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.


Should we invest in XLM? - FOCUS ON XLM #4

2 May 2020 1 minute read 1 comment Trading Passion

When you buy XLM, you are not buying shares of the Stellar platform but rather the native assets of the platform which is mainly used to pay the transaction costs of the platform, fees which are close to zero. XLM is not intended to be a store of val...

Stellar against Ripple -FOCUS ON XLM #3

2 May 2020 1 minute read 0 comments Trading Passion

Stellar Lumens is close to Ripple in its design but differs in many points. First, the organization responsible for developing the network is a foundation, not a company like Ripple. It is responsible for distributing the 100 billion XLMs created ini...

What is the Stellar network based on? FOCUS ON XLM #2

2 May 2020 1 minute read 0 comments Trading Passion

The Stellar network is supported by a network of actors mainly composed of partner companies who take on the role of transaction validators. On August 8, 2019, only 125 nodes are running the network. Of these, 28 are complete nodes that make all of t...

This Repetitive Move Is Leading The Stellar Lumens (XLM) To $2

2 May 2020 5 minute read 2 comments moon333

Falling wedge: As we have seen in my previous article that the priceline of Stellar was moving in a falling wedge pattern. When I published my last post at that time the priceline of XLM was at the support of this falling wedge and I was waiting for...

Stellar ( XLM ) SHORT Term Prediction

2 May 2020 1 minute read 0 comments skyislimit

Look at what we talked before about XLM last time"XLM was weak for a few days and strength is getting there. We are over ascending trend line and price is going up almost every day. Support stays at $0.060 level and resistance is still $0.065 level a...

How to get $50 worth of EOS Tokens

1 May 2020 4 minute read 1 comment DaLuSt

Everyone loves getting free stuff and the same applies to getting free cryptocurrency. Whether it from completing social media tasks to get that airdrop sent to your wallet, retweeting some projects promotion on Twitter or playing with Faucets to get...

Why I Invested In Stellar Lumens (XLM) 😉

1 May 2020 1 minute read 1 comment valuevision

Stellar - Creating a common value network   Stellar wants to create a global network - a single, shared network of value transfer. Stellar gives everyone access to the financial system, even those without a bank. Approximately 2 billion people are un...

Why are XRP and XLM so cheap?

30 Apr 2020 1 minute read 8 comments MadMaxx

Yesterday, at the close of the markets, I headed over to twitter to check out what was happening with the world. I saw that a group of people called "the XRP army" were saying that the BTC pump would be the fire under the pot of XRP and XLM to pump t...

Stellar (XLM) Review 2020

29 Apr 2020 6 minute read 12 comments ChangeNOW

Stellar Lumens (XLM) is a decentralized crypto-based project that aims to make money move like emails. Its network has attracted the remittances world to move towards a space in which the position of sovereign currencies declined in favor of virtual...

Stellar ( XLM ) SHORT Term Prediction

29 Apr 2020 1 minute read 1 comment skyislimit

Look at what we talked before about XLM last time "The last 5 days volume was really up and it was trading over ascending trend line and going up like a star. Support stays at $0.063 level and strong. Resistance is $0.0635  and probably after hitting...