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.


Stellar Wallet 2020

8 Dec 2019 3 minute read ChangeNOW $0.00 tipped

In times when we rarely use ordinary wallets and can even afford to forget them at home – soon new e-wallets are going to replace them. How good is Samsung Galaxy Stellar wallet, how to check Stellar wallet balance or where you can download it?  L...

Is Stellar Lumens (XLM) a Good Investment?

6 Dec 2019 7 minute read CryptoBoomer $0.00 tipped

Making the right investment in cryptocurrencies is not like investing in other markets. The two clearest things, for those who have just begun investing and are observing how the market works, are that it is EXTREMELY volatile and that many of the st...

Poloniex is kicking old crypto DigiByte

5 Dec 2019 1 minute read kingscrown $0.00 tipped

The news just dropped, price is not aware yet so lets see what happends soon - i expect to see a dump since those news are never good for morale of investors. DGB is one of the old coins that used to trade everywhere in old days when there was not ma...

Earn Xlm on Masmic Platform

2 Dec 2019 1 minute read coolguy222 $0.00 tipped

Hello Dear community!I am here again to tell you about a new way of earning online. As you know that people who are not strong financially are always looking for online work to earn some extra income. I am also includes myself in this category of peo...

Wirex bank - short overview of this awesome futuristic crypto bank

1 Dec 2019 2 minute read Lucian Nagy Composer Multi ethnic instrumentalist $0.00 tipped

Register here to order your crypto-card from Wirex crypto bank and to take part on their futuristic crypto journey: https://wirexapp.com/r/9fd09b6101eb418c99863fe355d61067 Here we are people with my short overview on the new WXT: Wirex Token (WXT) i...

Stellar: An Open Network For Storing And Moving Money

1 Dec 2019 4 minute read fycee $0.00 tipped

Founded by Jed McCaleb in 2014, who is also the founder of Mt. Gox and the co-founder of Ripple XRP. He collaborated with Atty. Joyce Kim to develop the network system called Stellar. The Stellar Platform Stellar is a platform that connects banks, p...

Free 10 $ XLM invite on Coinbase [ $ 40 for each of your invitations EXTRA! ]

27 Nov 2019 1 minute read Ryuji $0.00 tipped

As always I will be very short.Coinbase gives XLM to its users (limited number), the only thing you need to do is subscribe to the waiting list and wait for an email to receive XLM! (In my case a week and a half).Once you have accepted the invitation...

From Charles Hoskinson To XLM : "It’s Insanity"

25 Nov 2019 1 minute read Yasin $0.00 tipped

Charles Hoskinson, the founder of Cardano (ADA), has pounced on the Stellar Development Foundation (SDF), which recently decided to burn 55 billion XLM tokens worth $ 4.4 billion. Hoskinson, speaking at his AMA session on his YouTube channel, asked w...

Binance to Go DOWN Today - What to watch out at.

25 Nov 2019 1 minute read kingscrown $0.00 tipped

In normal times this wasnt anything special that exchanges have to go down sometimes, often they didnt really announce such stuff in ie 2014. But these days if exchange is down with no notice people are mad scared, we see dumps or crazy price action....

99% Of Cryptos Will Go to Zero!!!

24 Nov 2019 1 minute read andreaskanel $0.00 tipped

  Nowadays, more and more statements from the world of crypto insist that only the 1% from the whole coin have real use case. First it was  Brad Garlinghouse (Ripple CEO) in an interview on Bloomberg said that in the future will survive only the 1% o...