

Rank: # 18
Market Cap: $ 9,441,089,527
Volume (24hrs): $ 614,517,027
Circulating Supply: 31,034,314,904 XLM
Price in BTC: Ƀ 0.00000259
Change (1 Hr): -0.97%
Change (7 Days): 26.29%
Change (30 Days): 7.89%
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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- Bitcoin supply is shrinking: Will Saylor’s relentless BTC buying cause a supply shock?Cointelegraph.com News - 29 minutes agoAs Michael Saylor’s Strategy and other whales keep buying Bitcoin, the stage may be set for a historic supply shock. With less BTC in circulation,…
- Bitcoin, Ether ETFs clock second-biggest day of inflows on recordCointelegraph.com News - 36 minutes agoBlackRock’s Bitcoin and Ether funds were the biggest beneficiaries of Thursday’s net inflows. Bitcoin and Ether investors piled into their respective crypto-themed funds on Thursday,…
- Tasmanian police find top 15 crypto ATM users are scam victimsCointelegraph.com News - 1 hour agoTasmanian police said they found victims were being directed to crypto ATMs by scammers after regular financial institutions flagged the transactions. The Australian island state…
- LIBRA token creator fights class suit, citing lack of jurisdictionCointelegraph.com News - 1 hour agoHayden Davis wants a New York lawsuit against him dismissed, arguing the LIBRA token was offered worldwide and didn’t specifically target the state or its…
- OpenAI faces IRS complaint over alleged tax violationsCointelegraph.com News - 1 hour agoThe Midas Project has filed a complaint with the IRS against OpenAI, alleging that CEO Sam Altman’s dual roles create conflicts violating nonprofit tax rules.…
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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