Stellar
StellarRank: # 21
Market Cap: $ 6,972,040,749
Volume (24hrs): $ 153,227,475
Circulating Supply: 35,040,799,879 XLM
Price in BTC: Ƀ 0.00000241
Change (1 Hr): -0.78%
Change (7 Days): -12.49%
Change (30 Days): 5.17%
All Time High: $ 0.875563
All Time High Date: January 2, 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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- Hunter Biden confirms LAPTOP token ‘not a rug pull,’ just trolling TrumpsCointelegraph.com News - 10 hours ago“Trump’s coin was max extraction, and I wanted to troll every grift like it,“ said Hunter Biden in a breakdown of the memecoin launch and…
- Sui tunnels hit 40.6M TPS in live AI agent testCointelegraph.com News - 10 hours agoThe layer-1 blockchain said its programmable offchain tunnels reached the milestone during a live stress test designed to simulate high-frequency activity between AI agents.Sui’s programmable…
- Tether, Kazakhstan cenbank mull tenge stablecoin and asset tokenizationCointelegraph.com News - 12 hours agoThe agreement will explore a tenge-backed stablecoin pilot and a framework for tokenizing real-world assets as Kazakhstan expands its digital asset industry.Tether has signed an…
- House Finance panel chair says regulator actions on crypto ‘fall short’ of CLARITY billCointelegraph.com News - 12 hours agoRepresentative French Hill hopes lawmakers could pass a cryptocurrency market structure bill before the next session of Congress in 2027 as SEC and CFTC actions…
- Coinbase brings global crypto derivatives liquidity to US with Deribit integrationCointelegraph.com News - 13 hours agoUS institutions will gain access to Deribit’s options and perpetual futures through Coinbase, with US retail options expected later this year.Coinbase has completed its integration…
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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