Network Token
Stellar (XLM)
Stellar is a platform that connects banks, payments systems, and people. Integrate to move money quickly, reliably, and at almost no cost. Stellar enables users to transact securely and without borders using XLM. Backed by tech giant IBM, Stellar is poised to take over the financial industry for both small and large transactions with extremely small fees and super fast transaction times (2-5 Seconds)
“The distributed Stellar network is made up of servers running the Stellar Core software. These servers are maintained by different individuals and entities. Stellar Core maintains a local copy of the network ledger, communicating and staying in sync with other instances of Stellar Core on the network.”
Buy & SellConcerns
- A unique business model but does relate to competitors such as Ripple & Nano
- Locked up supply is controlled by the SDF. Trust is in them to not mismanage funds and distribute properly.
- Marketing is lacking. Developments are happening but very little communication to token holders.
Official Links
Token Details
Token Type
Network Token
Powered by the Stellar Network. XLM Can be stored on any compatible wallet e.g Stronghold
Token Statistics
Supply
• Ticker: XLM
• Total Supply: 103,788,040,162
• Circulating Supply: 18,548,926,224
• Token Use: Currency & Fees.
Founders
The Team
• Bartek Nowotarski (Developer)
• David Mazières (Chief Scientist)
• Jed McCaleb (Developer)
• More
