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.


Ron Paul Promotes Bitcoin

1 week ago 1 minute read kingscrown $0.26 tipped

Ron Paul is a politican but if we read more, hes way more than this. He is articles author, physician, and retired politician who served as the U.S. Representative for Texas's 22nd congressional district from 1976 to 1977 and again from 1979 to 1985,...

Will XLM see a 100% price increase?

1 week ago 2 minute read raven $1.70 tipped

Probably most of you is already aware of the biggest crypto news of yesterday: the Stellar Development Foundation (SDF) burned 55 billion XLM tokens out of its reserves! With this move, the total supply just fell from 105 billion to 50 billion XLM. T...

Massive XLM Pump.. But dont jump the trigger

1 week ago 1 minute read kingscrown $0.35 tipped

Yes the pump just happened and its crazy volume and price wise. I mean its literally now but had to trade this a bit, still as often wanna be first to post here the news. Binance Market Announcements about news and the burn - partial. You can see t...

CRYPTO EVENTS - REPORT 1

1 week ago 1 minute read Cryptoray $0.09 tipped

UPCOMING CRYPTO-EVENTS - REPORT 1   Stellar Meridian Conf. (04 November 2019) The official intro: "Meridian is the first Stellar conference. It will bring together everyone in the Stellar universe, alongside major financial institutions and industr...

New project Bitzon coin.

1 week ago 1 minute read kripto sedat $0.10 tipped

  Bitzon | Community OverviewWhat is Bitzon ? Ans - Bitzon is a multi-sided, multi-currency platform built with the goal of changing the way online shoppers & sellers move money. This group is designed for supporters to discuss our project and associ...

Comprehensive Guide to Help You Understand Stellar Lumen

2 weeks ago 2 minute read Richard M Adrian $1.22 tipped

Stellar lumen is a currency that was developed by the stellar development foundation. Stellar is a distributed ledger that is capable of connecting people and financial institutions around the globe. Stellar is built on the basis of the blockchain te...

What is Ripple (XRP)? [A Comprehensive Guide to Understanding XRP]

3 weeks ago 9 minute read Mr.CryptoWiki $5.99 tipped

Ripple and its token XRP, like Bitcoin and Ethereum and a few other tokens in the top 20, stand out in a market where every 3rd token appears to be a pale imitation of some token or other - whether it is a cross-border banking-focused token, a means...

Stellar (XLM) can be next cryptocurrency to rise after Bitcoin | Stellar to USD completed setup to hit $0.42 upto 596%

3 weeks ago 1 minute read moon333 $0.14 tipped

About Stellar: The Stellar is an open source network which works in distributed environment and owned by the community.The stellar is used to cross asset transfers of value, and aims to be an open financial system which gives the people of all levels...

Stellar (XLM) Price Prediction 2020 - $0.20 Possible?

3 weeks ago 8 minute read CryptoChartWizard91 $5.85 tipped

If somebody was to tell you XLM has witnessed a fantastic year of trading during 2019, they would be flat out lying to you! Stellar has dropped a total of 14% from the yearly opening price as it currently trades at $0.0635 (as of October 19th, 2019)....

Btc price again going down? Why ?

3 weeks ago 1 minute read Crpyto Hub $0.16 tipped

Hi all     Btc price going again down. This is the shocking new for the investor and people that are holding btc. Why are the price is going down. Answere of this question is very hard to giving. So in my eyes the reason of falling btc price is so mu...