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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.
17 Jun 2020 3 minute read 17 comments Thomas Wolf
Nothing like an unprecedented time for an interesting time.I have decided to put most altcoins on the back burner but I wanted to discuss my loyalties with the handful that remain.Bitcoin should require no explanation but I think it's fair to say it'...
17 Jun 2020 1 minute read 0 comments skyislimit
First, we look at the XLM / BTC Daily Chart The market strength is coming back to XLM but it is still weak, trading below descending tree line and it needs more volume to break up the descending line. Resistance stays at 0.0000075 BTC and support is...
16 Jun 2020 1 minute read 0 comments hgjk
Will Stellar return to its rising trend? Falling trend zone creates solid resistance Stellar 0.071USDT (+ 5.77%) Stellar wants to regain its rising trend that it started in March. Stellar, which broke the major rising trend with the sharp decline se...
16 Jun 2020 2 minute read 0 comments Mabla
Poverty is the root of all evil not money and with money and with money you can eradicate poverty, so all you have to do is find something worth investing in that will give you returns in time. You should decide whether you want to be a ‘path finder...
16 Jun 2020 2 minute read 0 comments Mabla
Market makers, brokerage firms and investment banks are the big whales in the market, they are the ones who control supply and demand. They are the ones who move the market as they place big orders which create big movements known as the supply and d...
15 Jun 2020 3 minute read 8 comments Roberto D.
In this guide we will talk about Stepdrop, the Italian app (for once, someone in my country does something about cryptocurrencies, I'm excited.) The "Young Platform" Stepdrop app is an app that pays you in the form of digital tokens (YNG) for every s...
15 Jun 2020 2 minute read 0 comments Crypto adict (Manu VZ)
NEO BTC The value of this pair is at 0.001105 the price fell below the uptrend channel.On June 10 and 12 bulls bought at a good time during dips expecting bullish momentum. However, there were only sales orders.If the bears keep dropping the price o...
14 Jun 2020 2 minute read 0 comments Mabla
Blogging is another way of making online and there are a lot of blogging sites you can choose. You can choose what any field you want to blog about e.ge about crypto currencies, health and fitness, fashion and many others, but it’s not all bout blogg...
14 Jun 2020 1 minute read 0 comments Mabla
US Dollar has been falling from 1 June to date and it has been affected by a few factors. The greenback is considered as a strong currency but right now we can see it is falling against weak currencies, commodities, metals and stocks. Let’s take a lo...
13 Jun 2020 1 minute read 2 comments skyislimit
The market is weak for most of the altcoins and XLM is one of them but it is waiting for clear direction.XLM / BTC Daily Chart Resistance stays at 0.00000780 BTC and support is 0.00000750 BTC. Trading rage is very narrow and volume is down, not muc...
