Dynamic and history value of price XLM. Maximal value of price Stellar Lumens was 0.3974$ - 2021-01-07 01:00:24, Minimal price of XLM was 0.07307$ value and fixed at 2020-11-04 15:00:13. Today price of Stellar Lumens is : 0$
Stellar is an open source, distributed payment system. It is an interactive, leapfrogging technology that connects users, payments, systems, and banks. It enables you to conduct fast and reliable multi-currency and asset transactions, using the digital token XLM as a bridge. Stellar’s basic operations are similar to most decentralized payment technologies. It is a network running on a decentralized server and has a decentralized ledger, which is updated by all nodes every 2-5 seconds. The most prominent difference between Stellar and Bitcoin is their different consensus mechanisms. Stellar’s consensus protocol does not rely on mining to verify support transactions. In contrast, Stellar uses the FBA algorithm, which can make the transaction process faster. This is because FBA uses network proportions to support and validate any transaction. In the Stellar network, each node will choose another group of nodes as trusted nodes. Once a transaction is supported by all nodes in this group, the transaction becomes effective. This approach makes Stellar’s network particularly fast, capable of processing 1,000 transactions per second.