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What is the issuance price of Stellar Lumens Detailed introduct
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Date:2024-04-29 18:48:58 Channel:Wallet Read:
In the cryptocurrency market, Stellar Lumens (XLM) has been getting a lot of attention. As a potential digital currency, its issuance price has always been one of the focuses of investors. This article will delve into the issue price of Stellar Lumens, reveal the story behind it, and take you to understand the latest developments in this field.What is the issuance price of Stellar XLM?The issuance price of Stellar Lumens (XLM) refers to the price at which the digital currency was initially issued. Stellar was launched via an initial public offering (ICO) in 2014, at a time when the price per Stellar was approximately $0.002. This price attracted the attention of a large number of investors and laid a solid foundation for the future development of Stellar Lumens.The development history of Stellar Lumens XLMAs blockchain technology continues to develop and the digital currency market booms, Stellar has made great progress in the past few years. Its issuance price also fluctuates with changes in market demand and supply. From a few cents to today’s dollars, Stellar’s price has experienced wild swings, demonstrating the uncertainty and potential of the digital currency market.The changes in the digital currency marketIn the digital currency market, price fluctuations are the norm. As an innovative and forward-looking digital currency, the price of Stellar Lumens is affected by many factors. Factors such as market supply and demand, investor sentiment, and the macroeconomic situation will all have an impact on the price of Stellar Lumens, causing its price to soar and fall from time to time. The market situation is changing, and investors need to remain vigilant.The future of Stellar Lumens XLMAs a high-profile digital currency, the future prospects of Stellar Lumens are highly anticipated. With the continuous innovation and application of blockchain technology, Stellar Lumens is expected to be more widely used around the world, and its issuance price may also increase accordingly. Investors should pay close attention to market trends, invest rationally, and seize investment opportunities.ConclusionAlthough the issuance price of Stellar XLM is only a detail in the digital currency market, it carries investors’ expectations and hopes for its future. In the context of the turbulent digital currency market, understanding the issuance price of Stellar Lumens can not only help investors formulate investment strategies, but also allow us to better understand the operating rules of the digital currency market. May you overcome all obstacles, overcome all obstacles, overcome all obstacles, overcome all obstacles, overcome all obstacles, overcome all obstacles, overcome all obstacles, overcome all obstacles, overcome all obstacles and overcome all obstacles. , beat the thorns, beat the thorns, beat the thorns, beat the thorns, beat the thorns, beat the thorns, beat the thorns, beat the thorns, beat the thorns, beat the thorns, beat the thorns, beat the thornsThe four most famous international exchanges:
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The full English name of XLM coin is Stellar, and its Chinese name is Stellar Lumens. Stellar is actually a blockchain network that allows you to create, store and send any digital currency of your choice. Users can also create tokens for traditional currencies, cryptocurrencies and even securities. Stellar is created by Jed
McCaleb and Stellar
The decentralized peer-to-peer network created by Org, the Stellar Consensus Protocol (SCP) is the first provably secure consensus mechanism, and its anchors can act as a bridge between the traditional financial world and the Stellar network. Many investors want to know what is the issuance price of Stellar Lumens? Let the editor of the currency circle give you a detailed introduction to the XLM coin issuance price.
What is the issuance price of Stellar Lumens?
The issuance price of Stellar is US$0.002. Stellar is trying to create a better distributed payment system that can absorb the advantages of Bitcoin and Ripple, thereby surpassing Ripple.
XLM is the basic digital currency used in the Stellar payment network. The total designed mining volume is 100 billion, which is the same as the total volume of Ripple. However, the mining volume of Stellar Lumens is not gradually reduced, but increases by 1% every year.
In the Stellar payment network, users use Stellar as the base currency and can transfer any currency through XLM, including US dollars, RMB, Euros, Japanese yen, or Bitcoin, etc.
Unlike Ripple, 50% of the Stellar Lumens are distributed to users around the world through direct distribution plans, and 25% of XLM are distributed to underserved populations and non-profit organizations through increased coverage plans. 20% of Stellar Lumens will be distributed through the Bitcoin Plan. The remaining 5% is used as the operating expenses of the Stellar operating company.
In other words, 95% of XLM is given away. Stellar Lumens is operated by the Stellar Foundation, a non-profit organization with environmental protection, charity, and financial inclusion as its core concepts.
Introduction to Stellar Lumens Features
Decentralized Network: A decentralized network consists of peers that operate independently of each other. Transfer information is dispersed across a network of servers rather than being driven by one primary source.
Ledger: The Stellar network is similar to a traditional ledger, recording all balances and transaction information for each individual account on the network. The complete global Stellar ledger will be hosted on every server running Stellar software, and one entity can run a Stellar network.
Consensus: Stellar servers will communicate and synchronize with each other to ensure that transactions are valid and can be successfully applied to the global ledger. The entire process of reaching consensus on the Stellar network happens approximately every 2-5 seconds.
Anchors, trust and credit: Anchors are simply entities that people trust to hold their deposits and send credit points to the Stellar network based on those deposits. They act as a bridge between different currencies and the Stellar network. All currency transactions on the Stellar network (with the exception of lumens’ built-in digital currency) occur in the form of credits issued by the anchor.
Distributed exchange: The Stellar ledger can store people’s quotes to buy or sell currencies. An offer is a public commitment to exchange for another type of credit at a reserved price. The ledger becomes a quote for the global market. Allowing people to trade currencies as Forex while seamlessly converting currencies while trading.
Multi-Currency Trading: Stellar lets you send all the currencies you hold to anyone else in different currency types via a built-in distributed exchange, and people can receive any currency through the anchors they add.
The above content is the currency circle editor’s detailed introduction to the issue of the issue price of Stellar Lumens. Through the Stellar network, people can participate in a global, stable financial network no matter where they are. The Stellar Development Foundation is a non-profit organization established in 2014 with the purpose of supporting the development and growth of the open source Stellar network. SDF and Stellar can make funds more fluid, markets more open, and people able to unleash the world's economic potential through better empowerment. The foundation also helps maintain Stellar’s codebase, supports the technical and business communities surrounding Stellar, and serves as a spokesperson for regulators and agencies.
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