Altcoins Talks - Cryptocurrency Forum
Cryptocurrency Ecosystem => Other Popular Cryptos / Coins => Stellar Forum => Topic started by: Domithra on March 03, 2018, 02:59:37 AM
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Stellar is a decentralized blockchain-operating value founded by Jed McCaleb. McCaleb was also a co-founder of Ripple, so these two currencies share more than just a couple of similarities.
Stellar is a payment technology that aims at creating an easy way of making transactions between multiple users set on a decentralized ecosystem. With this idea, XLM is even using the same protocols as Ripple. However, the similarities between the two make different ways after 2014 when Stellar launched SCP, which is a protocol that changed the way Stellar works.
Now, Stellar is an open source system, Ripple is dealing with a closed source, which is at the same time the main difference between the two. Moving forward from the story about the differences between Ripple and Stellar which were both developed with the help of McCaleb, Stellar is focused on the idea of enabling fast and cheap global payments for the developing countries as well as for people who don’t own a bank account.
Unlike many other altcoins, XLM is not taking advantage of miners for their need of approving transactions. So, instead of having miners within the network to approve transactions, XLM is using the FBA protocol.
With FBA algorithm, Stellar has enabled fast transactions and prompt transaction approvals. This is the case because this algorithm uses only fragments of the network at the time.
Stellar also uses smart contracts for more thorough legal binding, just like Ethereum, which additionally raises its technological and practical value.
Since Stellar has the required technology to support these demands, it is no surprise that this currency had an amazing rise in its price at the beginning of January 2018. At that time Stellar was dealing at over 1$ per one unit, which was at the same time a value multiplied 15 times in oppose to XLM’s previous price.
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Very excited for the future of Stellar and love that other coins are using them as the platform
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Stellar is a seemingly great coin. I think it will rise a few months from now.
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Stellar is a seemingly great coin. I think it will rise a few months from now.
Thats right because stellar coin has have a big potentail to growth.
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Adoption for this coin has been unbelievably slow, hopefully they will find some more use cases for this coin so that it can separate from the pack.
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We hoping to seeing Stella at the top. Thats great.
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Wow...thanks for the detailed information about stellar coin.I believe it's a great coin already and it's gain popularity and rise very soon.it will be great to invest in this coin. It has a great future.
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stellar will probably take a while to get back to its all time high after following that insane Ripple runup, but its good that its found its footing and hopefully bottom here. I'' be holding my bag atleast til the end of the year to see what it can swell to... Stellar Lumens swoll so ridiculous last year...but I don't think we're done yet.
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And one advantage of stellar (XLM) is its near zero cost of transactions.Stellar partnerships with the likes of IBM and the largest bank in India; ICICI has brought back the investor confidence and more are waiting for a chance to invest in.
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Stellar is a decentralized blockchain-operating value founded by Jed McCaleb. McCaleb was also a co-founder of Ripple, so these two currencies share more than just a couple of similarities.
Stellar is a payment technology that aims at creating an easy way of making transactions between multiple users set on a decentralized ecosystem. With this idea, XLM is even using the same protocols as Ripple. However, the similarities between the two make different ways after 2014 when Stellar launched SCP, which is a protocol that changed the way Stellar works.
Now, Stellar is an open source system, Ripple is dealing with a closed source, which is at the same time the main difference between the two. Moving forward from the story about the differences between Ripple and Stellar which were both developed with the help of McCaleb, Stellar is focused on the idea of enabling fast and cheap global payments for the developing countries as well as for people who don’t own a bank account.
Unlike many other altcoins, XLM is not taking advantage of miners for their need of approving transactions. So, instead of having miners within the network to approve transactions, XLM is using the FBA protocol.
With FBA algorithm, Stellar has enabled fast transactions and prompt transaction approvals. This is the case because this algorithm uses only fragments of the network at the time.
Stellar also uses smart contracts for more thorough legal binding, just like Ethereum, which additionally raises its technological and practical value.
Since Stellar has the required technology to support these demands, it is no surprise that this currency had an amazing rise in its price at the beginning of January 2018. At that time Stellar was dealing at over 1$ per one unit, which was at the same time a value multiplied 15 times in oppose to XLM’s previous price.
Stellar is public infrastructure for money.
Supported by a nonprofit, Stellar brings the world together by increasing interoperability between diverse financial systems and currencies.
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Also, the Stellar network is a distributed blockchain based ledger and database that facilitates cross-asset transfers of value, including payments. The native digital asset of Stellar is called Lumens (XLM).
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Stellar unites the world by increasing interoperability between various financial systems and currencies. Stellar is a public infrastructure for money.
Supported by nonprofits,
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stellar is a decentralized and stellar coin is a very good coin and has a very promising future and potential and prices that will soon soar in the future.
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yes it's true and I think between stellar and xrp has great success, and the coin will continue to grow and be very popular.
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I hope that it will too long to see stellar to increase higher because I still have stellar in my balance and I think I will buy more stellar. I see that this is good news for the stellar fans and they can hope that the price will increase and maybe it will pass ripple ;D
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A good coin that has a lot of potential as time goes on. if you are willing to wait then there is a lot of good things that you could end up having with the coin. It just needs some time to mature. I am not personally invested in the coin but with the way that the coin has grown there is no doubt that this is a coin that is going to end up doing good.
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I started investing in this stellar coin, I think stellar coins have a good future, so I don't want to lose anymore if on the stock exchange the stellar coins go up high.
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I think a research report by fundstrat shows that corporate investors believe stellar is a promising project. G iven below are 33 reasons to be bullish on XLM in 2018.
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Stellar's price is very low, but it can grow a few times at any time. Because it is at the number 5 position in the market. So if you buy it now, then you can make a lot of profit from it in the future.
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stellar is a very good money coin and very promising for future profits, and now is the perfect time to make a purchase and hold it until prices soar.
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these two digital currencies are indeed very good between ripples and stellar, and stellar is also a future coin that will be able to benefit if we hold back until the price rises again.
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My story about Stellar is when learning to trade with 10 USD and buy STELLAR.
After I learned Explorer Bitcoin and Ethereum, then I traded Stellar and got 20% profit. LOL
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Ripple and stellar are best coin. May be it will be lead in crypto currency, Choosen for transaction activities, my be it is not the best to get profit but it is good for keep our asset.