

Rank: # 18
Market Cap: $ 9,312,180,872
Volume (24hrs): $ 593,160,463
Circulating Supply: 31,014,320,687 XLM
Price in BTC: Ƀ 0.00000264
Change (1 Hr): -0.42%
Change (7 Days): 23.76%
Change (30 Days): 7.93%
All Time High: $ 0.875563
All Time High Date: January 3, 2018
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# | Source | Pair | Volume | Price | Change | Updated |
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- Why I won't invest in companies that ignore AI — Kevin O'LearyCointelegraph.com News - 36 minutes agoIgnoring the reduced customer acquisition costs made possible by AI places businesses at a significant disadvantage, O’Leary said. Artificial intelligence significantly reduces the cost of…
- Bitcoin price expected to accelerate if daily close above $113K is securedCointelegraph.com News - 39 minutes agoBitcoin’s market structure and the recent rally to new highs suggest an accelerated phase of price discovery has just begun. Key point:Bitcoin’s momentum continues to…
- Roman Storm’s lawyers signal continuance if court allows hacker’s testimonyCointelegraph.com News - 1 hour agoThe Tornado Cash co-founder is scheduled to go to trial on Monday, but his defense attorneys are still waiting on rulings for motions over witnesses…
- Threat actors using 'elaborate social engineering scheme' to target crypto users — ReportCointelegraph.com News - 1 hour agoSocial engineering scams, from the Meeten campaign to fake crypto support scams, have become a troubling occurrence in crypto. Threat actors are using an elaborate…
- Coinbase partners with Perplexity AI for real-time crypto pricesCointelegraph.com News - 1 hour agoCoinbase market data will power the AI “answer engine” in a two-phase rollout, starting with COIN50 index prices. On Thursday, the CEO of Coinbase Global…
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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