Stellar (XLM)

Highly volatile investment product. Your capital is at risk.

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.

August 21st, 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 August 12-19, 2018.

August 17th, 2018

Stellar has been ranging between these levels ($0.2 – $0.18), We may expect the break out of the price at $0.2 supply levels which may leads to increases in the rates.

August 14th, 2018

This report presents data on the cryptocurrency market movements in 2018, with special attention paid to the analysis of changes taking place over August 2018, most notably August 6-12, 2018.

August 11th, 2018

According to the sources familiar with the matter, the two companies have been discussing the creation of a fork in the Stellar blockchain while letting Facebook develop its indigenous digital token on a separate blockchain.

August 9th, 2018

Stellar has been engaged in continual bearish movements, owing to fundamentals that aid the current bearish outlook; the cryptocurrency made some faint bullish effort that was often followed by further drop in the market.

August 7th, 2018

This report presents data on the crypto market fluctuations over 2018, with special attention given to the analysis of trends seen in July 2018.

July 31st, 2018

Please see our report providing insights into cryptocurrency market movements during 2018, with special focus placed on the changes taking place in July 2018, most notably July 23-29, 2018.

July 26th, 2018

On Thursday, July 26, Stellar continues to grow, but its growth rate has slightly slowed down, reports Dmitriy Gurkovskiy, Chief Analyst at RoboForex.

July 26th, 2018

Stellar is calling the shots in the crypto market after signing a new deal with TransferTo to enhance the cross-border payment transfers and settlements across 70 countries.

July 24th, 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 July 2018, most notably July 8-22, 2018.