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Stellar Lumens (XLMUSD)

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Last Post: 3/7/2021 6:11:30 PM - Followers: 79 - 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.

https://www.stellar.org.
 

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
#564   None of which allow all assets. Especially sub penny isenterprises 03/07/21 06:11:30 PM
#563   coinbase and others crypto exchanges Hole shot King 03/07/21 06:10:24 PM
#562   None of them trade them so far that isenterprises 03/07/21 05:58:17 PM
#561   Depends what you want, then you have to Gman3343 03/07/21 05:57:20 PM
#560   I meant crypto that is trading at sub penny isenterprises 03/07/21 05:53:03 PM
#559   Etrade will trade otc, their not sub penny Gman3343 03/07/21 05:51:49 PM
#558   Where are you trading these sub penny crypto’s isenterprises 03/07/21 03:25:47 PM
#557   https://stellar.org/developers-blog/a-new-sun-on-the-horizon Glta Bird is the Word Lizzybird 03/02/21 02:31:00 PM
#555   No formula at all..very disappointing...here I'd be happy Daverz 03/01/21 03:35:06 AM
#554   Watched XLM at .07 loaded the boat @ ap17 02/28/21 09:57:03 AM
#553   Hey friends! Loaded me up some more of Daverz 02/28/21 03:25:17 AM
#552   XLM/STELLER...45...Bullish Pole N Flag Reversal Pattern to the georgie18 02/27/21 09:27:28 AM
#551   https://www.crypto-news-flash.com/stellar-based-lightnet-partners-with-moneygram Lizzybird 02/26/21 02:53:46 PM
#550   https://news.bitcoin.com/circle-launches-usd-coin-stellar-network/ Lizzybird 02/26/21 02:24:07 PM
#549   https://www.circle.com/en/usdc?utm_term=usdc&utm_campaign=G_USDC_Leadgen&utm_sou Lizzybird 02/26/21 02:23:30 PM
#548   https://www.stellar.org/blog/how-wyre-enables-businesses-to-build-on-stellar-wit Lizzybird 02/26/21 02:16:10 PM
#547   Congrats longs Weed farmer 02/25/21 04:37:06 PM
#546   xLm now has smart contracts via flare networks Weed farmer 02/25/21 04:36:52 PM
#545   Buying the dip could hit .30 I'll buy Hole shot King 02/23/21 05:40:44 AM
#544   ok this sell off has hit ludacris speed JoEy D BuLL 02/22/21 11:51:54 PM
#543   Your very welcome... georgie18 02/21/21 10:29:18 AM
#542   NICE, thanks for that. Give us an intv ap17 02/21/21 10:21:59 AM
#541   XLM...49...Bullish Pole N Flag Reversal to the Upside georgie18 02/21/21 10:08:45 AM
#540   Thanks for the advice on platform! So far isenterprises 02/20/21 11:37:14 PM
#539   I have a kraken account, but never traded ap17 02/20/21 11:28:17 PM
#538   I am thinking kraken, seems to have the isenterprises 02/20/21 11:20:10 PM
#537   I use CB pro, but think their fees ap17 02/20/21 11:18:59 PM
#536   Hey there folks, what’s your favorite or the isenterprises 02/20/21 10:31:00 PM
#535   Not from my experience until lately. FORW and Gman3343 02/15/21 04:38:03 PM
#534   Penny plays are the best!! royaltyfree 02/15/21 03:48:36 PM
#533   Yea, im in a penny stock FORW that Gman3343 02/15/21 02:23:32 PM
#532   Been tough to keep track of all the Daverz 02/15/21 01:40:59 PM
#531   Im buying some snav tomorrow. Big news not Gman3343 02/15/21 10:47:36 AM
#530   I been in it 3 yrs and will ap17 02/15/21 10:01:26 AM
#529   Im not seeling my xlm until multiple dollars. Gman3343 02/15/21 09:16:09 AM
#528   Now is the time to accumulate. royaltyfree 02/13/21 11:47:22 PM
#527   Almost placed a limit order to sell all ap17 02/13/21 10:43:02 PM
#526   Remember when XLM broke .40 recently how happy cjstocksup 02/13/21 02:37:43 PM
#525   Loll steez 02/13/21 10:29:28 AM
#524   Time to rise my little kitties lol Gman3343 02/13/21 09:15:37 AM
#523   XLM...59...Cup forming with a Resistance Neckline in the georgie18 02/13/21 05:05:58 AM
#522   XLM’s time is here and now!!!! GrayArea007 02/12/21 09:51:24 PM
#521   What a beast! absintheminded90210 02/12/21 09:26:06 PM
#520   Lol, i have xrp xlm eth link and Gman3343 02/12/21 08:14:21 PM
#519   Yesss i got xrp. Xlm eth. Doge steez 02/12/21 06:27:11 PM
#518   Their all taking off, xrp link eth xlm Gman3343 02/12/21 06:19:57 PM
#517   Wow explosionnnnnnn. Volume nice steez 02/12/21 04:51:30 PM
#516   Bought Civic at .17 and Loom at .02. royaltyfree 02/12/21 02:14:53 PM
#515   Same here, watched it @ .07 pull the ap17 02/12/21 02:05:48 PM
#514   Hell yeah. Lowest purchase for me was .08ish, absintheminded90210 02/12/21 01:56:50 PM
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