
XLM
$0.288589
0.00000800 BTC
Marketcap
$6,401,255,861
Volume (24h)
$1,572,244,476
Circulating Supply
22,095,601,011 XLM
Total Supply
50,000,000,000 XLM
What is Stellar?
Stellar is a public blockchain platform that uses the Stellar consensus protocol (SCP). The node that finds next valid block is chosen by federated byzantine agreement. This makes the blockchain centralized permission based, as opposed to decentralized blockchains like Bitcoin or Ethereum. Stellar is a community driven open source project launched in November 2014 and written on C++. It is maintained and supervised by non-profit organisation Stellar.org. The main purpose of creating this ockchain was to expands access to low-cost financial services. Stellar operates with its own token Lumen, supply of which increases a fixed rate of 1% a year. Main difference from Bitcoin is that it is based on the SCP consensus algorithm rather than mining, which means transactions are being confirmed within 2-7 seconds. Stellar has an SDKs that allows users to connect to the blockchain with external software written in Java, Golang, JavaScript, C#, Ruby, Python, Scala, iOS or any other software using REST API. Each transaction has a cost of 100 Stroops (0.00001 Lumens). Stellar is mainly used by Money transfer companies like Tempo, Eurochange and TransferTo and mobile financial services providers like Coins.ph.
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Historical Price for Stellar
Date | Open | Close | High | Low | Volume |
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Stellar Markets
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- Peak fear? Bitcoin futures leverage gets reset by this week's wild price swingsCointelegraph.com News – 10 hours agoBitcoin futures leverage is dropping steeply, indicating that traders are fearful or uncertain about the BTC price trend. The leverage used in the Bitcoin (BTC)…
- Bitcoin has become nothing but the new Che Guevara T-shirtCointelegraph.com News – 13 hours agoBitcoin promised to create a new normal in finance, but it turned out to be nothing but the old normal with a new face. The…
- China turns up pace on CBDC release, tests infrastructure prior to adoptionCointelegraph.com News – 16 hours agoThe yuan is not seen as a major currency. Could digitizing it change that? China is breaking new ground in the Shenzhen region and beyond.…
- Bitcoin bulls buy BTC’s $35K support retest as altcoins push higherCointelegraph.com News – 1 day agoBitcoin’s lower support retest was bought up by bulls, preparing BTC for another push to $40,000. Calls for Bitcoin (BTC) to rally above $40,000 were…
- GBTC has a new a competitor in the OTC Bitcoin trust marketCointelegraph.com News – 1 day agoAnother way to buy Bitcoin in stock form has surfaced. A firm called Osprey Funds is offering an over-the-counter, or OTC, Bitcoin (BTC) trust under…