Crypto Cheat Sheets: Stellar (XLM)
Check out the latest addition to Spotlight Growth, Crypto Cheat Sheets. Our goal is to create a quick cheat sheet for all cryptocurrencies, which can help traders and hodlers gain valuable information all on the same page. Check out the full post at: http://spotlightgrowth.com/index.php/2017/12/30/crypto-cheat-sheets-stellar-xlm/
Overview: Stellar (XLM) is a decentralized cryptocurrency that utilizes a hybrid and open-source blockchain network. The Stellar Network’s objective is to create an open global financial network, which everyone has equal access and participation abilities. This seeks to level the playing field between individuals, banks, networks, and more. The cryptocurrency seeks to be a low-cost payment option for the underbanked and people living in poverty. “The nonprofit Stellar.org expands access to low-cost financial services to fight poverty and maximize individual potential.”
Total Supply: 103.55 Billion XLM
Mineable: No
Website(s):
Whitepaper:
https://www.stellar.org/papers/stellar-consensus-protocol.pdf
Video:
Disclosure: Spotlight Growth’s Crypto Cheat Sheets are not meant to be an endorsement or recommendation to invest or trade in the respective cryptocurrency mentioned above. They are meant strictly for information and entertainment purposes only. Please consider the risks and extremely speculative nature of cryptocurrencies before investing, which may not be suitable for all individuals. Spotlight Growth has no personal or business connections to any of the cryptocurrencies or their respective companies. However, the owner may have positions within one or more of the crypto coins mentioned for purposes of speculation or investment. For those that are active within crypto space, Spotlight Growth would like to remind you to exercise financial responsibility. PSA: These are very interesting and exciting times, but it is not recommended to take out additional mortgage, loan, liquidate 401K, utilize credit cards, etc. in order to participate within these markets. Please view SEC website for more details to consider: https://www.sec.gov/news/public-statement/statement-clayton-2017-12-11
Great informative article! When do you think is a good time to invest in $XLM?
Hard to say, but this latest pullback over the last several days seems like a decent entry in my opinion.
Im all about cheat sheets! Love the post, keep it up! @muscleroast.com
Thank you @muscleroast.com I appreciate the support!
Thanks for the great post about Stellar Lumens. Some people are pegging it as a more decentralise Ripple! I think that it is an interesting coin, and I really like their equal access ethos.
Thank you for the support, I agree I think Stellar definitely has a lot of potential. Ripple has a good concept, but the banking relationships may have hindered its potential and trust within crypto community.
Agreed there, but unfortunately it will grow either way because of the amount of money that banks have and the support they give it. Either way, it's still good publicity for other cryptos. 2018 is a great year for cryptos!