Stellar is a cryptocurrency that aims to settle financial transactions through a peer to peer network. it uses the lumens tokens and aims to compete with the other settlement infrastructure platforms in the crypto system. The creator of the platform was an ex-Ripple executive and the blockchain of XLM itself is a hard fork of the XRP chain.
The original goal was to disrupt the existing financial system and by using XLM lumens, the financial transactions are settled through a fast peer to peer network. the Ripple hard fork stands on its own with huge partners such as IBM, making Stellar a high-potential blockchain to watch out for.
In our Stellar for beginners guide, we are talking about it as a cryptocurrency as well as a platform that is built on blockchain technology. A lot of people are trying to understand what Stellar is and what benefits it brings to the table. If you are new to the entire concept, it is safe to say that XLM is one of the most popular cryptocurrencies and the biggest altcoin by market cap.
This XLM for beginners program is designed to help everyone see why it was created, what is its main purpose and how people use it to buy and sell various things. In the guide, we are talking about everything from the creation of the project to the people behind it, the team working on the blockchain and the computer software which XLM uses as well as many other details in the technical field of this cryptocurrency.
Start Here: Learn The Basics Of Stellar Lumens (XLM)
Our guide shows this in detail, outlining the different ways in which the Stellar team is working on online computer systems to run the network without using any third party. Basically, the goal is to compete with the other traditional financial institutions and other cryptocurrencies with the same idea.
Our Stellar Lumens Guide Will Teach You:
- Who created it and what was the main purpose
- The purpose of creating Stellar Lumens and the main idea behind the cryptocurrency
- How XLM succeeded and became one of the altcoins with the largest market cap
- Who runs the XLM network and how is it secured
- How many XLM tokens are currently in circulation
- Why is Stellar trying to disrupt the financial ecosystem
- What makes Stellar different compared to Bitcoin and other cryptocurrencies
- What is an XLM token
- What are XLM wallets
- How can you buy XLM
- Where can you learn more about Stellar
- Where you can find the main project repositories for XLM
Are you ready to learn more about this amazing project? Click the Curriculum tab and start learning everything about it in our full Stellar Lumens education program!
- Lectures 14
- Quizzes 1
- Duration 33 hours
- Skill level Beginner
- Language English
- Students 7959
- Assessments Yes
Stellar For Beginners
Stellar For Advanced