The Best Binary Options Broker 2020!
Perfect For Beginners!
Free Demo Account!
Free Trading Education!
Stellar Cryptocurrency Review (XLM)
Stellar is a cryptocurrency that is among the ten most popular coins in the world, and it is the fifth cryptocurrency with the largest market capitalization.
We can notice a tendency in the crypto market when the prices of famous cryptocurrencies like Ethereum and Bitcoin decrease, while the price of Stellar still continues to grow. There are reasons for this. The main factor is the well-developed technical structure of the cryptocurrency, which other assets of this kind often lack.
Why did Stellar become an innovation in the crypto world, and what are the prospects for this coin? Let’s dig deeper to answer these questions.
Let’s Meet Stellar
The history of Stellar began when Ripple posted the code of the network in the public domain, which allowed any willing programmer to start developing a fork of a coin. This is what Jed McCaleb, one of the owners of a large share of all XRP assets, did. He perfected an existing coin. After its launch, Jed sold all of his Ripple assets and invested in the new product.
However, the programmer did not act in good faith: because of the rapid sale of assets, the exchange rate for the coin fell sharply. This caused discontent with other shareholders and developers, and they went to court. The court ruled that under the contract, Jed could not sell assets without selling them. Now, the developer has in his account XRP coins worth more than $40 million, but cannot sell them.
Stellar is a public distributed payment system that belongs to the Stellar Development Foundation. It allows quick and reliable transactions. The American company Stripe is the main investor in the fund and controls almost all the activities on the site.
Stellar enables the use of any cryptocurrency and synchronization with financial structures. Cryptographic encryption ensures the safety of the platform.
However, there are some disadvantages in Stellar. One of them is the threshold for entry. By the way, mining is not available with Stellar.
Stellar’s users are provided with a cryptocurrency called the Lumen (XLM). The system works on basic cryptographic principles and provides a decentralized server that includes a constantly-updated distributed ledger.
Stellar doesn’t work on the mining system to validate transactions. It uses the Federated Byzantine Agreement (FBA) algorithm, which provides the ability to process transactions much more quickly than Bitcoin.
What does this mean? Imagine that there is a large Byzantine army governed by many generals. Soon, they will have a big battle. Each general could be a traitor.
Before the battle, there are two strategies that might be attractive to the army:
The Best Binary Options Broker 2020!
Perfect For Beginners!
Free Demo Account!
Free Trading Education!
- Go on the offensive and lose many troops, but win the battle
- Retreat and lose the battle, but save the troops.
Here is a mathematical problem for programmers: how to make generals check each other at the expense of the veracity of their intentions, without showing anyone confidence. This type of verification algorithm is included in Stellar’s code, where communication nodes act as generals.
Analysis of data during the exchange allows you to fully secure transactions. Validation of transactions is implemented through quorum slices. In Stellar, each node has the right to choose reliable nodes. Its speed of transaction validation has made Stellar really popular among users. This network can process up to 1,000 transactions per second.
Initially, Stellar used a cryptocurrency called Stellar. However, in 2020, a large-scale rebranding was carried out. The coin was renamed Lumen (XLM).
Even though the cryptocurrency was first issued in 2020, it was listed on exchanges in 2020.
At the beginning of 2020, the token price was $ 0.06, but in several months, it dropped to $ 0.01. In Poloniex, a sharp drop in rate was explained by a hacker attack on the exchange.
A lot of experts were sure of the attack’s customized nature, as, in March 2020, many traders had made large bets that caused a fall in the price of the Lumen.
Be that as it may, the Stellar coin held its price. In autumn 2020, there was information that IBM, the internationally-known IT-company, planned to integrate Stellar technology to build its only transaction system.
In addition, Stellar was added to the list of the three top cryptocurrency exchanges: Binance, Bittrex, and Kraken.
Investment capital immediately flowed into cryptocurrency, and the price naturally went up. In October, 1 XLM cost $0.04, and in December, it was $0.20.
With the beginning of 2020, many cryptocurrencies collapsed and lost their value. Stellar was not among them.
The developers concluded several promising contracts that aimed to add the Lumen to the Hong Kong stock exchange, OKEx, and to promote cooperation with the global cryptocurrency service Pundi X. As a result, the XLM price increased to 70 cents.
Experts agree that the market value of the cryptocurrency will instantaneously increase. This is due, first of all, to the increase in the cryptocurrency popularity. It is already clear that the developers had created a truly reliable, convenient, and, most importantly, decentralized version of Ripple.
Here’s what you should know about Stellar before investing in it:
- The platform has set a symbolic charge for conducting operations on the network:0.00001 XLM. The developers did this to avoid DDoS attacks, which happen if the network becomes full of meaningless transactions.
- It is required to possess at least 20 XLM to use the Stellar network.
This plan is possible due to the functioning of the internal decentralized stock exchange of Stellar. It works thanks to a built-in SCP algorithm, which is also called the consensus protocol.
The basis of this algorithm is a distributed data registry (the so-called ledger). It contains and stores data on all current and completed transactions.
The registry provides many peer-to-peer and independent nodes. Even if one node fails, the information will remain on the others, and the collapse of the system will be impossible.
CoinMarketCap reported that the circulating supply of Lumens was 18,771,744,750 XLM out of a total supply of 104,204,519,656 XLM as of August 2020.
Reports on fund activities, investments, and even staff salaries is available to all users. The initial supply of Lumens was 100 billion, but the currency was developed to be inflationary. The fixed inflation rate is 1% per year.
Consider the initial supply plan of 100 billion Lumens:
According to this distribution plan:
- 50% was given to people invited to join Stellar.
- 25% was allocated to organizations that want their investments to grow through the adoption of the Stellar network.
- The next 20% was distributed through giveaways.
- The last 5% remained for technical expenses.
The fund created a restrictive contract, according to which all participants in the system who own a large number of coins undertake not to sell them for 5 years. This step was taken to prevent major asset holders from manipulating the exchange rate.
How to Buy Lumens
For Americans, it is impossible to find Lumens on the exchanges.
Follow the recommendations listed below if you do not have an account on the exchanges.
First, create an account — for example, in Coinbase. It is strongly recommended to use two-factor authentication to provide double security to your account. Choose the most suitable method to pay for a cryptocurrency, Then, buy either Bitcoin or Ether. (Skip this step if you have already done this).
Second, register for an account on the Binance exchange. Copy and insert the address of your Binance wallet.
After this step, withdraw Lumens from your account and send them to the Binance wallet.
Now you can exchange your coins for XLM.
Where to Store Lumens
To find the most convenient storage for Lumens, first, figure out which type of wallet is perfect for you. There are several basic options:
- Hot wallets. These are services that allow you to store cryptocurrency online. This can be either special services for Stellar, or simply currency accounts (for example, a cryptocurrency exchange account). This is a very convenient way to keep XLM, since you can use your assets at any time. The disadvantage is that the money is vulnerable to hackers (especially if you choose an unreliable wallet).
- Cold wallets. This option allows you to store savings directly on your computer. To do this, you will have to download the software on your PC, as well as download the entire blockchain of the coin.
- Hardware wallets. A convenient option for those who want to have Stellar at hand. After all, a hardware wallet is a specialized portable device on which your coins will be “recorded.” You can always connect to any device and use assets.
All you have to do is choose how to store Stellar in a specific situation. You can have several wallets: one for daily trading, and the other for fixed assets. There are lots of options.
In general, there is no official wallet from the developers. But you can use a variety of services already proven by many users: Ledger, Stellar Term, Foxlet, Stargazer.
Ripple vs Stellar
It is no secret that Ripple is Steller’s biggest competitor. Let’s compare them to find out the differences between these two projects.
Many experts believe that Stellar is an improved and much more reliable version of Ripple. The Ripple platform, with the token of the same name, appeared in 2020. Many traders jumped at the cheap and practical coin, which promised (and still promises) a bright future. But, despite all its strengths, the cryptocurrency was not perfect. Experts put forward three complaints about Ripple:
- Ripple Labs (the company that created Ripple) is a commercial organization, which, by definition, is not guided by benefits for ordinary members of the system, but by its own benefit.
- Ripple Labs is the main holder of XRP coins, and therefore can artificially manipulate the course.
- Ripple is a centralized platform with a closed program code, and any changes in the operation of the system are possible only with a filing by Ripple Labs.
The developers promised to solve the problems described. First of all, to change the scheme of coin distribution, and make the program code open. And if nothing happened with the first item, they would work on the second one.
In 2020, Ripple Labs discovered the platform code, but the main claims did not disappear. The cryptocurrency community claimed that only a fork could solve Ripple’s problems.
And it happened. It was performed by Jed McCaleb and Joyce Kim. The result of the fork was the emergence of the Stellar cryptocurrency.
Lumens (Stellar tokens) are needed to pay meager commissions (about $ 0.000001 per transaction), and are designed to build bridges. If, for example, someone needs to exchange hryvnia for Zimbabwean dollars, but there is no direct market between these two assets, they can buy Lumens in hryvnia, and then buy the required dollars for Lumen.
The Stellar network is also a great platform to create a new crypto project. ICOs like the Mobius Network and SureRemit have already been launched on the Stellar network.
Stellar is a unique technology that provides the ability to instantly exchange crypto assets and avoid losing money on commissions. Many corporations all over the world are already using Stellar technology, and are actively investing in the development of the project.
The possibilities for practical application of this cryptocurrency are constantly expanding. Stellar will be integrated into the organization of the African messenger Vumi, to allow payments in some countries of the continent.
Obviously, with every new major investor and every contract, the demand for XLM will grow. Accordingly, the price of the coin will rise, as well.
Sign up to get the latest news and updates: Twitter and Telegram!
(XLM) Stellar Lumens Price Prediction 2020 / 2020 / 5 Years (Updated 05/06/19): XLM/USD Above $0.10!
In This Article
If you want to read a summary of our most recent Stellar Stellar is an open-sourced, blockchain-based database that was developed by the Stellar Development Foundation (SDF). SDF is a nonprofit organization. More lumens (XLM) price analysis and predictions click here.
What is Stellar? How is it different from Stellar Lumens? Is the price of XLM going up or down in 2020, 2020, and the next five years?
In this pillar piece, we hope to answer these questions and any other you might have.
We begin by summarizing our most recent price analysis and predictions for Steller Lumens.
Then we move onto a fundamental analysis wherein we differentiate between Stellar the platform and lumens the currency. Furthermore, we analyze before analyzing Stellar’s competitive advantage over other digital assets.
Next, we offer a technical analysis of the price of lumens or XLM. Based on these analyses, we offer price predictions for 2020 and 2020 while defining the competitive advantage Stellar appears to possess. We believe this competitive advantage will be maintained for at least 5 years, if not longer.
Regular Price Analysis of Stellar Lumens (XLM)
The price reached a low of $0.094 on Apr 26. A gradual increase followed. Lumens hasbeen trading inside an ascending channel since.
The price broke down from the channel on May 6.
The breakdown and the channel can be seen in the graph below.
Based on our latest analysis, the price will eventually increase and again trade inside the channel.
The closest resistance area is found near $0.101.
To read our full May 2 XLM/USD and XLM/EUR price analysis, click here on the blue button below:
Oh Look, There’s More…
- Fundamental Analysis
- Technical Analysis
- Price Prediction 2020
- Price Prediction 2020
Our fundamental analysis examines the competitive advantage of Stellar over other cryptoassets—namely Bitcoin BUY NOW . It highlights market differentiation and various strengths while also examining possible signs of weakness.
Stellar vs. Stellar Lumens
It is important to first differentiate between Stellar and Stellar lumens. Stellar refers to the network and platform which makes possible peer-to-peer transactions. As explained below, using Stellar nearly any currency can be sent from one person and received by another as a different currency.
The Stellar platform aims to create a truly decentralized and open financial system. Its value is derived from its actual implementation and usage.
Lumens (XLM), on the other hand, are a native cryptocurrency deployed on the Stellar network. The price of lumens may increase with the adoption of the network. On the other hand, the price of lumens may not be affected by the integration of Stellar into global society.
Because Stellar allows both crypto and fiat currencies to be sent and received, the platform might aid the adoption of one cryptocurrency—like Bitcoin (BTC)—without increasing adoption of its own lumens.
Using Stellar to send or receive bitcoins would indicate increased use-value of Stellar—its primary form of value—even if the exchange value of lumens suffered as a result.
In this fundamental analysis, we examine the competitive advantage of Stellar over other digital assets. However, our technical analysis focuses on the price of lumens. Both are used to define future long-term use-value for Stellar and changes in price for lumens.
A Stellar Team
The Stellar network was launched on July 31, 2020 by the Stellar Development Foundation. Its first three members included:
- Jed McCaleb who had previously founded Mt. Gox and co-founded Ripple Labs, Inc—which hosts the centralized XRPBUY NOW network.
- Joyce Kim: a former lawyer.
- Patrick Collison: CEO of Stripe and initial seed investor. In 2020, Collison invested $3 million of seed money into the venture. In return, he received a seat at the Foundation’s table and 2 billion stellars—now called lumens. At the time of writing (Mar 14, 2020), these lumens were worth over $200 million.
In 2020, David Mazieres—a professor of computer science at Stanford University—joined the team as Stellar’s chief scientist. He designed the Stellar Consensus Protocol (SCP) as an alternative to consensus algorithms like Proof-of-Work Proof of work and proof of stake are both ways of achieving trustless and distributed consensus on the blockchain. Many. More (PoW) and Proof-of-Stake Proof of work and proof of stake are both ways of achieving trustless and distributed consensus on the blockchain. Many. More (PoS).
The Purpose of Stellar
Together, these four laid the foundation for a new decentralized global financial system.
Using Stellar, users can transfer lumens dollars, bitcoins, or virtually any other imaginable currency to other users anywhere in the world. Furthermore, Stellar has a built-in conversion system which allows a user to send one currency and the recipient to receive an equivalent amount of another.
[bctt tweet=”Stellar aims to create a new decentralized global financial system by going beyond the limits of Bitcoin.” username=”beincrypto”]
The process is simple:
- A user deposits some currency or currencies into a gateway on the Stellar network. This user might be Bob and he might deposit both dollars and bitcoins.
- The distributed leger (i.e. Stellar blockchain) records the currency as credit. Bob now has credits for the dollars and bitcoins he deposited on the network.
- The user Bob sends credited dollars or bitcoins to another user Bill. Bill wants lumens.
- The credited bitcoins or dollars are converted into credited lumens.
- Bill receives the credited lumens.
- Bill withdraws the lumens onto a wallet Unlike the physical wallet in your back pocket, a cryptocurrency wallet doesn’t actually store currency but the keys to a. More or exchange where he can spend or trade them as actual lumens.
Bitcoin is one of many currencies that can be traded across the Stellar network. So is Ethereum BUY NOW (ETH), XRP (XRP), Litecoin BUY NOW (LTC), and others.
This means that the value of Stellar goes beyond the value of lumens alone. It also includes the competitive advantage of the Stellar platform.
[bctt tweet=”The Stellar platform integrates lumens, other cryptocurrencies, cryptoassets, and fiat currencies within a single network in which they can be traded and exchanged easily and with few fees.” username=”beincrypto”]
The Problem of Trust
Stellar also seeks to solve the initial problem of trust defined by Satoshi Nakamoto We don’t know much about the founder (or founders) of Bitcoin — Satoshi Nakamoto — as he pretty much disappeared. More but in a very different way than Bitcoin.
On Oct 31, 2008, Nakamoto published the Bitcoin whitepaper titled “Bitcoin: A Peer-to-Peer Electronic Cash System.” In the introduction he defines a problem:
“Commerce on the Internet has come to rely almost exclusively on financial institutions serving as trusted third parties to process electronic payments. While the system works well enough for most transactions, it still suffers from the inherent weaknesses of the trust based model.”
To solve this problem, he conceptualizes a peer-to-peer (P2P) network in which all transaction data is recorded on a publicly distributed ledger Blockchain is a digital ledger that’s used for storing data on several servers across the world in a decentralized, trustless. More called the blockchain. According to Nakamoto, validating transactions onto the blockchain could be done using a cryptographic consensus algorithm called Proof-of-Work (PoW).
He was right, but his solution did not solve the problem of trust. Instead, two new trust networks emerged:
- There remained the trust between buyers and sellers on the network—which is necessary for successful peer-to-peer (P2P) transactions.
- Trust in miners seems to have replaced trust in financial institutions, but miners still act a third-party intermediary in P2P transactions with bitcoins. This means that the goal of Bitcoin to remove third-party intermediaries could be considered at least a partial failure.
The Stellar Consensus Protocol
In the whitepaper for the Stellar Consensus Protocol (SCP), Mazieres noted many other problems with Bitcoin and its PoW consensus algorithm:
- The possibility of 51% attacks on the system
- Resource dependency (mining requires inordinate amounts of electricity)
- A high and costly barrier of entry for new miners
- Reliance on a closed system of nodes to confirm and validate transactions
- Privileging of the wealthy (expensive machines must be used to mine Bitcoin which generates new wealth for the miner)
SCP solves these and many other problems associated with PoW and other consensus algorithms. It allows new nodes to enter the system at any time so long that they are able to successfully join a quorum slice.
[bctt tweet=” Trust is inherent to the SCP model. Unlike Bitcoin, trust is not something to be eliminated. It is something to be accepted, embraced, and exploited for the functioning of the system.” username=”beincrypto”]
A quorum represents the number of nodes needed to confirm a transaction onto a blockchain.
In a closed system, there is a finite number of nodes. Validating transactions requires that a pre-determined majority reach a consensus that the transaction is valid.
However, in an open system, this would not work.
For example, a closed system of 100 nodes might require a simple majority of 51 nodes to reach consensus. However, if that system was open and 10 more people joined, 51 nodes would no longer be a majority.
Either a new, constantly changing level will have to be developed—which is impractical—or a protocol must be instituted that allows for open membership. SCP is that protocol.
SCP functions by allowing nodes to enter the network only by joining quorum slices.
The members of those slices must trust the new node in order that it might contribute to the federated voting Can blockchain be used for Voting? Across the globe, decisions made about many of societies issues are decided upon by. More system which generates consensus.
Trust is inherent to the SCP model. Unlike Bitcoin, trust is not something to be eliminated. It is something to be accepted, embraced, and exploited for the functioning of the system.
Using trust, SCP perpetuates decentralized control.
It avoids centralized validators from seizing authority over the network.
The rich are no longer rewarded for being rich, but those who are trusted may be rewarded for being trustworthy.
Mass adoption of blockchain technology will require education. According to our analysis of the Fluence 2020 State of dApps report, we discerned that increasing the number of dApps users and solving other problems will require:
“Educating the masses about crypto…[while] terms like ‘cryptocurrency, cryptoasset, ERC20 BUY NOW tokens, fungibility, and consensus algorithms’ may be understood within the crypto industry…they have become jargon for those outside the industry. Teaching people what these and other crypto-related terms actually mean is integral to mass adoption of crypto.
Stellar embraces this philosophy and host a number of educational resources.
This includes academic papers for the computer scientist, slide shows for the layman, webpages which define “decentralized networks” and other terms, and much more.
The material that the Stellar Development Team has assembled throughout its website, social media channels, Medium articles, and other places is designed for a wide and diverse audience.
This not only offers Stellar increased competitive advantage, but it is also helpful for the overall mass adoption of blockchain technology including Bitcoin, Ethereum Blockchain is a digital ledger that’s used for storing data on several servers across the world in a decentralized, trustless. More , and other cryptoassets.
Before moving onto the technical analysis, we would like to mention the many real-world use-cases already displayed by Stellar. A core banking solution using Stellar was developed for Deloitte—one of the largest four accounting firms in the country.
The solution is reported to have reduced transaction fees by upwards of 40% while bringing transaction times to only five seconds.
Other solutions have been developed for Tempo, Parkway Projects, Praekelt Foundation, Philafy, bext360, and others.
New use-cases for Stellar continue to emerge as well. Combined with the unique purpose, protocol, and publication of educational resources, Stellar has distanced itself from Bitcoin and other cryptoassets in pronounced ways.
As long as Stellar continues proving itself a unique and innovative solution to current global financial problems, long-term price increases of lumens may follow.
However, the true value of Stellar remains defined by the network’s utility—not its native currency. Use, rather than exchange-value, is what makes Stellar such a remarkably differentiated network.
Technical Analysis and Price Prediction
On Jan 2020, the price of Stellar lumens (XLM) reached a high of almost $1. It has been down-trending since—alternating between periods of gradual and sharp decreases. Ultimately, XLM has lost almost 90% of its total value since highs in early 2020.
In order to try and predict the price of XLM in the long-run, an analysis of the previous crash is required.Below is a look at the prices from the period of Aug 2020 to Mar 2020.
The price made a high of nearly $0.009 in December 2020. A gradual downtrend ensued, which took prices to a bottom of $0.0014.
The downtrend lasted 791 days and amounted to a loss of almost 80% of XLM’s value.
Afterward, the price initiated a rapid upward move, which took it to a high of $0.072 in June 2020. The increase amounted to 5100% from the 2020 bottom.
The ratio between the Mar-Jun 2020 increase and the Dec 2020- Mar 2020 decrease was close to 65. (5100/78)
We are later going to use this ratio in order to make an assumption about where the price of XLM may be headed in 2020 and 2020.
A Closer Look
The price of XLM on Poloniex is analyzed at one-day intervals from Aug 2020 to Aug 2020
The price bottomed at $0.0012 in December 2020. It initiated a sharp upward move which took it to $0.009. Then a sharp decrease ensued. Afterward, there was a long period of inactivity combined with movement inside a horizontal channel between $0.0037 and $0.0012.
The decrease took 140 days to materialize, while the movement inside the channel amounted to 651 days, for a total of 791 days from the Dec 2020 high to the breakout point.
The price of XLM on Poloniex is analyzed at one-week intervals from Jan 2020 to Mar 2020.
The price reached a high of $1 in January 2020. A downtrend followed, which took the price to a low of $0.07 in February 2020. The drop amounted to a 91% loss.
We are operating under the assumption that the price will closely follow the 2020 crash. Therefore, the current trading range with a bottom at $0.07 should last until approximately March 2020.
Subsequently, a rapid upward move should begin which takes the price to a high of $5—an increase of 5700%
The rate of increase is found by multiplying the ratio from the 2020 crash with the 92% decrease from the Jan 2020 high of $1.
Stellar Lumens Price Prediction 2020
The price of XLM on Poloniex is analyzed at three-day intervals from Jan 2020 to Mar 2020.
Following our prediction, the price at the end of 2020 should not be very far off from the price today, inside the horizontal channel between $0.07 and $0.2.
However, as is visible from the image above, the price of XLM has made the following pattern:
- Sharp increase
- Sharp Decrease
- Sharp Increase
- Sharp Decrease
- Horizontal movement
Therefore, the $5 high should be the first high, which is followed by a sharp decrease and then another increase, followed by a decrease and horizontal movement.
Stellar Lumens Price Prediction 2020
In order to successfully predict the price at the end of 2020, we need to find the value of the high on the second upward move.
In order to find the rate of increase of the second upward move, we use the same formula as before with a slight alteration.
In order to find the rate of increase, we calculate the increase from the breakout point of the horizontal channel in 2020 to the $1 high experienced in January 2020 instead of the high on July 2020.
Using that rate we get a 26,531% rate of increase which would take us to a high of $45.
In addition, the price reached a high of $0.072 on Jun 2020. A gradual decrease followed by a sharp increased. Price reached a top of $1 in January 2020. This movement took 245 days.
In the previous section, we estimated the time of the first high to be on Mar 2020. If the price follows the 2020 crash and subsequent 2020 rapid increase, it will take 245 days for the price to reach the second high of $45, around Dec 2020.
Summary of Analysis
There are similarities between the 2020 and the current crash. The following predictions are made with the assumption that price will follow the pattern laid out in the previous crash:
- Between $0.1 and $0.2 in Dec 2020
- Between $35-45 in Dec 2020.
The value of Stellar is not dependent on the price of lumens. There are primary features of the Stellar—such as its purpose, platform, and protocol—that cannot be quantified by exchange-value of the native cryptocurrency deployed on the platform.
In short, stellar’s value is derived by qualitative usage as a decentralized, global payment network and financial not from the conversion rate of lumens to dollars. Nonetheless, the potential future values of lumens can be predicted using trends and indicators as we did above.
[bctt tweet=”Valuing Stellar as a decentralized, global financial system requires more than increases in the price of lumens. It requires mass, global adoption of the Stellar platform by all major entities in the marketplace.” username=”beincrypto”]
Attaining this goal will necessarily require global mass adoption of the Stellar platform. Such adoption would actualize Stellar’s value. Increases in the price of lumens, however, would not necessarily lead to the adoption of Stellar’s platform or the actualization of its value.
It is important to remember that valuing Stellar based on its adoption and utility is very different than pricing lumens based their conversion rate to the dollar. Stellar’s value and the price of lumens are intersecting but not identical phenomena. An increase in one does not necessarily correlate with an increase in the other.
What do you think of our price prediction for Stellar (XLM) in 2020? Let us know your thoughts in the comments below!
We also publish regular pillar updates for other cryptocurrencies and cryptoassets:
[Disclaimer: The contents of this article are not intended as financial advice, and should not be taken as such. BeInCrypto and the author are not responsible for any financial gains or losses made after reading this article. Readers are always encouraged to do their own research before investing in cryptocurrency, as the market is particularly volatile.]
Stellar Lumens cryptocurrency – Price, Graph, Review
Хоть раз бывавшие на рынке криптовалют осведомлены о существовании платформы Stellar Lumens. Эта крипта уверенно себя чувствует в топ-10 монет по рыночной капитализации в соответствии с рейтингом CoinMarketCap. Потрясения и невзгоды не помешали монете остаться на плаву, хоть цена не всегда радует инвесторов.
Насколько удачной станет инвестиция в проект? Что если купить XLM сегодня? Если вы хотите найти ответы на эти вопросы, то вы попали по адресу. Прогноз цены на 2020, 2020 год расставит все точки над и.
Что такое Stellar?
Stellar – полностью децентрализованная платформа, в которой функционирует собственная криптовалюта под названием XLM (Stellar Lumens). Проект нацелен на то, чтобы стать промежуточным звеном или же буфером между текущим финансовым миром и децентрализованными криптовалютами. Сеть предназначена для работы в системе координат «фиат-крипта», что позволяет совершать межплатформенные транзакции в любой валютной паре.
Платформа имеет уникальный консенсусный протокол – Stellar Consensus Protocol (SCP), который существенно отличается от proof-of-work, proof-of-stake и других типов протоколов. Он позволяет достичь консенсуса без использования закрытой системы для записи транзакций (решается вопрос децентрализации) и без единодушного согласия пользователей (решается вопрос масштабируемости).
Криптовалюта XLM, цена Stellar сегодня
Основная функция этой криптовалюты – расчет между пользователями. Как сообщает официальный сайт проекта, lumen (xlm) – единица цифровой валюты, как биткойн. Эти монеты обеспечивают перемещение денег по всему миру, быстрое и безопасное проведение транзакций, в том числе обменных, между различными валютами (крипто и фиат).
Монета, как и все альты, показала невероятный рост зимой 2020 гг., поднявшись в цене с 0,03 в ноябре 2020 года до 0,93 доллара в январе 2020 года. Курс Стеллара долго казался стабильней большинства конкурентов на рынке. Но в итоге с ATH монета упала на 80%, что, учитывая медвежью тенденцию 2020 года, соответствует среднестатистическому альткоину.
Виджет ниже покажет вам актуальную цену Stellar на сегодня.
Узнать актуальный курс XLM к рублю или гривне, а также приобрести монету можно здесь.
Где вы можете купить XLM? Эта монета известна и популярна, поэтому ее залистило большинство ведущих бирж. Среди них:
Торговать XLM проблем не составит. В случае пампа какая-то биржа точно окажется под рукой юзера.
Новости Stellar (XLM), события и анонсы
Планов же на 2020 год у проекта очень много. Проще всего ознакомиться со свежей дорожной картой. Но если коротко, то вот основные позиции анонсов и событий:
- улучшение децентрализации при сохранении производительности;
- упрощение управления узлами;
- редизайн Stellar.org;
- добавление информационного контента на сайт и в социальные сети;
- создание кошелька с открытым исходным кодом;
- улучшение работы молниеносных платежных каналов (Lightning-like Payment Channels);
- расширение штата, в т.ч. создание команды по маркетингу.
Осенью штат компании пополнило несколько специалистов. Например, главного юрисконсульта удалось переманить с Uber, где правовед, естественно, работал по специальности.
Произошло серьезное обновление ядра Стеллар (v12.0.0). Крутой фишкой стала возможность регулирования как суммы отправки, так и суммы получения. Равнозначным стает ордер на отправку мистеру Х десяти долларов и ордер на получение мистером Х восьми евро. Отправитель сам выбирает формат платежа.
Выпуск Horizon v0.22.0, который поддерживает Протокол 12, дал пользователям достаточно времени для подготовки к новому обновлению 28 октября. Далее последует финальное обновление 2020 года, которое должно ускорить работу сети, повысить ее безопасность и гарантировать использование монеты в различных сферах экономики.
Компания начала тесное сотрудничество с Блокчейн Академиией в Мексике. На ее базе проводится подготовка специалистов в сфере блокчейна.
Прогноз цены Стеллар (XLM) на 2020, 2020
Специалисты всячески намекают на хорошие перспективы Stellar, однако мы попытаемся беспристрастно проанализировать факторы, которые могут повлиять на цену крипто-флагмана в течение следующего года.
По нашему мнению, положительные факторы, которые могут повлиять на цену криптовалюты, заключаются в следующем:
- Согласно графику XLM, монета уже нашла свое дно. Маловероятной является ситуация более глубокого падения.
- Stellar – это широко известная платформа и очень узнаваемый бренд. Разумеется, ее нельзя сравнивать с такими гигантами, как Биткойн и Риппл, но она занимает ведущие позиции на рынке и пользуется уважением сообществе.
- Платформа получила сертификат соответствия закону шариата. Никакая другая монета не получила такого признания в исламских государствах. Это может способствовать популярности криптографии среди людей, исповедующих ислам.
- Платформа пользуется спросом. Существует много проектов, созданных на основе Stellar, в частности SatoshiPay (платежный виджет для Интернета), Блокбук (система для создания аватаров для Stellar-адресов пользователей), BlockEQ (децентрализованный обмен), WeBuy (рекламная платформа) и много других. На этом сайте вы можете найти более широкий список проектов.
- Над проектом работает мощная команда, в состав которой входят Джед МакКалеб (бывший разработчик Ripple), Дэвид Мазьер (профессор компьютерных наук в Стэнфордском университете) и другие сведущие в своем деле люди.
- Популярные веб-сайты, такие как Walletinvestor, дают положительные прогнозы. Мы не говорим о правильности прогнозов. Речь идет о том, что они создают позитивный информационный фон, которые влияет на мнения людей и их решение покупать или не покупать эту монету.
- XLM начал вновь привлекать хорошие торговые объемы.
Чтобы быть более объективным, мы должны проанализировать некоторые факторы, которые, на наш взгляд, могут замедлить рост Stellar Lumen. К ним мы относим:
- Согласно исследованиям Кевина Рука, на начало сентября 2020 года Stellar имел только 676 активных адресов в день. Криптовалюта заняла лишь 24-е место в его списке крипты у которой суточное количество пользователей превышает 400. Даже монеты с более низкой капитализацией, как Decred и PIVX, отличились большим количеством суточных пользователей. За год ситуация переменилась, но о кардинальных сдвигах не сообщается.
- Если рынок окончательно не сломит медвежий тренд, криптовалюта последует за ним. Как показала практика, у нее нет достаточно сил для противостояния рынку.
- Это все! Как отметил один из пользователей Reddit (icomaker) в обсуждении недостатков Stellar, «ничего не приходит в голову».
Несмотря на существование потенциальных негативных факторов, описанных выше, на долгосрок цене Stellar Lumens по силам всех удивить (в хорошем смысле).
2020 год в плане ценообразования для Стеллар мы считаем максимально рынкозависимым и не показательным. Скользкая медвежья история не отрицает всех заслуг проекта. Речь идет о том, что именно к 2020 году все технические планы будут реализованы, маркетинговая программа налажена, а рынок станет теплее. Так что не в 2020 году, а в 2020 году будет показан очень хороший рост, который превзойдет среднерыночные показатели.
Наш краткосрочный и долгосрочный прогноз курса Stellar (XLM) вы увидите в таблице ниже.
|Период||Прогноз цены Stellar (XLM)|
Отказ от ответственности: Прогноз, который вы прочитали, — это наше мнение о будущем монеты. У нас нет данных о точной стоимости XLM в будущем. Не стоит рассматривать этот прогноз иначе как ознакомительный материал.
Stellar Lumens cryptocurrency – Price, Graph, Review
Stellar is an open source payment system – its currency is the Lumen (XLM) – and its purpose is to connect financial institutions in developing markets among others. Jed McCaleb created Stellar in July of 2020, and remains a lead developer at the non-profit Stellar Development Foundation. Stellar uses a federated Byzantine agreement (FBA) algorithm to enable quicker transactions as they don’t need to be approved by the mining network. Both IBM, to facilitate cross border payments in the Pacific, and Deloitte, to create a cross border payment app, have partnered with Stellar as well as 30 banks.
Stellar Invests in Security Token Platform Targeting Developing Markets
The investment will help DSTOQ fund new technology and expansion into local markets.
German Bank to Offer Tokenized Securities Based on Stellar
One of the oldest banks in Europe, von der Heydt, is developing a euro stablecoin to facilitate private placements in securities tokenized on the Stellar blockchain.
The Best Binary Options Broker 2020!
Perfect For Beginners!
Free Demo Account!
Free Trading Education!