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Stellar current price is $0.2976.

Stellar current price is $0.2976 with a marketcap of $6.58 B. Its price is 5.66% up in last 24 hours.


Buy / Sell Stellar
  • stellar
    Stellar (XLM)
  • Live Price
    $0.2976
  • 24h %
    5.66%
  • Market Cap
    $6.58 B
  • Volume
    $1.65 B
  • Available Supply
    22.10 B XLM
  • Rank
    10

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★ More Info About Stellar

The Stellar network is an open source, distributed, and community owned network used to facilitate cross-asset transfers of value. Stellar aims to help facilitate cross-asset transfer of value at a fraction of a penny while aiming to be an open financial system that gives people of all income levels access to low-cost financial services. Stellar can handle exchanges between fiat-based currencies and between cryptocurrencies. Stellar.org, the organization that supports Stellar, is centralized like XRP and meant to handle cross platform transactions and micro transactions like XRP. However, unlike Ripple, Stellar.org is non-profit and their platform itself is open source and decentralized. Stellar was founded by Jed McCaleb in 2014. Jed McCaleb is also the founder of Mt. Gox and co-founder of Ripple, launched the network system Stellar with former lawyer Joyce Kim. Stellar is also a payment technology that aims to connect financial institutions and drastically reduce the cost and time required for cross-border transfers. In fact, both payment networks used the same protocol initially. Distributed Exchange Through the use of its intermediary currency Lumens (XLM), a user can send any currency that they own to anyone else in a different currency. For instance, if Joe wanted to send USD to Mary using her EUR, an offer is submitted to the distributed exchange selling USD for EUR. This submitted offer forms is known as an order book. The network will use the order book to find the best exchange rate for the transaction in-order to minimize the fee paid by a user. This multi-currency transaction is possible because of "Anchors". Anchors are trusted entities that hold people’s deposits and can issue credit. In essence, Anchors serves as the bridge between different currencies and the Stellar network. Lumens (XLM) Lumens are the native asset (digital currency) that exist on the Stellar network that helps to facilitate multi-currency transactions and prevent spams. For multi-currency transactions, XLM is the digital intermediary that allows for such a transaction to occur at a low cost. In-order to prevent DoS attacks (aka spams) that would inevitably occur on the Stellar network, a small fee of 0.00001 XLM is associated with every transaction that occurs on the network. This fee is small enough so it does not significantly affect the cost of transaction, but large enough so it dissuades bad actors from spamming the network. The collected fee is then redistributed and added to an inflation pool. This inflation pool releases Lumens at a rate of 1% each year.

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Stellar Twitter News Feed

Tonight at 8 PM EST, join @tyvdh and I for a workshop for the @hackthene: Beyond hackathon and get all the tools you need to complete the @StellarOrg challenge! Sign up for the workshop here: https://www.airmeet.com/e/6fdaf680-4895-11eb-b11e-53118191416b

We're looking for an experienced, hands-on engineer to design, build, and implement solutions for Stellar ecosystem partners. If you're interested in designing innovative blockchain solutions for software & financial companies around the world, apply now!

https://jobs.lever.co/stellar/0e5a506b-1964-40b4-93ab-31a1ee4e4f90

We're going live now for the first Open Protocol Discussion of 2021. Join us for a technical livestream discussion on the upcoming changes coming to the Stellar protocol.

https://www.youtube.com/watch?v=bs0u5Ia8vu0

The first Open Protocol Discussion of 2021 is tomorrow! Join us for a livestream discussion on the upcoming changes coming to the Stellar protocol.

It's a technical discussion, so if you're attending, check out the relevant CAPs at the event link below:
https://www.stellar.org/events/open-protocol-discussion-1-14-21

You're invited to SDF's Quarterly Review!

Join us on Wednesday, January 20, 2021 at 9:00am PT for a presentation of Stellar Development Foundation’s Q4 and 2020 year in review. 

Register for free:
https://stellar.org/events/stellar-development-foundation-quarterly-review-q4-2020

Explore the Stellar Ecosystem w/@jricetweets! What are they building? Destroy Myth-Understandings of the Network! Plus he answers questions LIVE #XLM @StellarOrg #StellarGlobal https://www.pscp.tv/w/csxsODFEWktvRHZySllZamF8MXpxS1ZYcGxXRW1KQp8gl4z6FKEnW8nUPgVL2ZiSFKI2KFzZkwigvrxtkF1o

The #Stellar Monthly Newsletter for January 2021 is here! Catch up on the latest news, releases, and initiatives from around the Stellar ecosystem.

Read it now:
https://stellar.org/newsletters/january-2021

We're excited to be a part of "Hack the Northeast: Beyond". On January 15, join @tyvdh & @ankegbaas for an introduction to Stellar and the tools you'll need to start competing in this 48-hour #hackathon!

Learn more below:
https://hack-the-northeast-beyond.devpost.com/

#developers

Reminder: There are 12 days left to submit your project to the #Stellar Community Fund: Seed Fund!

Build and submit your project before the deadline and win awards!

https://communityfund.stellar.org/seed-fund#/

#StellarDevelopers

Grateful for the amazing work pulled off by the @StellarOrg team over the holiday break to pull together a thoughtful comment letter to the NPRM, that you can read here:
https://stellar.org/blog/sdfs-comment-letter-on-fincen-nprm

Yesterday, SDF submitted a comment letter in response to FinCEN’s proposed digital asset transaction rule. @denelledixon shared the full letter and an overview of our concerns with the rule and the process here:

https://stellar.org/blog/sdfs-comment-letter-on-fincen-nprm

Did you miss #Meridian2020? Looking to catch up on all the amazing sessions and workshops from the event? Here's some good news:

All the #Stellar #Meridian2020 sessions are now available on-demand, for free at https://meridian.stellar.org/#sessions

#blockchain

Did you miss #Meridian2020? Looking to catch up on all the amazing sessions and workshops from the event? Here's some good news:

All the #Stellar #Meridian2020 sessions are now available on-demand, for free at https://meridian.stellar.org/#sessions

#blockchain

Encouraged to see this embrace of innovation by US regulators @USOCC and their focus on customers who will benefit from the “speed, efficiency, interoperability, and low cost” of blockchain technology. https://www.occ.gov/news-issuances/news-releases/2021/nr-occ-2021-2.html

This week's @StellarOrg updates:

The Story of 2020, Stellar Quest Season 2 is underway, and how @SatoshiPay leverages Stellar's DEX.

https://medium.com/stellar-community/stellar-dev-digest-issue-73-a9f06f0c1a24

We’re honored to partner with the innovators at the Ukrainian Ministry of Digital Transformation to help develop their strategy for virtual assets and facilitate development of a national digital currency. Exciting work ahead.

https://stellar.org/press-releases/ukrainian-ministry-of-digital-transformation-to-develop-virtual-assets-and-to-facilitate-cbdc-infrastructure-with-the-stellar-development-foundation

So begins the final week of @StellarQuest Series 2. Learn Stellar, earn prizes! Challenge 7 begins in just a few minutes.

Get started here:
https://quest.stellar.org

In a year unlike any other, we've seen tremendous growth for our network & ecosystem. I am proud of what we've accomplished in 2020 - expanding global anchor services, getting more vocal on policy, seeing growth across-the-board on network stats, & more.
https://stellar.org/blog/the-story-of-2020-lighting-up-the-stellar-map

LIVE with @tyvdh of the SDF to discuss Season 2 of @StellarQuest, a really fun way for anyone to learn how to use the #Stellar Consensus Protocol in innovative challenges! @StellarOrg #XLM #StellarGlobal https://discord.gg/GMxB7HJRcf https://www.pscp.tv/w/crybizFEWktvRHZySllZamF8MU95S0FFbm1qYm5LYm7Vbv9lb9c9kviCYgo4saQI2Ul8tzZnGtklCztN_V9y

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