Stellar Lumens (XLM)

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Name Price Supply Volume Market Cap
19,636,136,315.34 XLM


Proof of Stake and Proof of Work


XLM seeks to improve the flow of money between financial institutions, countries and financial systems. Thereby democratising the fabric of money flow in favour of the masses as opposed to the slow, flawed and centralised closed banking environment
Stellar started as a decentralized transaction hub for everyday businesses and the general public. Throughout the years they’ve kept up with the times, offering services as an ICO platform and looking to start a decentralized exchange in 2018.

Ripple (XRP), Byteball Bytes (GBYTE), ReddCoin (RDD)



Whitepaper Summary
The white paper was highly professional with a clear picture of their vision and goals. The Stellar team gave an in-depth description of their technology and the specifics of the algorithm. It is so detailed that it takes a person with extensive knowledge of block chain technologies to keep up.
Problem Solved

The masses need a financial infrastructure that supports the kind of organic growth and innovation we’ve seen from the internet, yet still ensures the integrity of financial transactions. Historically, we have relied on high barriers to entry to ensure integrity. We trust established financial institutions and do our best to regulate them. This exclusivity conflicts with the goal of organic growth. Growth demands new, innovative participants, who may possess only modest financial and computing resources.

XLM strives to solve these issues by decentralising money and transactional flow by becoming a transactional hub accessible to all.

Send money across borders quickly, for a fraction of a cent. Facilitate low-cost payments between different currencies

Increase efficiency and decrease the cost of smaller transfers. Offer incremental payment options to your customers.

Mobile Branches
Get an agency banking advantage with mobile branches. Expand your retail operation, without the overhead costs.

Mobile Money
Make mobile money platforms interoperable. Let your customers send MM to recipients with different providers.

Services for the under-banked
Stellar cuts costs so you can bank new customers. Reach the base of the pyramid with low-cost accounts, loans, and micro savings.

Competitive Edge
Stellars closest competitor would be Ripple. The main differences are Stellar’s goals of decentralisation and their plan for a fair distribution of their tokens, “lumens”.
Development Roadmap

2018 Roadmap has two main goals:

Goal #1: SDEX – the Stellar Decentralised Exchange
To build a front-end for Stellar’s inherent decentralized exchange. SDEX is the working name for the project, and internal prototypes are under way.

SDEX will be the world-class front-end for Stellar underlying technology. It will enable on-chain, protocol-level trades for any Stellar token, and will create liquidity to minimise spreads and maximise choice of assets.

In 2018, Stellar is bringing a wider variety of financial instruments on to the network. SDEX will be the exchange of first resort for all Stellar tokens, and they foresee a future where, carbon credits, oil futures, and the latest digital asset are all traded together—cheaply and quickly.

Goal #2: Lightning Network on Stellar
The market demand for more private channel transactions on Stellar, will see integration of Lightning in 2018.
Lightning will have a huge positive effect on Stellar’s long-term scalability and security.
They also intend to extend Stellar Core with a Bump Sequence operation

Secondary Tech Objectives
Hardening: to ensure the network remains resilient and secure. They will reduce the attack surface at the protocol layer by adding invariant support (with checks performed constantly by the validator). Those checks will reduce the impact of bugs on the ledger state.

Decentralisation: They want to make it easier to run a full validator. In order for the network to be as decentralized as possible, the overhead of running nodes should be minimal. By making nodes more reliable and self sufficient, node operators can spend time doing other things. They’ll also be making improvements to how we monitor the network’s health, and the way nodes exchange data, by revisiting some characteristics of the peer-to-peer code.


XLM is a fork of Ripple and did not have an ICO
Stellar has a total supply of just under 104 billion coins, out of which 95% of them were created in the Genesis Block. That 95% will be given away by the stellar networks to the world. designed their give-away program to ensure that the lumens were given away to a diverse group. 50% went to individuals who wanted lumens, 25% went to non-profits with undeserved populations, and 20% were distributed to bitcoin holders.
The Stellar network launched in 2014 as a fork of the Ripple project backed by a $3,000,000 loan from Stripe, which was subsequently repaid with 2% of the initial 100 billion Stellar Lumen release.


Creators / Founders

Jed McCaleb
Stellar Developer
Jed McCaleb is a co-founder of Stellar Development Foundation. Previously, he created eDonkey2000 which became one of the largest file-sharing networks in its time. He later created Mt. Gox, the first bitcoin exchange, which was subsequently sold and re-coded by its current owners, followed by Ripple.

Joyce Kim
Stellar Co-founder
Joyce was a VC at Freestyle Capital and an entrepreneur. Prior to that, she was an attorney at Wilmer Hale and Sherman & Sterling and pro bono at Sanctuary for Families and the Innocence Project. Joyce graduated from Cornell University at the age of 19, followed by graduate school at Harvard and Columbia Law School. She is also a Director’s Fellow at the MIT Media Lab.

Core Development Team

Bartek Nowotarski
Bartek Nowotarski is a software engineer focusing on web applications security. He has a masters in computer science from Jagiellonian University. Before joining Stellar, Bartek worked as a lead developer and security consultant, and he has found vulnerabilities in high-profile sites such as Facebook and Yahoo.

David Mazières
Chief Scientist
David Mazières is a professor of Computer Science at Stanford University, where he leads the Secure Computer Systems Group. Prof. Mazières received a BS in Computer Science from Harvard and Ph.D. in Electrical Engineering and Computer Science from MIT. His research interests include Operating Systems and Distributed Systems, with a focus on security.

Łukasz Lachowski
Lukas is a passionate software developer with a crush on theoretical computer science. He likes to connect these two fields in a way that everyone can benefit. At Stellar, he is responsible for developing the core part of the system. In his free time he likes to spend time doing sports, preferably mountain kayaking.

Nicolas Barry
Nicolas is excited by turning potential technology into something practical that benefits most. He likes to tinker with software and tackle hard distributed problems. He previously helped build large scale systems at Microsoft and Salesforce. Nicolas holds a MS in Computer Science and Mathematics from ENSEEIHT in Toulouse, France.

Rafał Malinowski
Rafał is a software developer with great passion for C++.
In free time he works on two open source projects – Kadu and Injeqt. When the weather is right he likes to ride a bike and fly a glider.

Scott Fleckenstein
Scott has been writing code professionally since graduating from high school. Prior to Stellar, he worked as Lead Developer at Couchsurfing, Lead Engineer and Chief Architect at OpenFeint (acquired by GREE) and was Lead Engineer and on the founding team for Get Satisfaction.

Notable Advisors

Patrick Collison
CEO of Stripe
Patrick is Co-founder and CEO of Stripe. He also serves on Y Combinator’s board of overseers and studied math at MIT. He likes distributed infrastructure and bought his first bitcoin in 2011.

Greg Stein
Director at the Apache Software Foundation
Greg is an avid open-software advocate, developer, and lecturer. Member of the Python Software Foundation and a founding member of the Subversion Project. Greg was instrumental in launching Google’s open-source hosting platform.

Matt Mullenweg
Founder of
Matt is the founder and CEO of Automattic, the company behind He is also a social media entrepreneur, developer, lecturer and musician. Matt is a very active angel investor, named on Forbes’ Most Influential Angel Investors on AngelList.

Naval Ravikant
Founder of AngelList
Naval is the CEO and a co-founder of AngelList. He previously co-founded Epinions (which went public as part of and He is an active Angel investor, including Twitter, Uber, Yammer, Stack Overflow and Wanelo.

Ronaldo Lemos
Director, Institute for Tecnhology & Society of Rio de Janeiro (
Ronaldo is a board member to the Mozilla Foundation and AccessNow. Ronaldo received an LL.M. from Harvard Law School and a Doctorate of Law from University of Sao Paulo. He is a partner at Pereira Neto Macedo and the project lead of the Creative Commons Brazil. Ronaldo was one of the creators behind Marco Civil da Internet, landmark legislation guaranteeing civil liberties and rights for the netizens of Brazil.

Sam Altman
President of Y Combinator
Sam is an entrepreneur, venture capitalist, developer, and blogger. He is president of Y Combinator and former CEO and Co-Founder of Loopt, which was acquired by Greendot Corporation. He was named one of the “Best Young Entrepreneurs in Technology” by BusinessWeek.

Dan Kaminsky
Chief Scientist at White Ops
A technical advisor to Stellar, Dan is a security researcher. The Chief Scientist at White Ops, he has worked with Cisco, Avaya, and IOActive as Director of Penetration Testing. Reknown in computer security circles, Dan has discovered a myriad of exploits across different platforms.

Bhagwan Chowdhry
Professor at UCLA Anderson
Professor of Finance Bhagwan Chowdhry has been teaching at UCLA Anderson since 1988. His research interests are in international finance and corporate finance and strategy. In addition, more recently, he has been exploring applied topics such as micro-finance, financial technology and impact investing. He is the creator of Financial Access at Birth (FAB), a frequent contributor to the Huffington Post and a globally renowned educator. Professor Chowdhry has been advising Stellar since 2015.

Notable Investors

Trade Crypto Live Sentiment

Stellar is a centralised project no matter what it claims to be. Founded in 2014 with a very talented team behind it. It has managed to stay relevant in the ever-changing crypto space. It’s founder, Jed, has a history of being involved in some very brilliant, and some very controversial / negative, areas of crypto. He has made enough money in the field that he has no reason to continue with the project other than the fact that he is passionate about and believes in it. XLM has made some amazing strides over the last few years. Between partnerships, advancements, and additions of some awesome talent to the team, Stellar is set to become a powerhouse in the area of payment coins. They are working to be an affordable payment method that will hopefully help bridge the crypto world to mainstream payment methods used by the average consumer.
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