Stellar has been able to hold on to its spot as one of the most exciting and promising crypto projects in the space, that’s for sure. Even if XLM is not positioned in the top three cryptos on CMC, still the Stellar Development Foundation has been able to make an important name for the project … Continue reading "Stellar Lumens Price Prediction: XLM To Hit $50 – IBM Is Reportedly Involved"
Stellar is the number nine coin on CoinMarketCap, and this year, the crypto managed to perform great. The digital asset maintained its position as the center of attention in the crypto space and its reportedly preparing to welcome more institutional investors. XLM to reach $0.5 by the end of 2019 Smartereum notes that considering Stellar’s … Continue reading "Stellar Lumens’ Partnerships Could Reportedly Boost XLM Price To $0.5"
Late last year, Coinbase launched Coinbase Earn, which rewards people for educating themselves about cryptocurrency. Basically, you watch videos explaining […]
On Monday, IBM announced the launch of World Wire, a real-time global payments system built on the Stellar network. This […]
I know that I am at my very best when my work has a purpose, and when I’m pushing for […]
As you know from our 2019 Roadmap, we’re hard at work revamping stellar.org. A big piece of that work has […]
Here it is, without further ado: our current plan for 2019. We have a lot of projects we’re working on […]
What is the Stellar Lumens ?
- Stellar (XLM) is a completely decentralized consensus platform, designed to support any type of currency. It has a decentralized purse that can be used to trade any type of currency or asset.
Since the Stellar lumens network does not use mining technology. All tokens exist at the start of the network. The majority of them are held by the non-profit foundation Stellar.org.
Stellar.org distributes the coins as follows:
50 billion XLM: to be given in small quantities to as many people as possible.
25 billion XLM: to be given to other companies and non-profit organizations to reach people that stellar.org would not otherwise be able to reach through the direct registration program.
20 billion XLM: to give to holders of bitcoins and XRP (see Ripple)
5 billion XLM: retained by Stellar. org for operations.
Stellar allows you to send any currency you hold to someone else in a different currency through the integrated decentralized exchange. People can receive any currency through an anchor they have added.