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Do you believe cryptocurrencies will replace the legal tender one day?

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Stellar is an open source license for money transfer, running the client software through the server to achieve protocol operation and connecting with other stellar servers for communication, which forms a network for global value exchange. Each server stores the record of all “stellar accounts” on the network, which are stored in a database called ledger. The server amends the ledger by making a transaction and transfers funds from one area to another by paying the balance of the account or changing the property of the account. When stellar was just launched, XLM was based on the protocol of Ripple. However,  after several times of modifications to the key consensus code, XLM network has forked. Afterwards, the co-founder of stellar, Joyce Kim claimed that this is a defect in the Ripple protocol. The Stellar Development Foundation then created a new protocol based on the new code. XEM price  today had a decreasing trend in general. By 22 nd , May, slumping by 5.16%, the price r
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Why did IBM choose Stellar?

Stellar( XLM ) is an entirely decentralized consensus network with a built-in decentralized exchange that supports all kinds of cryptocurrencies and assets. It seems nothing special about stellar  from the profile, but why did IBM choose it rather than other Gateaway-Coin? It must have its advantage. It is obvious that Ripple prevails in the battle of Stellar vs Ripple   about the agreement . A financial agreement is worthless without banks, users and international ports. However, Ripple is far-sighted, because it has joined NACHA and recruited Chris Larsen and Prosper from E-loan. What ’ s more, Ripple obtained the usage agreement of the German bank, Fidor. Adapting to the current financial system, Ripple succeeded, but why did IBM choose stellar? Stellar Network is developed based on Ripple, which was improved according to the technology of Bitcoin and Ripple, especially the consensus mechanisms and verification algorithms. The node performance to operate the Stellar network
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How dose NEM influence our life?

NEM, New Economy Movement was started on April 1st, 2015 by Utopian future and is the first digital asset developed using the test-driven development model. NEM cryptocurrency  is a peer-to-peer virtual currency. The source code is 100% original. NEM is widely issued and its blockchain adopts a completely new synchronous solution. NEM uses the importance proving PoI consensus mechanism. According to the transaction quantity and active degree and such dimensions to decide who has the right to bookkeeping. Its total amount is 9 billion. And all the new currency will be issued at the beginning of the release. So each new block will not generate new currency rewards. The block rewards will only be transaction fees. The feature of XEM  are as follow. 1.  High collection value The amount of XEM coin  is invariable, and will never inflate. 2.  Convenient trading Its TPS is high, and the carry capacity is strong enough to handle the trading. 3.  High efficiency The operation
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Why did you invest stellar?

Created and amended based on Ripple code, Stellar is a basic digital currency in stellar payment network, whose English name is Lumens. Released on August 1st, 2014, the total amount of   Lumen  is 100 billion, which increases by 1% each year. 50% were distributed globally through direct distribution programs; 25% were allocated to non-profit organizations through increasing coverage schemes to benefit the people who are short of financial service; 20% were allocated through Bitcoin plan, while 5% were kept to operate stellar coin . As a payment network, stellar is relatively successful, and its system is the key to be recognized internationally. Currently, several non-profit organizations and enterprises in the world are using Lumen as a financial infrastructure. For example, Praekelt Foundation, which will integrate XLM into Vumi, will save the airtime of young girls in sub-Saharan Africa. Oradian, a cloud computing bank software company, also plans to connect microfinance insti
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The development of stellar in 2018

Although crypto enthusiasts  and investors has been paying attention to the cryptocurrency market, their may lessen their interest in it because the markets is unstable, which has become the common trend of cryptocurrency market. That is the reason why crypto enthusiasts  swing from optimism to hesitation. It was reported that after weeks of decline, the trend of rise at the end of March suggested the active and stable development of crytocurrency market. Many people predicted that stellar  would perform well in 2018. According to the official website of   stellar , it is a decentralized network, which can connect the payment procedure, bank system and client. Stellar was established in 2014, devoting to eliminate poverty and tap everyone ’ s potential maximumly. Blockchain technology began to use stellar coin  with low cost, whose name is lumen , to apply to a variety of charities. Stellar also tends to give up 95% of the amount of its currency. Here is the   XLM  price today
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What is lumen and how will it develop?

The token used in Stellar  is called Lumen . Users can regard lumen as basic currency, as well as transfer any account of legal tender, such as US dollar and RMB. It just takes a few seconds to confirm the deal, which is fast and convenient. XLM  is a new-type currency similar with bitcoin. It also is a payment network, which can support the payment of any traditional currency or digital currency, including US dollar, Peso, Euro and Bitcoin. Users can pay by any currency, while the network will convert it to another currency automatically. It is like a online platform for currency exchange, but many people doubt the authenticity.   It is announced officially that lumen is issued for free to attract more people to enter the field of cryptocurrency. However, it is still unknown that how will stellar  develop in future. Is it a value-added currency? It may up to its amount of usage and if the network that it relies on can operate smoothly.
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