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.

July 19th, 2018

Stellar Lumens has shown tremendous surges with weekly gains over 70% outclassing all other cryptocurrencies in the market.

July 18th, 2018

Having received the Sharia certification, the Stellar Foundation will be working on developing Sharia-compliant applications using the Stellar technology for Islamic financial institutions. 

July 10th, 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 July 1-8, 2018.

July 4th, 2018

The report presents data on the cryptocurrency market movements over 2018, with special focus given to the analysis of changes taking place over the second quarter of 2018.

June 26th, 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 June 2018, most notably June 18-24, 2018.

June 25th, 2018

EOS is named the cryptocurrency No.1 according to a recently released ranking from China. Ethereum ranks 2nd, though earlier it was the leader.

June 19th, 2018

This report presents analysis of cryptocurrency market movements during 2018 with special attention paid to the trends seen over June 11-17, 2018.

June 13th, 2018

Scopuly, a decentralized cross-platform application built on Stellar blockchain, allows for safe storage, instant transfer and issuance of crypto-currency assets, investment in ICO campaigns, and their launch – all in one app.

June 12th, 2018

Please see our report covering data on cryptocurrency market movements during 2018. Strong focus has been placed on the analysis of fluctuations taking place in June 2018, particularly June 4-10, 2018.

June 5th, 2018

This report presents data on the crypto market fluctuations over 2018, with special attention given to the trends of May, most notably those taking place during May 28-June 3, 2018.

May 29th, 2018

Please see our analysis of the cryptocurrency market movements during 2018, with special focus placed on the insight into the changes taking place in May 2018, most notably May 21-27, 2018.

May 28th, 2018

More and more companies are joining the crypto world starting with acceptance of crypto payments. Now users of The Register will be allowed to pay in XLM.

May 22nd, 2018

Please see our report devoted to the analysis of cryptocurrency market movements during 2018. Special attention has been given to the review of changes taking place in May 2018, most notably May 14-20, 2018.