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Stellar News

Stellar is a blockchain-based payments network that aims to provide a global, efficient system for digital asset issuance and exchange for individuals and institutions. Its native cryptocurrency is Stellar Lumens (XLM), which is used to pay transaction fees on the network to combat spam and also functions as the bridge currency that provides liquidity to any asset issued on the network by trusted entities called “anchors.”

Originally a fork of the Ripple protocol, Stellar was founded by Jed McCaleb and Joyce Kim in 2014 following internal conflicts in Ripple’s management. The Stellar Development Foundation, initially aided and funded by Stripe CEO Patrick Collison, is dedicated to building and promoting the Stellar network as a more accessible, low-cost system of financial services.

A notable design difference from other blockchains is the Stellar Consensus Protocol, which was introduced in 2015. This system foregoes proof-of-work consensus for a federated system that uses mutual trust among groups of peers, or “quorums,” and scales this trust across the network to achieve consensus.

Top News

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Most top performers of the past week have bounced sharply from their lows, which is a positive sign as it indicates buying at lower levels.

Top 5 Cryptos This Week (Mar 15): LEO, XLM, ETC, XRP, HT

Rakesh Upadhyay

2020-03-15T16:10:00+00:00

6335

Ripple co-founder Jed McCaleb has sold more than a billion XRP so far and has another 4.7 billion left to sell, according to a new analysis.

Ripple Co-founder Jed McCaleb Sold a Billion XRP and Has 4.7B Left

2020-02-07T08:06:00+00:00

24718

A frenetic 24 hours has seen many major altcoins put in at least 10% growth, while Bitcoin holds ground above $9,500.

NEM (XEM) Gains 25% as Altcoins Follow Bitcoin’s 30% January Surge

2020-02-06T09:17:00+00:00

3971

Most major cryptocurrencies have risen sharply from their recent lows which shows that bulls are building positions on every dip.

Price Analysis Jan 27: BTC, ETH, XRP, BCH, BSV, LTC, EOS, BNB, ETC, XLM

Rakesh Upadhyay

2020-01-27T18:59:00+00:00

9767

The bulls have held the immediate support level on most major cryptocurrencies, which is a positive sign. This suggests that the sentiment is to buy the dips.

Price Analysis Jan 24: BTC, ETH, XRP, BCH, BSV, LTC, EOS, BNB, XLM, ADA

Rakesh Upadhyay

2020-01-24T17:39:00+00:00

9254

Traders are taking a break after the most recent volatility which suggests that most major cryptocurrencies will remain range-bound for the next few days.

Price Analysis Jan 22: BTC, ETH, XRP, BCH, BSV, LTC, EOS, BNB, XLM, ADA

Rakesh Upadhyay

2020-01-22T18:47:00+00:00

11100

The correction in most major cryptocurrencies is shallow, which suggests that the up move is likely to continue within the next few days.

Price Analysis Jan 20: BTC, ETH, XRP, BCH, BSV, LTC, EOS, BNB, XLM, ADA

Rakesh Upadhyay

2020-01-20T21:00:00+00:00

12134

Thai Stellar-based blockchain startup Lightnet raised $31.2 million in a Series A funding round led by major financial conglomerates in South East Asia.

Thai Stellar-Based Startup Lightnet Raises $31M to Replace SWIFT

2020-01-10T20:55:00+00:00

9830