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Stellar Lumens (XLMUSD)

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Last Post: 5/12/2022 9:28:33 AM - Followers: 120 - Board type: Free - Posts Today: 0

About Stellar

Twitter: @StellarOrg
Website: -https://www.stellar.org

Intro to Stellar

Stellar is an open-source network for currencies and payments. Stellar makes it possible to create, send and trade digital representations of all forms of money—dollars, pesos, bitcoin, pretty much anything. It’s designed so all the world’s financial systems can work together on a single network.

Stellar has no owner; if anything it’s owned by the public. The software runs across a decentralized, open network and handles millions of transactions each day. Like Bitcoin and Ethereum, Stellar relies on blockchain to keep the network in sync, but the end-user experience is more like cash—Stellar is much faster, cheaper, and more energy-efficient than typical blockchain-based systems.


The Power of Stellar

Stellar is an open, interoperable payment and currency system. Below, we explain a few of Stellar's powerful features—asset issuance, the network’s distributed order books, and the path-payments system—that will enhance and simplify any fintech product.



Our journey with this week’s token began back in April 2019 when it joined the Wirex platform’s diverse crypto offering, kickstarting a very special partnership of ours. Meet Stellar’s lumen token (XLM).


XLM is the Stellar network’s built-in, native token, which serves several purposes in the larger Stellar protocol.

By way of background, the Stellar network is an open-source, blockchain-based payment protocol used for quick, low-cost cross-border transactions of any currency pair. It aims to provide a cheaper, faster and more efficient payment system for all, by using digital representations of currencies as more accessible equivalents of their respective values.

Where does XLM fit in? Lumens are required within the Stellar system to meet minimum balance requirements and pay transaction fees, as well as help facilitate peer-to-peer exchanges by acting as a link between currency pairings.

Built by the non-profit Stellar Development Foundation in 2014, the Stellar network embarked on a mission to bank the unbanked and promote financial inclusion. Although often compared to Ripple (the projects share a founder and initially used the same technology), there are fundamental differences. While they both seek to speed up and cut costs of international transactions, Ripple is ultimately a solution for banks, and Stellar for individuals.

Another key differentiator is Stellar’s token hosting capabilities. Companies are able to launch their own token on its platform, with greater ease and security than main competitor Ethereum. We should know - we chose Stellar to back our very own Wirex Token.

All things considered, it’s no mystery as to why the Wirex/Stellar partnership came about. We share a long-term vision of financial services being open to all, and our approaches - of using blockchain technology to bridge traditional and digital finance - align perfectly.


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#552  Sticky Note XLM/STELLER...45...Bullish Pole N Flag Reversal Pattern to the georgie18 02/27/21 09:27:28 AM
#1125   .10 in Less than 2 weeks kiddies.. and JoEy D BuLL 05/12/22 09:28:33 AM
#1124   already did Hole shot King 05/11/22 09:43:58 PM
#1123   Gonna add .12's? Porterhouse10 05/11/22 06:57:13 PM
#1122   every time .16s I add what I can Hole shot King 05/06/22 02:34:02 PM
#1121   $XLM Fed Chair Powell Says Crypto Is 'Used BottomBounce 05/05/22 07:50:12 PM
#1120   Everytime .16s hit I'll buy another $10k USD worth. DarkPool 05/01/22 12:49:53 PM
#1119   adding more adding more adding more adding more Hole shot King 05/01/22 11:54:47 AM
#1118   ;) DarkPool 04/30/22 10:21:52 PM
#1117   Nice!!! continuity 04/30/22 10:14:35 PM
#1116   .16s kiddo DarkPool 04/29/22 03:52:37 PM
#1115   see u @ .10 JoEy D BuLL 04/26/22 02:38:32 PM
#1114   This concept interest me especially in regards to wedman 04/21/22 11:00:35 AM
#1113   XLM DarkPool 04/12/22 04:28:52 PM
#1112   Thanks I’ll dig it up when I remember BeamMeUpScotty 04/12/22 03:56:17 PM
#1111   Go to stellar.org and read all about it. DarkPool 04/12/22 03:35:02 PM
#1110   Question. I’m not bashing. I’m not invested but BeamMeUpScotty 04/12/22 03:32:27 PM
#1109   Ole smash and grab. When will there's dummies DarkPool 04/06/22 12:45:49 PM
#1108   .20 load the boat on the reload. DarkPool 04/06/22 12:04:09 PM
#1106   Lmao ouch DarkPool 03/24/22 11:51:18 AM
#1105   Enjoy the soap shorty ;) DarkPool 03/23/22 02:17:23 PM
#1104   My 18s were tasty as well continuity 03/23/22 12:59:07 AM
#1103   Man those .16s were yummy ;) DarkPool 03/22/22 01:28:24 PM
#1102   ;) DarkPool 03/22/22 01:27:53 PM
#1099   Test resistance. Then leg up DarkPool 03/22/22 10:54:08 AM
#1098   ;) DarkPool 03/22/22 10:35:08 AM
#1097   Shorts throwing kitchen sink at it. Breakout imminent! DarkPool 03/22/22 10:00:39 AM
#1096   At this stage none of that stuff matters WiseYoda 03/22/22 12:56:16 AM
#1095   Well, he’s brilliant to be able to do WiseYoda 03/22/22 12:54:33 AM
#1094   I agree at 20 cents. Jed Mcaleb is continuity 03/21/22 08:06:02 PM
#1093   Same here 2017. Given my current record in ap17 03/21/22 06:26:30 PM
#1092   I started to get set up w cryptos WiseYoda 03/21/22 03:00:24 PM
#1091   Thats some complex you got there pal not WiseYoda 03/21/22 01:20:19 PM
#1090   Sorry to burst your bubble, I was here ap17 03/20/22 12:13:17 PM
#1089   Yeah you did. Holding smart moneys bags still. DarkPool 03/20/22 07:35:47 AM
#1088   Anything is reasonable at this time. continuity 03/20/22 01:45:13 AM
#1087   Moving on up….nicely. Those .18’s were so good! WiseYoda 03/19/22 03:02:56 PM
#1086   Exactly!! ap17 03/17/22 04:08:08 PM
#1085   Lol, smh WiseYoda 03/16/22 02:18:54 PM
#1083   Im not the one who thinks everyone on WiseYoda 03/16/22 01:07:06 PM
#1081   No shame in my game with XRP….and now WiseYoda 03/15/22 10:34:38 PM
#1080   Your mindset is so predictable…you have some kind WiseYoda 03/15/22 10:29:53 PM
#1079   Oh god. Go back to xrp! Already hear DarkPool 03/15/22 09:57:24 PM
#1078   Your bias BLINDS you. XRP and XLM are WiseYoda 03/15/22 09:49:10 PM
#1077   Its a big world not just the UK. daleb2130 03/14/22 10:40:15 PM
#1076   All crypto ATMs are illegal in the U.K., BottomBounce 03/14/22 08:08:22 PM
#1075   Believe it or not. I've been accumulating and daleb2130 03/11/22 01:24:11 PM
#1074   Those guys are idiots. Thank Jeb you dumb DarkPool 03/09/22 02:52:01 PM
#1073   Hand n Hand Hole shot King 03/09/22 01:49:38 PM
#1072   ?? DarkPool 03/09/22 10:45:47 AM
#1071   Why it bounce on the alert! They know DarkPool 03/07/22 05:19:36 PM
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