Stellar (XLM)

Stellar is an open-source protocol for value exchange founded in early 2014 by Jed McCaleb (creator of Ripple and eDonkey) and Joyce Kim, supported by a nonprofit, the Stellar Development Foundation. Being a completely decentralized consensus platform, Stellar, in simple words, is an open-source protocol for exchanging money, which connects people, payment systems, and banks, allowing to not only buy and sell currencies in a foreign exchange, but also to convert currencies seamlessly during transactions.

The network consists of peers that run independently of each other, meaning that Stellar does not depend on any single entity, any of which, by the way, can run a Stellar server. The idea is to have as many independent servers in the network as possible, so that it will run successfully even in case some of servers fail. The consensus process happens at a regular interval of every 2 to 4 seconds.

Like any traditional ledger, Stellar’s one records all the balances and transactions of every single account on the network. A complete copy of the global Stellar ledger is hosted on each server running correspondent software.

Stellar network’s native asset is Lumen. The standard token contributes to the ability to move money around the world and to conduct transactions between different currencies quickly and securely.

Stellar boasts quite a starry board’s and advisory board’s crew, which include Keith Rabois, Patrick Collison, Matt Mullenweg, Greg Stein, Joi Ito, Sam Altman, Naval Ravikant and others.

May 18th, 2018

China’s Public Blockchain Rankings raise discontent with Bitcoin, the world’s largest and most dominant cryptocurrency, being ranked 13th due to the limited use of its blockchain network.

May 16th, 2018

The eToro social trading platform expands to the U.S. allowing local investors trade in ten different digital currencies right at launch.

May 16th, 2018

IBM plans to launch its own cryptocurrency on the Stellar blockchain. In collaboration with Veridium, the companies are going to tokenize carbon credits.

May 15th, 2018

The report covers data on the crypto market movements during 2018. Special focus has been given to the analysis of changes taking place over May 7-13, 2018.

May 14th, 2018

Thanks to Basepay ambitious plans, cryptocurrency payments will soon become available to a great number of people all over the world.

May 8th, 2018

Check out our report presenting data on the cryptocurrency market movements in 2018, with special attention paid to the analysis of changes taking place over April-May 2018, most notably April 30-May 6, 2018.

May 2nd, 2018

Report presents data on the crypto market movements over 2017-2018, with special focus given to the analysis of the trends of April 2018, notably April 23-30, 2018.

April 24th, 2018

Please, check out our report devoted to the analysis of the cryptocurrency market movements during 2017-2018, with special emphasis placed on changes seen in April 16-22, 2018.

April 17th, 2018

Please check out our report delving into crypto market changes over 2017-2018, with special emphasis laid on the period April 9-15, 2018.

April 10th, 2018

Please check out our report delving into crypto market changes over 2017-2018, with special emphasis laid on the period April 2-8, 2018.

April 3rd, 2018

Please, check out our report on cryptocurrency market movements over 2017-2018, with special emphasis placed on the analysis of changes that took place during Q1 of 2018, more particularly over March 26-April 1, 2018.

March 27th, 2018

Coinspeaker and ICOBox are offering weekly analysis of cryptocurrency and digital assets markets over March 19-25, 2018, conducted by Professor Dima Kornilov and Dima Zaitsev.

March 27th, 2018

As Bitcoin is still priced high, and entry to cryptocurrencies for new-comers remains hard, altcoins may become a real alternative. For all interested we’ve put together a list of the top 5 altcoins to look for this year.