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What is xlm xml stellar lumen trading platform official websit
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Date:2024-04-29 18:33:39 Channel:Wallet Read:
In the field of digital currency, XLM (Stellar Lumens), as a cryptocurrency, represents the future development direction of the XML Stellar Lumens trading platform. The rise of XLM not only benefits from its technological innovation, but also shows unique advantages in the market. Let us delve into the background, characteristics and market prospects of XLM.As the representative of the XML Stellar Lumens trading platform, XLM’s basic technology and development history are crucial. The official website of the XML Stellar Trading Platform details XLM’s blockchain technology and its applications in the financial field. As a decentralized digital currency, XLM adopts a unique consensus algorithm, making transactions faster and handling fees lower. This innovative technology provides a solid foundation for XLM to stand out in the highly competitive cryptocurrency market.In the market introduction, the XML Stellar Lumens trading platform highlighted the advantages of XLM in the field of cross-border payments. With the continuous development of global economic integration, traditional cross-border payments have problems such as high fees and slow speed. As a digital currency, XLM can provide a more convenient and efficient solution for cross-border payments through its fast transaction confirmation time and low handling fees. This advantage has led more and more financial institutions and enterprises to consider introducing XLM into their payment networks, thus promoting the expansion of its market application.In addition, XLM also shows great potential in the field of decentralized finance (DeFi). As blockchain technology continues to mature, DeFi is gradually becoming a new hot spot in the financial field. As a digital currency, XLM can realize various financial services through smart contract and other technologies, such as lending, trading and liquidity mining. This brings more possibilities to XLM’s market prospects, attracting more and more investors and users to join it.In today's fierce market competition, the key to XLM's ability to stand out lies in its continuous innovation and open attitude. The XML Stellar Lumens trading platform provides solid technical support and market promotion for the development of XLM, making it highly visible in the digital currency field. In the future, with the continuous advancement of blockchain technology and the growing market demand, XLM will surely usher in a broader development space and become an important participant in the digital economy era.In general, XLM, as a representative of the XML Stellar Lumens trading platform, will continue to shine in the field of digital currency with its technological innovation, market advantages and open attitude. We look forward to seeing XLM make greater contributions to the prosperity of the digital economy in the future development and become a leader in leading the development of the industry. Let us look forward to the future of XLM together and witness the infinite possibilities in the field of digital currency.The four most famous international exchanges:
Binance INTL
OKX INTL
Gate.io INTL
Huobi INTL
China Line APP DL China Line APP DL
China Line APP DL
China Line APP DL
Note: The above exchange logo is the official website registration link, and the text is the APP download link.
Digital currency xlm stellar trading platform, official website of stellar xlm currency trading platform introduction: What is the virtual currency xlm stellar? Stellar, a currency founded by former Ripple founder Jed
The digital currency project initiated by McCaleb is used to build a decentralized gateway for transmission between digital currency and legal currency. It will be provided to users in the form of free distribution, with an initial supply of 100 billion, of which 95% of the number of stellar coins will be distributed free of charge.
Stellar Lumens is the basic digital currency in the Stellar Payment Network created based on modifications to the ripple code. The Stellar Payment Network uses Stellar Lumens as the base currency through which users can transfer any currency, including US dollars, euros, RMB, Japanese yen, and Bitcoin. , transaction confirmation is completed within seconds.
xlm Stellar Encyclopedia
Chinese name: Stellar Lumens
English name: Lumen
English abbreviation: XLM
Developer: Str Team
Core algorithm: OpenCoin original algorithm
Block time: seconds to
Total currency volume: 100 billion +1%/year
Existing circulation: 11,586,874,507
Release date: August 1, 2014
xlm Stellar Lumens official website:
xlm coin trading platform:
(After registration, enter the BTC trading area to view)
Introduction to Stellar project
The Stellar star is Mt-
Gox and McCaleb, the original founder of Ripple, recently launched a new payment system similar to Ripple. Joyce King, executive director of the Stellar Development Foundation, said Stellar will serve as a bridge between fiat currencies and digital currencies, which is key for digital currencies to be adopted by mainstream users. This new platform is a decentralized gateway for transfers between digital currencies and fiat currencies. Like Ripple and Bitcoin, Stellar will have its own digital currency, Stellar.
50% of Stellar Lumens are distributed to the world through the direct distribution plan,
25% is allocated to non-profit organizations to reach the financially underserved through the Increased Reach program, 20% is distributed through the Bitcoin program, and 5% is set aside for operating expenses for Stellar operations. Its operating rules are clear and it is committed to building an outstanding team that is open, transparent and practices its core concepts.
Stellar is a diverse team, with board members including former Square COO Keith Rabois, Stripe CEO Patrick
Collison, while Dogecoin co-founder Jackson Palmer and AngelList co-founder Naval Ravikant will serve as advisors to the project.
IBM and Stellar reach strategic cooperation
On October 16, 2017, the blue giant IBM revealed today at the Sibos 2017 conference that it has reached a cooperation with the blockchain startup Stellar to use Stellar’s custom cryptocurrency
lumen to achieve real-time cross-border legal currency payment settlement.
Although the cross-border payment platform is currently limited to settlement of British pounds and Fijian dollars, according to the plan, the application scope of the platform will be expanded to seven legal currencies in the South Pacific region, including Australian dollars, New Zealand dollars and Tongan Pa'anga (pa? anga). It is reported that most of the settlement workflow of the cross-border payment platform’s transactions is handled by IBM’s blockchain solution, but the actual settlement work will be completed using Stellar’s blockchain.
In this case, Stellar’s lumen can be used as a digital intermediary between fiat currencies, allowing for almost instantaneous transactions without the consumer or buyer themselves being affected by the cryptocurrency itself.
Stellar founder Jed McCaleb told reporters: "When transactions occur between multiple currencies, Lumen will serve as a bridge currency to reduce the ledger that needs to be maintained for transactions. It provides a single ledger that links currencies."
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