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Showing posts with the label lumens

What is Stellar Lumens?

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The disruptive nature of cryptocurrency is self-evident, offering the world an excellent alternative to the already existing financial model that has controlled the ownership, storage, and the transfer of value for ages. While many may see cryptocurrency as a virtual currency of destruction that has come to destroy the existing financial structure, others see it as a great opportunity that makes life easier when used as a medium of exchange of goods and services. Unlike most cryptos, Stellar is entirely complaint with regulators and although Stellar was initially against banks, its partnership with IBM last year changed Stellar"s fate. What is Stellar? Stellar is a nonprofit organization payment network that aims to make the ... Read more about " What is Stellar Lumens? " on coinatory.com

Stellar plans to buy Chain for $500 million

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Stellar, the creator of the digital currency Lumens, wants to purchase blockchain platform  Chain for $ 500 million, with payment being made in Lumens tokens (XLM). It is worth mentioning that at the moment Lumens occupy the 7th place among electronic currencies. Stellar employees do not disclose the deadline for completion of the transaction and do not comment on plans for the future development of the platform. The decision of the Stellar executives is due to their interest in the Chain team of specialists, not the company"s technology. ... Read more about " Stellar plans to buy Chain for $500 million " on coinatory.com

What is Stellar Lumens?

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The disruptive nature of cryptocurrency is self-evident, offering the world an excellent alternative to the already existing financial model that has controlled the ownership, storage, and the transfer of value for ages. While many may see cryptocurrency as a virtual currency of destruction that has come to destroy the existing financial structure, others see it as a great opportunity that makes life easier when used as a medium of exchange of goods and services. Unlike most cryptos, Stellar is entirely complaint with regulators and ... Read more about " What is Stellar Lumens? " on coinatory.com