Stellar Lumens XLM price cryptocurrency
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STELLAR LUMENS.

XLM.

STELLAR LUMENS XLM

Creator - Jed Mccaleb, Joyce Kim

Date launched - Early 2014 (April 2015 with new algorithm)

Algorithm - Consensus (Proof-of-Work)

Stellar is a protocol for exchange of value between currencies. Having been initially based on Ripple, updates mean that it is now running on its own algorithm, providing instantaneous transactions via a consensus system.

Stellar Lumens the Cryptocurrency that Aims for the Stars Stellar is a decentralized platform that connects banks, payments systems, and people. It allows you to integrate & move money quickly, reliably, and at almost no cost..

Stellar is an open-source, distributed payments infrastructure. It uses a decentralized protocol that enables you to send money to anyone in the world, for free, instantly, and in any currency..

 

 

Lumens are the 'native assets' of the Stellar network. Stellar is a somewhat different blockchain protocol than other cryptocurrencies, and often draws comparisons to Ripple. Like XRP, Lumens are digital tokens designed to help dissolve inefficiencies among financial institutions and consumers..

 

 



 

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Stellar is Open-Source, Distributed Payments Infrastructure.

It connects people, payment systems, and banks. Integrate with Stellar to move money quickly, reliably, and for a fraction of a penny.

 

IBM and KlickEx Choose Stellar to Power the Future of Cross-Border Payments

Today we are excited to announce that Stellar is partnering with IBM and KlickEx to develop a blockchain-based cross-border payments solution proven to significantly reduce transaction costs and increase transaction speeds.

Stellar Lumen (XLM) is a cryptocurrency used by the Stellar payment network. Launched in July 2014 by Jed Mccaleb, the founder of the failed Mt. Gox Bitcoin exchange and the Ripple payment network, Stellar was originally based on the Ripple consensus protocol, but it was later replaced by the project's rewritten version. It is a proof-of-stake (PoS) coin with a total supply of 100 billion of stellars and an annual inflation of 1%. Unlike most other cryptocurrency projects, Stellar does not provide a desktop client and all transactions are performed through its web wallet.

 

 

 

 



 

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