Cryptocurrency Q&A What is Stellar?

What is Stellar?

Alessandra Alessandra Thu Dec 05 2024 | 6 answers 1068
I recently heard about something called Stellar and I'm curious to learn more about it. Could someone please explain what Stellar is, its background, and how it works? I'm particularly interested in its use cases and how it differs from other similar platforms. What is Stellar?

6 answers

Daniela Daniela Fri Dec 06 2024
Lumens (XLM) holds a special status as the native currency of the Stellar network.

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TaegeukChampion TaegeukChampion Fri Dec 06 2024
The organization's inception can be traced back to Jed McCaleb, a key figure in the cryptocurrency space.

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Raffaele Raffaele Fri Dec 06 2024
This digital asset serves as a versatile medium, facilitating the conversion of various currencies within the network.

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Sara Sara Fri Dec 06 2024
McCaleb's journey led him to leave Ripple in 2013 due to fundamental disagreements regarding the company's future trajectory.

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GeishaElegance GeishaElegance Fri Dec 06 2024
Users can utilize Lumens to pay for transaction fees seamlessly.

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