Stellar Price today
Stellar, also known as XLM, has a price today of 0,06$ and a market capitalization of 1.150.785.152$, which is 0,41% of the total. Stellar has a total of 19.749.187.584 coins in circulation.
In the last 24 hours, the price of Stellar has decreased -0,0001$, which is -0,17% of its valuation.
What is Stellar?
Stellar is the creation of a disagreement. Ripple's co-founder, Jed McCaleb is the founder of this cryptocurrency. He had a disagreement about a certain protocol of the Ripple and created Stellar, these two are more or less the same, but their uses are different. Ripple is used for providing any solution to banking systems while Stellar, on the other hand, provides its services to the people.
The cryptocurrency of Stellar network is known as Stellar Lumens. Initially, the network started with a 100 billion Stellar coins. During a transaction, a small amount of Lumens or XML is deducted from the account and with every year the network adds only 1% of this cryptocurrency on the market.
It’s effectively faster than most cryptocurrency and only takes about six seconds for any transactions. That’s a really fast transaction rate!
The best part about this cryptocurrency is that it has a huge number of Anchor backups. These backups provide the credit for every individual on the Stellar network.
It makes transactions all over the world really cheap than the traditional methods. Stellar Lumens are really cheap making it available for any user. The cheap price makes this cryptocurrency one of the best digital cash now.
- Ultra-fast transaction process. Only takes about six seconds to send any amount of fund on the network.
- Extremely secured process, no fraud transactions.
- Tracks every transaction to avoid any possible funding errors.
- No third party interventions.
- Permits customizable ICO’s.
- Cheaper than most cryptocurrencies.
Stellar blockchain technology is a bit different than other blockchain technologies like Ethereum and Bitcoin. Using a different algorithm named FBA (Federated Byzantine Agreement) this network makes the transaction process faster than ever.
Every node has its own trusting node sets and when all nodes in that set approve a transaction and it begins it.Visit website open_in_new
|Price in BTC||0.00000561 BTC|
|Current Supply||19.749.187.584 XLM|
|Total Supply||2.147.483.648 XLM|
|24h Volume (coin)||11.685.409 XLM|
|24h Volume (currency)||$682.146|
|Last updated||2019-09-12 21:45:04 +01:00 BST|
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