Stellar Lumens (XLM) News, Price Predictions, Opinions and Analyses Created by Users

Stellar Lumens (XLM)

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Stellar Lumens (XLM) is a cryptocurrency made by Jed McCaleb and the Stellar Foundation in 2014. Stellar is often described as an open-source, distributed and community owned network used to facilitate cross-asset transfer. Its goal is to create universal access and participation in the global economy. The Stellar exchange has created functions that allow users to transfer crypto into fiat and vice-versa through the help of stablecoins

The inception of Stellar comes after McCaleb left Ripple, a company he founded, due to disagreements in the direction the network should head toward. After leaving Ripple, McCaleb went on to create the Stellar Foundation, which in turn created the Stellar network. 

XLM is the token behind the Stellar network and is often referred to as Lumens. It is often said that Ripple is a fork of Stellar but this is not entirely true Although Stellar may have started its groundwork from the Ripple code, the two codebases are now completely different. For example, Stellar uses a completely different consensus mechanism to Ripple. The key difference between the two is that Stellar is targeted towards helping individuals whereas Ripple intends to help banks. 

XLM operates on the Stellar Consensus Protocol which is basically a network of peers that are capable of running the Stellar Consensus Protocol independently. This method of operation, although not as decentralized as traditional Proof-Of-Work protocols, allows for a high degree of efficiency as it allows transactions to occur through a consensus process among accounts in a quorum slice (meaning only a slice of the network needs consensus for the transaction to occur).

In this tag you can discover Stellar Lumens (XLM) news, price prediction, opinion and analysis created by users.


What I've Learned About Stellar and Ripple in Just One Month

17 Jun 2021 2 minute read 2 comments Woodworth

When I got into cryptocurrency I started with Coinbase.  What I found fun was watching a few videos on Coinbase and getting a little free crypto.  One that I earned was Stellar Lumens.  After earning a variety from their videos, I started digging dee...

3 AltCoins with low transaction fees

16 Jun 2021 2 minute read 10 comments changteck

Looking to transfer your BTC and ETH to other wallets but don't want to pay exorbitant miners and gas fees? This article will give you some insights into coins that I personally use and that have low transaction fees, so let's get right into it! Note...

The Whole World Will Watch This Craziest Move Of Stellar Lumens XLM

1 hour ago 2 minute read 0 comments moon333

  Hi friends, hope you are well, and welcome to the new update on XLM coin. Breaking down the broadening formation and the SMAs. On the 2-day chart, the price action of the Stellar coin was moving in the broadening formation since the 1st week of Ja...

Stellar Lumens XLM Is On The Right Track To Cross $1 Soon

4 Jun 2021 1 minute read 0 comments moon333

The price dump: Today the price action of Stellar has been dropped more than 13% in a single day and after a recovery rally, it has moved at $0.39.   You can also watch the below video for more details:   Different indicators and oscillators: On da...

Are you among those who bought XLM at the beginning of the year? What a stroke of luck!

3 Jun 2021 1 minute read 0 comments Rikolo

      Source Are you among those who bought XLM at the beginning of the year?Then despite this bear phase of the market you shouldn't be too unhappy. In fact, Stellar was at 0.13 cents, then on May 2nd it reached 0.51 cents and ex...

Basic Attention Token (BAT) - My #1 Bet & Why

20 Aug 2020 3 minute read 64 comments Thomas Wolf

Basic Attention Token (BAT) arguably has the strongest following of any cryptocurrency created in the last three years since its launch in 2017.I would call it third only to Bitcoin (BTC) and Ethereum (ETH), regardless of what the numbers say at this...

Everything about Anchor USD

16 Feb 2021 3 minute read 0 comments Answerly app

What is Anchor USD? A stable token that runs on the Stellar blockchain, Anchor USD allows users to earn interest on Stellar Lumens (XLM) and USD with unparalleled and unprecedented ease and convenience. How can you earn interest on XLM using Anchor U...

Why you should think about buying XLM or ALGO now

25 May 2021 1 minute read 0 comments carlaincomin

During the recent crash many altcoins lost over 50% of their value in just a few days. Now it seems like we are in a phase of recovering and consolidation and most of these coins - for example MATIC or Cardano - jumped back to their value before the...

Top 10 Aspiring Crypto Coins for June

2 Jun 2021 6 minute read 4 comments pheonixdown-dee

This article will take a look at ten cryptocurrencies that have interesting developments lined up for the month of June, which could also have a positive effect on their price.   Stellar (XLM) Current Price : $0.42 Market Cap: $9,739 Billion Market...

Wirex Review - Spend crypto directly from your account

8 Feb 2021 4 minute read 0 comments Answerly app

What is Wirex all about? The world is suddenly ablaze with the realization of cryptocurrency. Hence, the pursuit of crypto-friendly accounts is at an all-time high. If you are an investor or trader who is after one such account as well, then you can...