XLM

Algo. score rating 4.1/5 (#35) 100% Open channels 62% Team Strength 94% Product Strength 83% Coin strength 50% Business strength 100% Brand awareness See attached PDF Analysis & Research report for more details.

Stellar is an open source, distributed blockchain network of payment infrastructures designed to globally connect people, payment systems, and banks. Its native, digital currency, Lumens (XLM), enables multi-currency and liquid, multi-asset transactions. Stellar operates as the Stellar Consensus Protocol (SCP). The SCP differs from the more well known Bitcoin proof of work and Ethereum (soon-to-be) proof of stake protocols. The database ledger is updated via consensus and no mining is involved. The SCP achieves consensus through a modified Byzantine agreement, the Federated Byzantine Agreement, and broadcasts through a global ledger. The total supply of XLM is 104.40B with a circulating supply of 18.43B XLM and annual inflation rate of 1%. Launched in 2014 by Jed McCaleb, the co-founder of Ripple, and Joyce Kim, a former attorney and venture capitalist. McCaleb and Kim were both instrumental in the founding of Ripple and used their expertise to found the Stellar Development Foundation. Originally a fork of the Ripple, the Stellar protocol features an entirely re-written codebase, with key contributions from computer scientist and Stanford Professor David Mazières. The SDF have key partnerships with companies such as IBM with the Stellar blockchain forming the financial rails for World Wire - a fintech, global cross-border enterprise solution by IBM for banks, central banks and businesses.

Stellar (XLM) is a blockchain-based distributed open source network designed for instant payment transfers. By accessing the underlying Stellar network, financial institutions, businesses and individuals around the world can achieve low-cost, secure and real-time capital transfers.