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.


Crypto or fiat? The most used method for laundering money

24 Aug 2020 9 minute read 25 comments Roberto D.

According to a United Nations report, money laundering costs the global economy between $ 800 billion and $ 2 trillion each year.These figures amount to 2% -5% of the global gross domestic product. Today, more than 90% of money laundering goes unnoti...

Why is it worth investing in crypto?

3 Sep 2020 3 minute read 18 comments Roberto D.

Cryptocurrency is the answer to the global demand to move to a cashless society in the future. It has changed the world in terms of how people work, transact online, and pay for their goods and products. When this new world was born, many people were...

Bitcoin approaches the bottom only to rise?

11 Sep 2020 2 minute read 12 comments Roberto D.

Bitcoin in the last 7 days has lost about 12% of its value (it is an article and the value always varies, if it is not 12% when you read it please don't stone me ..) and it seems to have lost that push that he had pulled it in the last few months. In...

CRYPTO TKOs Issue #006: What's in the CARDs for CARDANO?: Flareout or Success?

10 Feb 2021 3 minute read 2 comments thunderboltkid

As CARDANO rockets to the top ahead of former colleague Ethereum Founder and current Captain of PolkaDot, one has to wonder. Is this growth substantiated on real Main St. Value Creation or simply Speculator Frenzy, or a bit of both? Likely the latter...

Why you should consider investing in Stellar Lumens (XLM) for the long term future !

5 May 2020 5 minute read 7 comments Djordi

Stellar Lumens (XLM) Stellar Lumens is a non-profit organization (Stellar Development Foundation) that wants to create an open network of storing and moving money. They allow almost any kind of valuta, or form of money, to be transferred in their op...

Stellar Lumens (XLM) 🚀 Partnerships That Could Stop The Downward Trend In 2020!

23 Mar 2020 3 minute read 24 comments Cryptonator`s

Let`s be honest: Stellar Lumens (XLM) performed poorly last year. Also this year XLM's performance falls short of the expectations of the community. Overall, the cryptocurrency saw losses of 55%. However, innovative projects have been created on the...

This Is Why TRX Will Be A Dominating Force This Super Cycle

13 Sep 2020 2 minute read 13 comments Sapphire

The 2017 Darling If you were in the Crypto space during the last bull run you will remember how Tron basically rose to fame in a matter of weeks. I picked up my first TRX at a fraction of a cent. Tron went on to become one of the best performing alts...

Is this the level of support expected from Celsius Network? - School boy error follow-up!

14 Mar 2021 3 minute read 28 comments PVMihalache

Probably I know the story and you've seen the School boy error: How to lose $300 article, when silly me won $250 from the Ditto Meme Competition and sent them from Binance Smart Chain, directly to my Celsius Network BUSD account and they never reache...

Statera Project (STA) - Puzzle Pieces to Picture

6 Aug 2020 23 minute read 37 comments Thomas Wolf

Like any aspiring author, I was thrilled to see a new contest for Statera Project, especially after taking #5 in the previous contest for ChangeNOW, which is a DEX I absolutely love and continue to use daily.So I say to Igor: Count me in!I had NO IDE...

Crypto Projects: Are They Really All New and Original?

27 Nov 2020 5 minute read 19 comments MikeZillo

In every corner of the growing network, fast as the  light, new projects arise promising amazing technological and digital innovations accompanied by yields that would embarrass even the most astute gamblers. Honestly, the situation is not exactly th...