Is NOW A Good Time to BUY Lumens? What is the Stellar Network? XLM

In this video we will explore if now Is A Good Time to BUY #Stellar #Lumens? We will also discuss What is the Stellar #Network? And how does their native currency Lumens or #XLM work within the Stellar #Consensus #Protocol.
If you want to make money investing in #crypto, or just in general, the most important thing you can do is act quickly when presented with the right opportunity.

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As #XRP continues to feel the #Ripple effects of going toe to toe with the #SEC.
The price of XRP remains extremely volatile as uncertainty about the future of Ripple Labs sets in.
However, one persons pain is another persons pleasure. And Sometimes making money investing is about more than just looking at charts. You have to strike when others are weakened.
In this video we’ll take a close look at Stellar, and their native currency Lumens or XLM.
Stellar started as a Hard Fork from Ripple, so we’ll look at the similarities and the differences between the protocols. We’ll also talk about what could be in-store for the price of Stellar Lumens.
In this video we’ll take a deep dive into the Stellar Consensus Protocol and their proprietary consensus algorithm which is called Federated Byzantine Agreement. Now the White Paper for the Stellar Consensus Protocol is 32 Pages and it is a pretty intense read. I’m gonna do my best to simplify the main concepts so it’s more digestible. So Let’s Get Started.
At a high level, Stellar is an open-source and decentralized financial platform that uses a native currency known as XLM. It’s used to execute fast, secure, cross-border payments. Both Stellar and Ripple offer a replacement service for SWIFT, which is essentially the system used by banks for international bank wires.
Stellar began in 2014 when it forked from Ripple. Jed McCaleb (Ripple Co-Founder), decided to leave company and start the new competitor known as Stellar.
The major difference between Stellar and Ripple is, Ripple is focused on providing financial solutions to banks and other financial institutions. Stellar does that, but also wants to establish a system that provides an easy platform for people to transfer value to one another
At first, Stellar used the Ripple Consensus Protocol. However, A hard fork in the Stellar network gave the team an opportunity to come up with a proprietary consensus protocol, which is known as the Stellar Consensus Protocol (SCP).
The Stellar Consensus protocol was developed by, Chief Scientist and Stanford Professor, David Mazières. In 2015, Professor Dave also gave use a new alternative to Proof of Work and other Byzantine Fault Tolerant Protocols by introducing Federated Byzantine Agreement or FBA.
And FBA has a really unique way of establishing trust in a trustless environment.
Anyone can be a validator on the network. And Each validator on the network is responsible to establish what other validators they trust. When you trust another validator they are added to your approved list, which is called your Quorum Slice.
The quorum slices of all validators on the network begin to overlap with one another as there is mutual trust between slices on the network, and this creates what is known as a Quorum. In FBA, a quorum is effectively a network-wide consensus on a transaction.
The fact that membership is completely open to be a validator for the Stellar Network ensures that the system remains decentralized.
Now let’s take a look at what Stellar Lumens is used for, and I’ll let you why now might be a great time to add some XLM to your portfolio.

Is NOW A Good Time to BUY Lumens? What is the Stellar Network? XLM

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Kane Dane