What is Stellar?
Stellar Lumens (XLM) is an open-source decentralized network. The Stellar Lumens (XLM) project aims to become a platform that connects banks, payment systems and people in order to move money faster, more reliably and cheaper. Stellar is a non-profit organization and was initially based on the Ripple protocol.
In 2014, Stellar was started by one of the founders of Ripple. This is Jed McCaleb. This again explains the agreement with Ripple. McCaleb is a name that is well known. He is next to a founder of Ripple also the founder of the first Bitcoin trading platform Mt.Gox. By publishing a white paper and putting its own blockchain online in 2015, Stellar became a stand-alone network. The headquarters of Stellar is located in America. The maximum XLM supply is 104 billion. The Stellar Development Foundation has control over the XLM. Of this 104 billion XLM it is intended that 95 billion XLM be distributed to the public. The remaining 5 billion is intended to cover operating costs. The Stellar Lumens distribution is as follows: 50 billion XLM distribution through the Direct Sign-up Program (50%) 25 billion XLM distribution through the Partnership Program (25%) 20 billion XLM distribution through the Bitcoin Program (20%) 5 billion XLM coverage of operating costs (5%) Are you interested in buying or selling Stellar (XLM)? Within minutes you have created a Stellar wallet at Coinmerce. At Coinmerce you are able to trade cryptocurrencies quick, safe and reliable through iDeal, Sofort and SEPA. Everybody can trade and invest in cryptocurrencies at Coinmerce, would you like to know more about Stellar Feel free to contact our support team with your questions, 24/7. At Coinmerce you are able to buy, sell and withdrawal Stellar (XLM). Would you like to trade and invest in other cryptocurrencies in addition to Stellar to expand your portfolio? Besides Stellar (XLM) Coinmerce also offers cryptocurrencies such as Tron (TRX), Ambrosus (AMB) and Airswap (AST).Read more
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