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.


Tokenize Your Victories on Stellar Blockchain with Litemint

12 Sep 2020 4 minute read 9 comments insidetrader

Blockchain technology and the emergence of cryptocurrencies were not the only innovations that the 2000s brought to our lives. 50 years ago, we reached a time when a mechanical device called a computer was the size of an average room. Now it fits in...

Taken a record amount of BTC from exchanges

13 Jul 2020 2 minute read 6 comments Roberto D.

On July 8, an annual record was broken for the number of Bitcoins (BTC) removed from the exchanges: Coinbase at the top of the ranking of prelievicon with a net outflow of well 20,787 BTC: more than all exchanges overall. What does this mean, a bulli...

Bitcoin @ $100,000, Impossible or Inevitable?

1 Jun 2020 2 minute read 15 comments Thomas Wolf

In a recent article on Forbes "Bitcoin Could Be About To Surge To $100,000 After Stock-To-Flow Update Revealed" by Billy Bambrough, Bambrough discusses the struggle for Bitcoin to reach and hold $10,000 as well as how cryptocurrencies are one of the...

Stellar Consensus: A Decentralized Payment Protocol

7 Sep 2020 4 minute read 5 comments MintDice.com

Stellar Lumen is a platform that aims to integrate decentralized ledger technology with the existing financial infrastructure by decentralizing the entire process. It is the seventh largest cryptocurrency with a market cap of more than $3 billion, an...

The Stellar Lumens (XLM) HODL Experiment

23 Mar 2020 3 minute read 5 comments Thomas Wolf

This experiment has been placed on hold.  The last update was 5-22-20.After writing an article about the potential Stellar has for exponential gain I took a look at the market moments ago and finally it was down a reasonable amount, so it was time to...

Stellar Lumens (XLM) | Going To Open An Alligator Mouth For More Powerful Bullish Rally

8 Jun 2020 5 minute read 2 comments moon333

Hi friends hope you are well and welcome to the new update on Stellar. Today in this article we will see how the XLM is turning more and more bullish to achieve the highest price ever in its history. But this time the Lumens is also giving some beari...

PayPal will support cryptocurrencies, is it important?

25 Jun 2020 2 minute read 12 comments Roberto D.

The news is a few days ago but I preferred to wait to find out a bit more and to avoid a possible denial that would have made the article useless, however it seems (almost) certain that Paypal will integrate support for cryptocurrencies, but how? Acc...

Stellar Lumens XLM | A Possible Bull Reversal

20 Jun 2020 2 minute read 2 comments moon333

Hi friends hope you are doing well and welcome to the new update on Stellar. As after hitting the resistance of channel the XLM has dropped more than 24%. Therefore in today's article we will try to understand what the price action can do next.   Bea...

Crypto opportunities available this week (SXP, Celo,LINK, ZEC, XLM)

9 Sep 2020 2 minute read 20 comments PVMihalache

Even if the market is down, there are plenty of opportunities to grow the crypto portfolio. Earn Swipe (SXP) on Binance by holding Binance Coin (BNB). Over $16 million worth of Swipe (SXP) will be shared for 12 weeks, approximately 333,333 allocated...

The easiest guide to the safest wallets

10 Jun 2020 10 minute read 0 comments Roberto D.

Good morning, good afternoon or good evening (I don't know what time it is in your part of the world), today we will talk about online wallets and exchanges and why it is important to choose the right one, best suited to our needs. We will also talk...