Home Coins Stellar Lumens (XLM)

Stellar Lumens (XLM)

In a nutshell, Stellar Lumens seeks to use blockchain to make very fast international payments with small fees. The network can handle thousands of transactions a second with only a 3-5 second confirmation time.

As you may know, Bitcoin can sometimes take 10-15 minutes for a transaction to confirm, can only handle a few transactions a second and, in turn, has very high transaction fees.

If this sounds a lot like Ripple, you’re right! Stellar Lumens was based off of the Ripple protocol and is attempting to do similar things. Some of Stellar Lumens’ main uses will be for making small daily payments (micropayments), sending money internationally, and mobile payments.

Stellar Lumens is focusing on the developing world and, more specifically, the multi-billion dollar industry of migrant workers who send money back to their family in impoverished countries.

The Stellar Lumens team is led by Jed McCaleb, who has worked in numerous successful startups in the past such as eDonkey, Overnet, Ripple, and the infamous Mt. Gox.
.

Stellar Dev Digest: Concern #32 – Stellar Neighborhood

0
👉 Horizon 1.Zero is out! Learn the weblog submit. On March 2, we will likely be upgrading the horizon.stellar.org cluster to Horizon v1.0.0,...

Stellar Dev Digest: Problem #31 – Stellar Group

0
This week I’m that includes SatoshiPay! — International, quick, and simple micropayment options.SatoshiPay has a set of merchandise that features a micropayment platform,...

Stellar Dev Digest: Situation #30 – Stellar Group

0
💬 The dev mailing record remains to be targeted on the identical factor as final week: the Account Memo Necessities SEPThe objective is...
486FansLike
75FollowersFollow
4,567FollowersFollow
5,261FollowersFollow
1,704FollowersFollow
2,230SubscribersSubscribe
USD - United States Dollar
EUR
1.10
GBP
1.23
CHF
1.04
NOK
0.10
JPY
0.01
CAD
0.71
AUD
0.61
bitcoin
Bitcoin (BTC) $ 6,309.28
ethereum
Ethereum (ETH) $ 131.87
ripple
XRP (XRP) $ 0.171540
tether
Tether (USDT) $ 0.998262
bitcoin-cash
Bitcoin Cash (BCH) $ 216.02
bitcoin-cash-sv
Bitcoin SV (BSV) $ 163.13
litecoin
Litecoin (LTC) $ 38.55
eos
EOS (EOS) $ 2.20
binancecoin
Binance Coin (BNB) $ 12.32
okb
OKB (OKB) $ 4.24
tezos
Tezos (XTZ) $ 1.59
leo-token
LEO Token (LEO) $ 1.04
cardano
Cardano (ADA) $ 0.029900
monero
Monero (XMR) $ 47.02
stellar
Stellar (XLM) $ 0.039924
chainlink
ChainLink (LINK) $ 2.25
huobi-token
Huobi Token (HT) $ 3.28
tron
TRON (TRX) $ 0.011489
usd-coin
USD Coin (USDC) $ 0.998153
dash
Dash (DASH) $ 64.27
neo
NEO (NEO) $ 6.66
iota
IOTA (MIOTA) $ 0.142140
nem
NEM (XEM) $ 0.035915
zcash
Zcash (ZEC) $ 30.65
maker
Maker (MKR) $ 289.76
paxos-standard
Paxos Standard (PAX) $ 0.996573
ethereum-classic
Ethereum Classic (ETC) $ 4.87
vechain
VeChain (VET) $ 0.003007
true-usd
TrueUSD (TUSD) $ 0.996532
ftx-token
FTX Token (FTT) $ 2.36
kucoin-shares
KuCoin Shares (KCS) $ 0.912126
waves
Waves (WAVES) $ 0.984532
ArabicChinese (Simplified)DutchEnglishFrenchGermanItalianPortugueseRussianSpanishSwedish