Stellar Lumens (XLM) Forum with for newcomers and contributor's rewarded Check here




   

At this point, it’s pretty clear that Blockchain technology has a potential to change the world as we know it. Already, there exist Blockchain applications that are testing out different innovations built on this revolutionary technology. In fact, a new report from Deloitte (an audit and consulting firm) indicates that Blockchain technology is set to be a critical ingredient in building consumer packaged goods. Basically, the report illustrates that there are over 50 use cases where Blockchain’s potential in the consumer packaged goods will have the most impact and that we might just be at the precipice of Blockchain becoming the operational standard of financial, consumer and manufacturing industries.
Invest in Blockchain or fail
With that in mind, it seems like the next five years are set to be a tipping point for most industries. The report further mentions that it’s a high time for businesses to start integrating this nascent technology into their systems or risk failing altogether.
Obviously, there is no need to re-invent the wheel. Already there are innovative solutions in the crypto space waiting for businesses to come onboard and build their own Blockchains with tailor-made business strategies depending on a variety of objectives. One such Blockchain platform that contains all the necessary tools and software for businesses to built supply chain platforms, smart contracts for high-quality money integration systems is Stellar Lumens.
Is Stellar the future of Blockchain?
Well, if you are talking in terms of connecting bank payments and building Blockchain enabled systems that move money quickly across borders while also allowing developers to build custom API; then you have to put Stellar in the picture. Stellar is an affordable alternative for businesses that want to integrate Blockchain technology into their systems.
With Stellar Lumens, you can send money across borders at almost no cost and within the shortest time frame. In fact, you can easily bypass costly forex exchange fees as the Stellar platform is built to accommodate different currencies as well. Instead of the usual 3 to 5 business days, you can transact within seconds thanks to stellar decentralized network.
In case you want to integrate Stellar’s Blockchain network into your own and configure the system with a customized decentralized network, it gets even easier as stellar avails all the tools your developers will need for free. Yes, that’s right; Stellar offers tools and software not to mention adequate documentation for integration of Blockchain into your system at no cost.
Stellar eradicating poverty
Basically, Stellar’s mission is to connect people to affordable financial services as a move to fight poverty and increase the potential of individuals across the globe. The platform is run by a non-stock nonprofit organization that covers its operational costs with 5 percent of the Stellar Lumens XLM coins and tax-deductible donations from the public.
In the long run, when it’s all said and done, businesses will have to adopt Blockchain technology so as to be able to provide the most efficient service to the consumer. As it seems, Blockchain technology is already at the forefront of creating efficiency in a variety of industries. Businesses that integrate Blockchain technology will not only be able to offer quality service at the lowest cost but will also increase transparency and accountability in their systems.
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Disclaimer: This article should not be taken as, and is not intended to provide, investment advice. Global Coin Report and/or its affiliates, employees, writers, and subcontractors are cryptocurrency investors and from time to time may or may not have holdings in some of the coins or tokens they cover. Please conduct your own thorough research before investing in any cryptocurrency and read our full disclaimer.

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[Image: shutterstock-agnes-water-qld-coast-738x410.jpg]



A brainwave from a local Agnes Water realtor has created "Australia's first digital currency town."

Agnes Water 1770 got its name from being on the coast, and from being the believed landing point of Captain Cook in 1770. Now it's standing out for a very different reason, billing itself as Australia's first digital currency town, in a bid to bring some travellers off the beaten track to the small township, about 5 hours north of Brisbane.

Its new title is earned by having Australia's highest concentration of stores that accept cryptocurrency. Although with a population of just slightly over 2,000, the coastal hamlet only needed a few shopkeepers on board to earn the title.

It all began when a client of local real estate agent Gordon Christian asked him how to process a bitcoin transaction, and he found himself unable to answer

Real estate purchases are one of the more common real world uses of bitcoin, often used when someone wants to close a deal and make payment fast and without paperwork, so this might be one of the clearer example of real world use driving wider cryptocurrency interest and adoption.

"I thought, 'This is something worth having a look at'," Christian said to ABC news.

After a gander, getting other businesses on board was relatively easy. It grew from there, and pretty soon the town had a solid plan of becoming a new destination for today's digital traveller.

"We started from the ground up, shared it with a couple of businesses and they were straight on board … I guess they were international travellers themselves and had heard of these types of payments... Initially we had a good 10 businesses that just said, 'Fine — let's go for it'."

The idea spread from there, and eventually the town had a solid plan around the idea of becoming a digital currency destination.

"The town has made a very strategic move in trying to appeal to a niche market to take perhaps some of those tourists … to come out to their little part of the woods," Christian said.

The plan centered around creating a full network of cryptocurrency payment options stretching from Brisbane airport to Agnes Water. The system was helped along by TravelbyBit and the NEM foundation, both of whom recently got together to turn Brisbane International Airport into a crypto hot spot.

It might make sense for travellers too, delivering a conceivable way of landing in Australia, exploring the destination and having an entire holiday on crypto alone, without the hassle of exchange rates, travel cards and similar.

Read More Read More, Posted by: crytocure
[Image: japan-isp-rewards-gamers-cryptocurrency.jpg]




According to an announcement on the company’s website, Japanese Internet Service Provider (ISP) GMO Internet is looking to incentivize online gaming and the spread of cryptocurrency adoption. The company, which offers a variety of consumer services including cryptocurrency trading, says that its new “CryptoChips by GMO” cryptocurrency will allow for advanced distribution of digital currency through game playing.

The token allows players to receive cryptocurrency for use as “secret pocket money.” The amount received by a user is based on his or her rankings within a particular game, as well as on the acquisition of certain items or completion of missions. In order to receive the crypto, the users must have their own cryptocurrency wallet. CryptoChips will only support Bitcoin (BTC) at first.

The first initiative for the project will launch in August through the ISP’s “Whimsical War” game. The game is a real-time battle strategy game where winning is contingent on the proper placement of characters on the battlefield. Individual players can team up with others, if desired, to engage in “tag team” combat in order to win. Players will receive BTC based on their rankings.

GMO Internet Group has been offering cryptocurrency trading and cryptocurrency foreign exchange service since May of last year. Last December, it announced that it had begun a cryptocurrency mining operation in “northern Europe.” The exact location was kept secret, but the company said that the location was chosen due to the high amount of renewable energy found in the area.

Three months ago, the company provided details on a two-year rental contract that would make its cloud mining operations available to miners. The contract is worth $5 million, which would be used to pay for electricity, equipment maintenance, land use and security. The mining operation is targeting Bitcoin Cash and BTC, and will be open to eight contracts a month.

GMO has embraced cryptocurrency more than virtually any other company. Apart from the other ventures, since February of last year, the company, through its GMO Clock foreign exchange (forex) brokerage, has offered forex services through its BTC wallet, GMO Wallet. Four years ago, it was an early adopter of BTC when it announced that it would provide BTC acceptance at all of its 48,532 Japanese merchants.

Read More Read More, Posted by: crytocure
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The New York Assembly may be sending out a crypto task force to investigate the current state of global cryptocurrency and blockchain utility and legislation.


The state of New York has been taking a very innovation-minded approach to cryptocurrencies and blockchain technology. New York has previously announced that it wishes to be a leader in the blockchain space.

New York is now seeking to establish some cryptocurrency rules and guidelines aimed to increase awareness and use of the new technology. To lead this effort, the New York State Assembly proposed launching a cryptocurrency task force that would investigate the technology and report back with specific information.

As specified by the document, the New York State Assembly expects the task force to report back on the following:

1. review of the impact of the department of financial services’ regulations on the development of digital currency, cryptocurrency and blockchain industries in New York state;

2. the number of digital currencies currently being traded and their approximate percentage of market share;

3. the number of exchanges operating in New York state and their average monthly trade volume;

4. the use of digital currencies’ impact on state and local tax receipts;

5. the types of investment entities that are large investors in digital currency;

6. the energy consumption necessary for coin mining operations and other policy considerations related thereto;

7. the transparency of the digital currency marketplace and the related potential of market manipulation and other illegal activities;

8. a review of laws and regulations on digital currency used by other states, the federal government, foreign countries, and foreign political and economic unions to regulate the marketplace; and

9. legislative and regulatory recommendations, if any, to increase transparency and security, enhance consumer protections, and to address the long term impact related to the use of cryptocurrency.

The New York Assembly expects the task force to report back on their findings on or before December 15th, 2019. It is likely that the crypto and blockchain space will change significantly between now and December 2019, so it is impossible to know how encouraging the task forces’ report will be.

However, with the current growth of the space, it is likely that New York will continue their positive approach to the industry. On the other hand, it is doubtful that they will appreciate the answer to their environmental impact question. Read about Bitcoin’s absurd geological footprint here.

Read More Read More, Posted by: crytocure
[Image: Monaco-Banner-696x348.png]




As cryptocurrency prices have skyrocketed and crashed repeatedly since the inception of this technology, virtual currencies have come to be seen more as an investment class, rather than as a medium of exchange.  Arguably, this trend goes against Satoshi’s vision of a peer-to-peer electronic cash system.  Admittedly, though, financial instruments characterized by such extreme volatility are unsuitable for use in day-to-day commerce.  Moreover, despite the fact that merchant adoption of cryptocurrency is rising, it is still not feasible to use cryptocurrency for every transaction.

But what about those of us who wish to be all in on crypto, or who are paid in crypto, but also need a way to spend their funds as life requires?  We can charge our expenses to a credit card and liquidate crypto as needed at the end of the month to pay our bill, but what if the market crashes and we’re stuck with a bill we can’t pay?  Alternatively, what if we sell a large portion of our holdings at the beginning of the month for spending money right before a rally? 

Solving this exact problem is the goal of Monaco, an ambitious company that is attempting to the bridge the gap between crypto and the traditional payment infrastructure through the Monaco Card and Monaco Wallet app.  The Monaco Visa Card is a debit card that allows customers to load up funds by selling their crypto holdings on the Monaco app.

Currently, the app and card support four cryptocurrencies—bitcoin, ether, Binance Coin, and the Monaco Token (MCO), and seven fiat currencies—USD, GBP, EUR, HKD, SGD, JPY, and CAN.  Monaco also has plans to release a credit card which will allow users to borrow against their crypto holdings.

At Consensus 2018, we spoke with Bobby Bao, the Co-Founder and Managing Director of Monaco, and Eric Anziani, the Senior Vice President of Group Strategy, about their products.  Anziani told us, “Our vision is to power the future of money and to put cryptocurrency in every wallet.”

Several other products are in development at Monaco.  They are currently working on an automated cryptocurrency investment platform called Monaco Auto Investwhich will manage customers’ crypto holdings autonomously based on each customer’s investing goals and risk tolerance.

The company has also created Monaco University to teach people about digital currency and blockchain technology through written guides and short informational videos.

We asked about Monaco’s experience working with Visa, to which Anziani explained the process.

Quote:
“What’s important to the traditional fintech players like Visa is a clear distinction between the cryptocurrency services and the fiat services.  If you say ‘we can manage the crypto, will you help us with the fiat?’ then it’s easy to work together.”

Monaco had one of the most successful ICOs of 2017 with their MCO token, raising approximately $26.7 million. When asked if they had any advice for companies looking to fundraise via a token offering. Bao replied, “The best piece of advice I can give to a company [looking to launch an ICO] is ‘listen to your community.’  Cryptocurrency is community driven.  You have to talk to people, not just online but offline, face-to-face.  You have to be real.  The great thing about being a cryptocurrency company—you’re a startup, but you’re also public.  It feels like a family—you do business together.”

We also asked whether they believed their product was helping to address some of the barriers to entry into the crypto space, Anziani gave his views on adoption and what’s required to increase adoption.

Quote:
“Less than 1% of the global population holds cryptocurrency.  Access and usability are really two major challenges that are still present in the space.  With our product, we are trying to tackle those challenges head-on.”

Read More Read More, Posted by: crytocure
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This beginner’s guide to cryptocurrency investing was written by Bob Loukas, founder of Bitcoin.Live, an educational platform for aspiring cryptocurrency traders.


Trading in cryptocurrencies and awareness of the cryptocurrency market remains to be more widespread in mainstream media, with numbers that continue to rise on a daily basis. In the past few months, the cryptocurrency market has grown swiftly from $11 billion USD to the huge heights of $795 billion USD.

With around 1,400 cryptocurrencies currently available and more ICOs being made every day, the market is proving more difficult than originally anticipated, especially for traders. The purpose of our platform and our experts is to take away the uncertainty of crypto trading and provide traders with dependable advice that can help people at any level.

Kicking off with the basics, cryptocurrency is a form of digital currency that has been considered to be incredibly secure and anonymous, with every coin being inimitable – once a coin is spent, it is certified on a network which creates a public record of the transaction, which is called a smart contract. This prevents the same crypto from being used twice by the same person or organization. However, it is worth noting that not all currencies are anonymous. Although there are a handful of ‘privacy’ coins that offer anonymity, other currencies such as Bitcoin are not and therefore transactions can be traced back to an online identity.

Buying cryptos is also becoming increasingly easy. They are available online on many exchanges, however they do have to be purchased using a cryptocurrency wallet which is a program that will safely hold and record all your cryptocurrency. Every day more retailers begin to accept cryptos and currently they can be used both on and offline. This now includes retailers such as Apple who now accept at least 10 different cryptos as a form of payment source on the App Store.

[Image: scraping-the-bottom-trading.jpg]

If you are a beginner trader, a cryptocurrency exchange will no doubt be where you’ll spend most of your time. It is on there that crypto owners trade their cryptocurrency for other digital currencies, or for fiat money – GBP, USD, etc. However, it is important to find one that works for you and provides you with the insight you need to monitor, trade and buy your crypto.

Finding your preferred cryptocurrency is something that is something that is completely up to each trader. Often, consumers like to take their first tentative steps into the crypto market by purchasing a currency they have no doubt heard of before, such as Bitcoin or Ethereum. However, it is key to do your research and know what ICOs (Initial Coin Offering) are happening and whether the project is viable – if it’s not, then it’s not worth your money as you could end up with nothing. This is where we need to be mindful of crypto-scams.

When trading any commodity, including cryptocurrency it is important to be mindful of scams. There is no clear indicator for when a project or coin might be fraudulent but there are a few red flags to be mindful of. Any reputable ICO project will have a detailed whitepaper document which notes everything you need to know about the campaign. If this is not readily available then you should ask yourself why. To this effect, it is once more where research becomes a great tool. Look into who the team is behind the project, what is their experience and what are they hoping to achieve.

 Scams and crypto thefts are increasing and are becoming more widely documented, and so we are seeing crypto exchanges beginning to form self-regulating tightening their procedures to ensure continued growth of the market and give its users a sense of stability and trust.

That said, there are of course benefits to investing in cryptocurrency. Unlike fiat money (your regular currencies such as USD, GBP, Yen, etc.), cryptocurrencies are not regulated by a bank, governing body or financial authority. Instead, cryptocurrency relies on the power of the internet to guarantee its value and confirm transactions. Cryptocurrencies tend to have a lower inflation risk meaning there is less chance of the currency collapsing.

The key with all cryptocurrency and crypto investing is to do your research. Ensure you know the company behind the currency and that it is a legitimate means of making money, and not a get-rich-quick money making scheme.

Read More Read More, Posted by: crytocure
what is the inflation pool and how do i use it?

Read More Read More, Posted by: Cryptospheryst
Hey, new to the mystellar page and community, was just wondering if anyone could help me out and point me to a few good stellar generating opportunities.

Hope to hear back soon and thanks

Read More Read More, Posted by: Cryptospheryst
i just finished up my ATM software to be able to exchange crypto at ATM machines been testing with several tokens .
how many lumens do i need to create 15000 tokens to use for the testing on my software and hardware?

Read More Read More, Posted by: Interstellar-Aerospace
[Image: Bittrex-exchange.jpg]



According to CNBC and other news sources, the Bittrex exchange, which is a cryptocurrency exchange market based in Seattle, Washington, will now permit investors to purchase cryptocurrency directly using U.S. dollars instead of first converting them to Bitcoin. In the past, to purchase digital coins on Bittrex, investors first had to purchase Bitcoins with dollars and then swap thos Bitcoins for other desired cryptocurrencies. This ability to purchase digital coins directly with U.S. currency will make the cryptocurrency market easier and more efficient to use and may draw more investment in time.

This makes Bittrex the second exchange in America that allows cryptocurrency to be bought with dollars, the first having been the California-based Coinbase. To make the direct purchase of cryptocurrency possible, Bittrex has had to cooperate with U.S. agencies to unravel the regulatory maze that surrounds the currencies. The ultimate goal of Bittrex’s CEO and founder Bill Shihara is to expand access to U.S. dollar trading, help to release capital, and possibly divorce the crypto market from Bitcoin so that other cryptocurrencies are not so closely tied in value to it.

The recent change will allow investors to purchase a variety of digital coins, almost 200 different types in all. Coins include BURSTcoin (BTC), Nexus (NXS), Tether (USDT), TrueUSD (TUS), OmiseGO (OMG), and many others. The ability to swap out dollars for cryptocurrency is not yet open to all investors, however. Bittrex is testing the concept with a small group of investors first to make sure that its system can process such exchanges efficiently.

Now considered to be a global leader in the “blockchain revolution,” Bittrex was founded in 2013 by three security professionals from Microsoft. It is currently the thirteenth largest cryptocurrency exchange in terms of trading volume and the first to list TrueUSD, a coin backed by U.S. dollars that is supposed to be pegged to the value of the dollar, though it has sometimes increased in value of up to thirty percent over the dollar. With this recent move, Bittrex continues to be an innovator in the blockchain industry.

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[Image: Stellar-1.jpg]

Source: Pixabay


Stellar Network has seen a huge shift in the number of accounts opened over the past 6 months. On January 1st, 2018, the accounts were 244518 and on June 1st, 2018 it recorded 475789 which crossed the 300k number in comparison with their timeline from November 1st, 2015 up until December 1st, 2017 which saw a rise of 100k accounts.



[Image: Stellar2.jpg]
Stellar Accounts Statistics


This growth comes after a series of announcements, change in the infrastructure, and tie-ups with trading platforms, some of which are the following:


LALA + Stellar Protocol: On May 21st, 2018, LALA ecosystem, enabled by LALA wallet announced its strategic integration with Stellar Network for LALA Transfer, a cross-border money transfer, and remittance business. Stellar’s infrastructure aids cross-asset transfers of value, such as remittances and micro-payments, making them faster, more efficient, and less costly.


LALA world commented:


Quote:Stellar’s ability to revolutionize the transition of funds between parties, hence significantly revolutionizing the trade, has made it a default choice for LALA World.

Stellar implementing Lightning Network: On May 19th, 2018 Stellar Network team announced that they will be integrating with the Lightning Network making Stellar the first project to integrate since the launch of Lightning Network’s Beta version.

Lightning is an ascending solution for distributed payment networks, originally proposed for Bitcoin Blockchain. The design allows the users to make payments through routers and hubs.


Commenting on this Jed McCaleb, Stellar’s Founder said:


Quote:“Now that it works in bitcoinland, that will make things move faster for us,”

Kin+Stellar creating a hybrid solution with Ethereum: May 2018, the team at Kin foundation had decided to fork from the Stellar blockchain to increase transaction speed and processes on the blockchain, however, due to different roadmaps and goals between Kin and Stellar, the Kin Developers have decided to fork from the blockchain and still retain the working relationship with the Stellar organization.


Bitfinex introduces Stellar: On May 1st, 2018 Bitfinex started trading for Stellar against BTC, ETH, USD, GBP, EURO, and JPY. Bitfinex provides access to peer-to-peer financing, an OTC market and margin trading for a wide selection of digital assets

.
IBM and Stellar: IBM choose Stellar to develop a blockchain-based cross-border payments solution proven to significantly reduce transaction costs and increase transaction speeds.



[Image: Stellar.jpg]



Jed McCaleb commented:


Quote:“This new innovation and collaboration represents a significant milestone for Stellar as well as the financial technology industry as a whole”

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Looking for a new career? Check out the crypto industry.

It can feel like a new cryptocurrency is popping up every hour, and that’s because they basically are. There are more than 1,500 tradeable cryptocurrencies. In 2017 alone, there were between 2.9 and 5.8 million people using crypto wallets throughout the year, compared to 0.3 to 1.3 million in 2013. There’s a $320-billion-plus market cap across all cryptocurrencies today.

It’s safe to say, the crypto market is growing. While this growth has helped some people strike it rich, it’s also benefited the job market. Between December 2016 and December 2017, there was a 207 percent increase in job postings for Blockchain positions on Indeed.com.

While the term “crypto career” might bring to mind technology and engineering professionals, there are a variety of jobs within the field, ranging from full stack developers to compliance officers and community managers. If you’re interested in one of these crypto careers, it might be a good idea to move out west. Unsurprisingly, the tech-savvy state of California employs nearly 30 percent of the country’s crypto employees -- the most of any state. Of course, if moving across the country is out of the picture, another 15 percent of crypto jobs in the U.S. are remote.

To learn more about crypto careers, check out CoinList’s infographic below.

[Image: 1527691169_crypto-careers-infographics.j...1526611240]

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Your guide to traveling the world on cryptocurrency


Two years ago, Felix Weiss, a software developer, inspired awe from the entire cryptocurrency community when he traveled the world for 18 months using only bitcoins. As more businesses around the world appear to accept cryptocurrency payments, I wonder if repeating this feat is easier now in 2018.


I tracked down travel services accepting cryptocurrencies to see how luxurious or humble your travel experience would be if you decide to take the Weiss route.

Booking your flights

There are multiple airline booking services that accept cryptocurrency payments. CheapAir.com, a US online travel agency, was the first to start accepting bitcoins in 2013. The flight booking service currently also accepts Litecoin, Bitcoin Cash, and Dash payments.
Today there are multiple other services who do the same, such as ExpediaBTCtrip.comDestinia.com, Japan’s Peach Aviation, California’s Surf Air, and Latvia’s airBaltic, and A Bit Sky.

Finding a place to stay

This one isn’t hard. Most of the travel agencies (including Expedia, Destinia, CheapAir) that let you book your flights with cryptocurrency also let you book accommodation. Airbnb-like services such as 99flats.com and cryptocribsalso let you pay in cryptocurrencies for your accommodation. Depending upon which part of the world you are traveling to, finding a place to stay shouldn’t be too hard.

Eating with cryptocurrencies

This one is a little tricky. While you can book your flights and accommodation online with services that accept cryptocurrency payments, for food you will need to track down local restaurants that will accept your digital gold. There are only scattered restaurants and cafes around the world that accept cryptocurrencies, such as the Suryawanshifamily restaurant chain in Bangalore, India or La Sirene in Manhattan. Try using CoinMap to see if any restaurant near you accept cryptocurrency.

If you don’t have any luck, there is still the option to buy food coupons with cryptocurrencies from services such as Gyft or eGifter. Local exchanges in some countries also give you an option to buy gift cards with cryptocurrencies, including coupons for food.

Shopping

Shopping with cryptocurrency is not nearly as difficult as buying food. Use CoinMap to find the stores accepting cryptocurrencies around you, which are far greater in number compared to restaurants.

If you end up at Brisbane International Airport in Australia, all the merchants there already accept payments in cryptocurrencies.
While some online stores such as Overstock.com and Shopify-based stores accept cryptocurrency, shopping at local shops for a souvenir might be difficult.

What if you are stuck in a situation where no one is taking your cryptocurrency payments and you have no cash? Your last bet is to find a cryptocurrency ATM around you and cash out your cryptocurrencies!

The number of businesses supporting cryptocurrencies has increased greatly, making it far easier to attempt the Weiss challenge, but it remains a challenge to travel with nothing else.

So, cryptocurrency nerds, are you ready to try the Weiss route?

Read More Read More, Posted by: crytocure
[Image: images?q=tbn:ANd9GcTOVLqEXq95AyJjl4kS_Yv...Ct-6l_8jmw]




The simplest distinction between Ripple (XRP) and Stellar (XLM) has been that the former was developed to transform the banking and financial sector by making cross-border payments faster, and cheaper. The latter, on the other hand, arose out of the need to solve the shortcomings witnessed with Ripple. So, it could be that these are two sides of the same coin.
However, a lot has since transpired to set them apart, even if transforming the payments and money remittances remain their core business.


XRP vs. XLM- what the market looks like

Ripple (XRP) is ranked 3rd in terms of market capitalization, currently at $24.11 billion. The coin is trading at $0.61 against the USD and has seen a total of over $265 million of its coins traded in the last 24 hours.  Its all-time high price is $3.84 reached on January 04 (CoinMarketCap). The last three months have been tough on crypto assets and XRP happens to be one of those that suffered greatly. Compared to the current value, the coin has lost about 31%. Even then, the token retains the potential to make further gains towards a new high.


Stellar (XLM) is ranked 8th on the market and has a market cap of $5.4 billion. Its latest trading value is $0.29 against the US dollar. Over the last 24 hours, a total of about $80 million worth of Lumens have been traded. The lumens all-time high price is $0.91 reached on 3rd January. Like the rest of the market, the XLM has also lost value. However, over the last three months, Stellarlumens have performed slightly better, dropping by just 5%. Though it may seem better, the coin has gained much either.


What could work for Stellar (XLM)?

Much of what Stellar needs to do heavily rely on the magnitude of support it eventually gets from its biggest partner IBM. It’s the best possible route for the coin towards mass adoption, something that could make XRP struggle. If the tech giant succeeds in taking XLM to the banks, then it could hurt Ripple’s chances of completely dominating the space.

At the moment, the platform has a positive public investor about it, helped more by the fact that it’s viewed as being more decentralized than Ripple. This can be an asset as it tries to win over more partners. Especially important will be its commitment towards finding a working financial solution that would bring in third world countries. If it conquers the unbanked who have no access to banks, then that can help push it towards global adoption.


Stellar could also profit from the positive sentiment around it and the fact that it’s seen as a safer bet of the two. While its growth is somehow slower, it represents a lower risk and many investors could pick it up as a hedge against other coins.

What’s Stellar’s challenge?


The main problem is that Ripple too has some momentum going and it won’t be wise to write it off. The efforts of the team in gathering global partners can’t be matched by the Stellar team. Although any bull run may favor XLM, it still has a lot to do in terms of market presence. Even with a kind of negativity about it, the coin does have its own advantages, especially with recent developments on its xRapid technology. So, the challenge is for Jed and team to establish a market presence and ride on the euphoric sentiment that its community exudes.

Who has the edge- Ripple or Stellar?

Ripple appears to have an edge in terms of the fact that it has a larger market cap, higher price value, and higher daily trading volume. However, Stellar’s growth potential means it could catch up if it gathered enough momentum.

The one thing to note is that the two coins have developed to have different purposes. And this could give XLM an edge towards global adoption.

XRP is targeted at multinational payment providers and banks while Stellar wants to reach the millions of unbanked individuals.  It means that lumen does need to get momentum from somewhere else if it has to catch Ripple.

The potential is definitely there, but does it have the steam to last the mile?

Read More Read More, Posted by: crytocure
[Image: Stellar-XLM-Ripple-XRP-Replace.jpg]




As we know the crypto sphere, there are several coins in the market competing to conquer the same target; one of the reasons why most of the times we tend to confuse or relate a coin with another. In this matter, there are plenty of cases like this in the sector, but one that has mainly been sounding since so long is the case of Ripple (XRP) and the Stellar Lumens (XLM); two coins with great potential and under the gaze of many people in the industry.

Much has been said regarding whether Ripple (XRP) or Stellar (XLM) would be the coin that finally manages to seize the market and become a global solution, but are they really that comparable? For the one hand, we know very well that Ripple envisions to become a solution for the banking sector, and on the other, we understand Stellar was actually built to resolve the problems Ripple has shown, so are we talking about the same purpose? If so, which coin is going to get it first? Let’s see how it goes!

The current market for both cryptocurrencies

As of the moment Ripple (XRP) figures as the number 3 coin in the market according to Coinmarketcap. It has a market capitalization of $24,425,927,006, a value per coin of $0.62245, and a total trading volume of $263,052,000 in the last 24 hours.

Just like the other coins in the market, the cryptocurrency has been suffering notable dips in the last couple of weeks (just turned to greed today as it increased in value by 1.70% in last 24 hours), even having right now a value 31 percent lower than its highest of back in January when the coin was valued at the historical price of 3.84 against the US dollar. However, experts prognostic that the coin is incredibly likely to go bullish in the near future overcoming the current panorama of the sector.

On the other hand, we have Stellar Lumens (XLM), a crypto that according to Coinmarketcap is in the position number 8th of the market. Stellar possesses a market capitalization of $5,404,601,916, a value per token of $0.29089, and a total trading volume in the last 24 hours of $61,737,600.

In this matter, it seems like Stellar has a better position. Even though its main counterpart Ripple, has a bigger market cap, Stellar Lumens have behaved better in the current bearish moves of the market. In fact, the Stellar token has only decreased a 5 percent compared to its highest value also reached in January of this year.

Partnerships of the tokens

Both Ripple (XRP) and Stellar (XLM) are fighting closely in order to get global. In this matter, although both of the coins have managed to engage with powerful connections, one that is particularly remarkable and potential is the one that Stellar has with the giant of the technological and consulting, IBM.

Like this, if the joint efforts deliver results, Ripple may be at a checkmate position, as Stellar may get sooner to the top and become the global solution Ripple is aspiring to. In addition, Stellar has become a very reliable token, despite its slow growth the coin represents a safer choice of investment and that’s for sure a disadvantage for Ripple (XRP) against Stellar (XLM).

Nevertheless, a significant move that simply can’t be left behind is the outstanding global partnering labor Ripple (XRP) has been doing, a fact that can’t be matchable, not even with the amazing collaboration of IBM and Stellar. In fact, even though the Stellar coin seems to behave better in market terms, when it comes to the presence in the industry Ripple has the lead, even more with the recent developments on its product xRapid, a solution for liquidity in the financial sector.

Conclusion

Each one of the cryptos seems to have the edge from a certain point of view. For instance, Ripple (XRP) has the lead if we count the presence of the market, the market capitalization, value of the coin, trading volume, and such.

But if on the other hand, we take a look at Stellar (XLM) the Lumens seem to be more reliable and because of that more worthy of investment, and this without talking about the immense possibilities of the partnership with IBM, a fact that for sure is an amazing advantage.

Nonetheless, both have chosen to reach different goals. In the case of Ripple, the banking sector, and in the case of Stellar, unbanked individuals. In this matter, it seems easier for Stellar to become global; however, this will only happen if it manages to have great momentum.

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