Stellar
StellarRank: # 21
Market Cap: $ 5,266,542,958
Volume (24hrs): $ 79,354,962
Circulating Supply: 32,846,254,211 XLM
Price in BTC: Ƀ 0.00000239
Change (1 Hr): 0.00%
Change (7 Days): 3.28%
Change (30 Days): -24.16%
All Time High: $ 0.875563
All Time High Date: January 3, 2018
Stellar Coverter:
Stellar Coverter:
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- News
| Date | Open | Close | High | Low | Volume |
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| # | Source | Pair | Volume | Price | Change | Updated |
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- Bitcoin options market structure leans toward $60K retest in FebruaryCointelegraph.com News - 4 hours agoBitcoin may stay capped under $70,000 as traders deploy bearish options strategies, and spot BTC ETF outflows point to a retest of the yearly low.Key…
- Kraken’s xStocks tops $25B in volume with more than 80K onchain holdersCointelegraph.com News - 5 hours agoBlockchain-based versions of US stocks are drawing growing investor activity, with onchain wallets and cross-venue trading expanding rapidly.Kraken’s tokenized equities platform, xStocks, has surpassed $25…
- Bitcoin Lightning Network exceeds $1B in monthly volume: ReportCointelegraph.com News - 5 hours agoAnalysis by Bitcoin services company River forecasts a transaction surge as individuals and businesses experiment with AI agentic payments.Monthly transaction volume on the Bitcoin (BTC)…
- Bitcoin’s monthly losses break records, but history says a turnaround is brewingCointelegraph.com News - 5 hours agoBitcoin is on course to lock in another negative month, but one analyst says major differences in the current market structure could be a sign…
- SEC leaders seek to clarify how tokenized securities interact with existing regulationCointelegraph.com News - 5 hours agoPaul Atkins and Hester Peirce spoke at ETHDenver on Wednesday on the future of regulation at the SEC and its response to crypto market volatility.Paul…
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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