Stellar Lumens (XLM) News, Price Predictions, Opinions and Analyses Created by Users

Stellar Lumens (XLM)

504 Articles 1847 Followers

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.

How did BTC perform during the quarantine?

20 Jul 2020 3 minute read 4 comments Roberto D.

The Coronavirus pandemic has had (and is having) a devastating impact on financial markets and the economy of almost every part of the world. What was the trend of Bitcoin during the critical phase of the Coronavirus pandemic? Today we analyze the be...

Stellar (XLM) integrated into Samsung's blockchain ecosystem

20 Jul 2020 1 minute read 0 comments NassiroV

Image Source Stellar and Samsung finally team up - The Stellar cryptocurrency project (XLM) was started in 2014 by Jed McCaleb, two years after he founded (and then left) Ripple. Today, the Stellar network is making a big step thanks to its integrat...

Akon wants to build a "crypto city" basing the economy on the "Akoin"

18 Jul 2020 1 minute read 6 comments Roberto D.

Senegalese-born rapper and multi-platinum producer Akon recently finalized the contract for the construction of Akon City, the city of the future that will rise a few kilometers from the capital of Senegal, Dakar. Akon City has the stated goal of bei...

Musk Trolls Dogecoin via Twitter & XLM is UP!

18 Jul 2020 3 minute read 12 comments Thomas Wolf

It's terrible enough Elon Musk's account was the most targeted of all the compromised accounts in the recent Twitter social-engineering scam that ended up costing people $121,000 USD, but now he's taken his trolling next level and created yet another...

Ripple or Stellar, Stellar or Ripple ... or better XRP or XLM????

18 Jul 2020 1 minute read 0 comments alquimista1501

These two tokes are more similar, in form, performance and execution; Of course, there are notable differences that in the end are summarized in a few work appreciations, but without a doubt, both XRP and XLM are presented as two giants leveraged by...

Top Crypto New | July,17th

17 Jul 2020 1 minute read 2 comments deleted00024

1-Weiss Ratings pointed out that there is a very strong competition between Cardano(ADA) and Ethereum(ETH) and consider Cardano(ADA) as the largest competitor of the Ethereum(ETH), also it expect a coexist between this two coins in future. 2- In a...

Stellar Lumens XLM A Big Air Drop 5 Billion tokens Distribution | XLM Has Spiked At $0.10 Resistance

17 Jul 2020 2 minute read 0 comments moon333

Yesterday Stellar had a big event of unofficial 5 Billion VWV tokens airdrop. The tokens were distributed as an airdrop to Stellar (XLM) holders based on a snapshot of the Stellar blockchain on July 16, 2020. So if you are a Stellar holder then you s...

XLM Stellar Lumens vs XPR Ripple - XLM could SURPERFORM XRP in THE COMING FUTURE

17 Jul 2020 1 minute read 0 comments Digital Asset Thinker - Digital Economy

Good day everyone, in this youtube video, I explain to you what can occur with XLM on XRP in the coming weeks, and STELLAR LUMENS XLM could SURPERFORM XRP Ripple :   CLICK HERE here to  Install  BRAVE Browser  and Be REWARDED In BAT CRYPTOCURRENCY E...

Stellar support added to Samsung crypto wallet

17 Jul 2020 1 minute read 0 comments Kluma

The Stellar Foundation has announced that it has added support for its blockchain to the cryptocurrency wallet of Samsung smartphones. Stellar is the fifth cryptocurrency network supported by Samsung's wallet. It also allows you to work with Tron ass...

PayPal will introduce support for cryptocurrencies, the confirmation comes directly from the company

17 Jul 2020 2 minute read 10 comments Roberto D.

PayPal is working on the development of services related to the world of cryptocurrencies: it is not an indiscretion like the one circulated last month, and of which we have already spoken (LINK HERE), but a confirmation that comes directly from the...