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Author Topic: Is stellar coin a new coin?  (Read 20807 times)

Offline Msweet

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Re: Is stellar coin a new coin?
« Reply #15 on: November 15, 2020, 12:51:42 AM »
Stellar makes it possible to create, send, and trade digital representations of all forms of money: dollars, pesos, bitcoin, pretty much anything.

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Re: Is stellar coin a new coin?
« Reply #15 on: November 15, 2020, 12:51:42 AM »

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Re: Is stellar coin a new coin?
« Reply #16 on: February 17, 2021, 02:28:06 PM »
As far as I know this is not a new coin, it is an old coin and the market is not doing well at the moment but I believe in the future this market will give us a big advantage in the market and we can make a lot of money at that time.
the most important thing is we have to be patient, not rush into making decisions

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Re: Is stellar coin a new coin?
« Reply #17 on: February 17, 2021, 11:49:15 PM »
What Is Stellar (XLM)?
Put simply, Stellar is an open network that allows money to be moved and stored. When it was released in July 2014, one of its goals was boosting financial inclusion by reaching the world’s unbanked — but soon afterwards, its priorities shifted to helping financial firms connect with one another through blockchain technology.

The network’s native token, lumens, serves as a bridge that makes it less expensive to trade assets across borders. All of this aims to challenge existing payment providers, who often charge high fees for a similar service.

If all of this sounds familiar, it is worth noting that Stellar was originally based on the Ripple Labs protocol. The blockchain was created as a result of hard fork, and the code was subsequently rewritten.

Who Are the Founders of Stellar?
Jed McCaleb founded Stellar with the lawyer Joyce Kim after leaving Ripple in 2013 over disagreements about the company’s future direction.

In explaining the rationale behind Stellar in September 2020, McCaleb told CoinMarketCap: “The whole original design of Stellar is that you can have fiat currencies and other kinds of forms of value run in parallel with each other and with crypto assets. This is super important to drive this stuff mainstream.”

McCaleb’s goal is to ensure that Stellar can give people a way of moving their fiat into crypto — and eliminate the friction that people normally experience when they are sending money around the world.

He currently serves as the CTO of Stellar, as well as the co-founder of the Stellar Development Foundation. This not-for-profit organization aims to “unlock the world’s economic potential by making money more fluid, markets more open, and people more empowered.”
https://coinmarketcap.com/tr/currencies/stellar/


stellar is not a new coin. It has been traded in the market for a long time and its founders are among the oldest and most experienced names in this market. For more information about stellar, you can use this address: https://www.lumenauts.com/guides
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