Stellar
StellarRank: # 25
Market Cap: $ 7,891,808,290
Volume (24hrs): $ 154,767,101
Circulating Supply: 32,180,556,117 XLM
Price in BTC: Ƀ 0.00000269
Change (1 Hr): -0.86%
Change (7 Days): -16.59%
Change (30 Days): -25.00%
All Time High: $ 0.875563
All Time High Date: January 3, 2018
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| Date | Open | Close | High | Low | Volume |
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| # | Source | Pair | Volume | Price | Change | Updated |
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- Why Kohaku is central to Ethereum’s 2025 privacy shiftCointelegraph.com News - 36 minutes agoKohaku brings practical privacy to Ethereum wallets with safer recovery, private modes and shared standards designed for real-world use. When Vitalik Buterin walked on stage…
- Here’s what happened in crypto todayCointelegraph.com News - 49 minutes agoNeed to know what happened in crypto today? Here is the latest news on daily trends and events impacting Bitcoin price, blockchain, DeFi, NFTs, Web3…
- HSBC to bring tokenized deposits to US and UAE as stablecoin race heats upCointelegraph.com News - 1 hour agoHSBC is the latest megabank to double down on tokenized deposits versus stablecoins by preparing for new launches in the US and the UAE next…
- Ethereum’s Fusaka fork explained for dummies: What the hell is PeerDAS?Cointelegraph.com News - 1 hour agoHow Ethereum’s Fusaka upgrade scales the L1 and the L2s — explained for ordinary crypto fans without the usual baffling technical jargon. After three successful…
- Kenya’s new crypto law faces stress test as Bitcoin ATMs appear in mallsCointelegraph.com News - 2 hours agoKenyan regulators say no crypto firms are licensed under the new VASP Act and warn that providers claiming approval are doing so illegally. Bitcoin ATMs…
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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