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#1 23-10-2019 15:42:43

Heba Soffar
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What is Stellar Lumen (XLM)? & How does Stellar's consensus protocol w

Stellar Lumens works more like cash, It is much faster & cheaper than bitcoin, it uses far less electricity, It is an open-source, decentralized protocol for digital currency to fiat money transfers that allows cross-border transactions between any pair of currencies.

Stellar Lumens was founded by Jed McCaleb in 2014, Jed McCaleb is the founder of Mt. Gox and co-founder of Ripple, launched the network system Stellar with former lawyer Joyce Kim, It is an open-source, distributed, and community-owned network used to facilitate cross-asset transfers of value, Stellar Lumens  can facilitate the cross-asset transfer of value at a fraction of a penny while aiming to be an open financial system that provides people with all income levels access to low-cost financial services.

XLM was ranked 8th by market capitalization among the top-100 cryptocurrencies on CoinMarketCap, The coin’s market cap and price have seen a noticeable uprise following Coinbase’s announcement, with 24-hour gains of almost 7 percent, trading at $0.106.

Stellar Lumens


Stellar Lumens is a decentralized platform which works through blockchain technology, users can share many assets, Stellar’s ledger is the hard fork of Ripple’s that aims to be a bridge currency for cross-border payments, The only difference with Ripple is that XLM is being run by a non-profit company, XLM tokens are only needed to pay the platform fee, which is only 0.0001 XLM.

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#2 14-11-2019 18:27:06

ufajoker
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Date d'inscription: 26-06-2019
Messages: 3515

Re: What is Stellar Lumen (XLM)? & How does Stellar's consensus protocol w

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#3 29-11-2019 23:20:46

lennyshane
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Re: What is Stellar Lumen (XLM)? & How does Stellar's consensus protocol w

It is cheaper than bitcoin, but it is definitely the same thing. We have been wanting to get things done and over with. - Phillip Elden

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