What you NEED to know right now about Stellar $XLM

What you NEED to know right now about Stellar $XLM

#Stellar #XLM #Cryptocurrency #Blockchain

In today’s video, we look at what Stellar XLM is and what makes it stand apart from the other cryptocurrencies out there. Watch this video to find out the pros and cons of Stellar XLM and in preparation for our ‘Top 7 Reasons, Stellar XLM will Succeed’ video which is coming out tomorrow night.

When we focus on the top cryptos in the market we often throw the term out there that crypto is going to the moon. One of those crypto’s though literally has a rocket to the moon as a logo. Of course, I am talking about Stellar and their XLM Lunar coin. XLM is currently sitting at number 8 on coinmarket cap and with the rest of the market, we are starting to see renewed excitement in the space for this and other projects.

Stellar XLM is the work of a non-profit organization called the Stellar Development Fund, the SDF was formed in 2014 when Jed McCaleb one of Ripples founders teamed up with Joyce Kim to create a cryptocurrency project with a more altruistic goal.

Stellars mission was to create a financial platform. A system where even the lowest income individuals of the world would be able to access low-fee, secure and easy to use financial services.

To find out the pros and cons of the project lets take a look……

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Founder
https://www.linkedin.com/in/jed-mccaleb-4052a4/
https://www.bitdegree.org/tutorials/stellar-lumens/#If_Stellar_isn8217t_a_Ripple_fork_what_is_it

Mission
https://www.stellar.org/about/mandate/

Partnerships
https://cryptobriefing.com/5-stellar-partnerships-that-explain-xlm-escape-velocity/
https://www.bloomberg.com/news/articles/2018-07-05/ibm-lands-740-million-deal-to-supply-data-security-to-australia

Inflation
https://medium.com/diviproject/inflation-and-divis-economic-model-why-inflation-can-be-good-64b7ee2b3626
https://blockonomi.com/bitcoin-deflation/

How Stellar’s DEX works:
https://youtu.be/2L8-lrmzeWk

Stellar Consensus Protocol
https://developers.ripple.com/technical-faq.html
https://www.stellar.org/how-it-works/stellar-basics/explainers/#Consensus
https://hackernoon.com/a-simple-guide-to-understanding-the-stellar-blockchain-network-3609d728e9a7

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