STELLAR / XLM / STR
What is Stellar?[CENTER]"Stellar is one of a new breed of tech non-profits whose ambition is for technology to help solve some of the world’s most intractable problems such as global poverty and climate change."
- Wall Street Journal -
“Because the local MFI network plugs into the wider network of Stellar machines, it will let Nigerians swap money with potentially anyone in the world.”
- Wired -
“A ‘giant translation layer’ for money, allowing easy and cheap transfers between any pair of currencies, whether fiat (such as the dollar), digital (such as bitcoin) or notional (such as cellphone talk time)”
- Quartz -
Stellar (XLM) is a completely decentralized consensus platform. It is designed to support any type of currency. It has a built in decentralized exchange that can be used to trade any type of currency or asset. Stellar is a platform that connects banks, payments systems, and people. Integrate to move money quickly, reliably, and at almost no cost.
What decentralized means?
A decentralized network consists of peers that can run independently of each other. This means that the Stellar network does not depend on any single entity. The idea is to have as many independent servers participate in the Stellar network as possible, so that the network will still run successfully even if some servers fail.
What are Lumens?
Lumens are the native asset of the Stellar network. Native means that lumens are built into the network. Asset is how the network refers to an item of value that is stored on the ledger. One lumen is a unit of digital currency, like a bitcoin. While you can’t hold a lumen in your hand, they are essential to the Stellar network—they contribute to the ability to move money around the world and to conduct transactions between different currencies quickly and securely.
What is XLM/STR?
XLM is shorthand for lumen. Most currencies have 3-letter codes (USD, EUR, AUD, BTC) as an international standard. STR stand for Stellar before it finally changed to XLM.
How about the current XLM rate?
XLM rate is fluctuative. To know the current rate of Stellar, you can check Coinmarketcap.
How can I get XLM?
You can get XLM by buying or get it free by joining the giveaway.
Where can I buy XLM?
You can check on Coinmarketcap. There will be a list of exchanger that are open for stellar trading. So far, Poloniex is the leading exchanger with high volume trading of STR/XLM.
How to get XLM for FREE?
You can join the giveaway, contest, or microjobs on Mystellar.org Forum. There are many giveaway such as paid to post, paid to promote, referral, an so on which is easy to be done and claimed. You can get hundreads, or even thousands XLM per day just by joining the giveaway.
July 15th 2016 - 1 XLM/STR = 0.00000292 BTC
May 19th, 2017 - 1 XLM/STR = 0.00002415 BTC (almost 10 times increased).
For your motivation,
On May 22nd, 2010, Laszlo Hanyecz bought 1 Pizza for 10.000 BTC. Yes ten thousands of BTC.
And now, 1 BTC = 1900 USD