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.


Is India Ready to ban Trading in Cryptomoney?

7 hours ago 1 minute read 1 comment Gamma

The end of trading in cryptomoney in India The Indian government hopes to completely prohibit crypto-money transactions.    After much discussion, India is about to ban the trading of cryptomoney while since the year 2020 many companies have opened...

Crypto-Crisis and Stellar (XLM) investments

20 Sep 2020 1 minute read 11 comments Steven_BA

I will be clear from the beginning. I am very skeptical about overnight enrichment due to cryptocurrency transactions. Although I have read hundreds of stories of people who have become rich, as long as it did not happen to me, I find it hard to beli...

What's Stellar (XML)?

20 Sep 2020 1 minute read 1 comment Hephaesvus

Stellar is a cryptocurrency founded in 2014 by Mt Gox together with Ripple's founder Jed McCaleb. Stellar is traded on XLM and is funded by the nonprofit Stellar Development Foundation. Stellar provides payment systems between financial institutions...

More than 10,000 ATM bitcoin dispensers around the world

20 Sep 2020 1 minute read 3 comments Gamma

An increasing number of ATMs around the world In 2017, the number of bitcoin distributors was approximately less than 2'000 in 2018 this figure doubled to reach 4'000 while currently in 2020 we have more than 10'000 ATM which is mostly located in the...

What about DeFi's to integrate e-sports ???

20 Sep 2020 1 minute read 0 comments alquimista1501

The future seems uncertain, with the pandemic many things changed radically and without a vaccine it is very difficult to know when we will be able to recover our reality. But not everything is bad, many things did not disappear, rather they evolved...

Wrong Using of Trading Analysis(TA)

19 Sep 2020 1 minute read 4 comments Tikyi Khant

Hello all, I want to talk about the case of wrong using of Trading Analysis today. I have come across so many people WHO THINK that traders can predict the market 100% or that learning Trading Analysis is 'To Predict Market Price'. I hate to break it...

Binance: 7% Cashback of its Visa Crypto card

19 Sep 2020 1 minute read 17 comments Gamma

Binance unveils cashback levels for its Visa crypto card The Binance card will offer a cashback for every purchase made with the card.Here are the cashback amounts that Binance offers you starting at least October 2020 To activate the cashback you mu...

Tesla is looking like Bitcoin in 2017

18 Sep 2020 1 minute read 0 comments Arthur_mathews

Are things about to go under for Elon Musk, the famed founder of SpaceX and Tesla? Analyst Julian Bridgen has been comparing Teslas stock price to the bitcoin bubble of 2017, which ultimately popped in very ungraceful fashion. Hes claiming that Tesl...

Long term altcoins portfolio

17 Sep 2020 2 minute read 4 comments odisseo

There are now thousands of digital assets listed on the various exchanges. Let's take as a reference a new user who decides to approach this world and suppose that he wanted to have, on some digital assets, a long-term strategic exposure. Which of th...

Crypto opportunities available this week : KAVA, Stellar, WING, Bella Protocol and stock shares

17 Sep 2020 2 minute read 24 comments PVMihalache

Earn Swipe (SXP), Bella Protocol (BEL) and Wing (WING) on Binance by holding Binance Coin (BNB). Over $16 million worth of Swipe (SXP) will be shared for 12 weeks, approximately 333,333 allocated each week. We are currently in week 5 off the campaig...