Stellar Lumen up and rising "Megaforce"

With growth and developement advances, Stellar Lumen is hoping to become the next Crypto Megaforce by banking the unbankable.

Good evening everyone, Unity here again today with a short report on Stellar Lumen also known as XLM. It has a current market cap of around $5,250,000,000 USD, a current circulating supply of 18,559,988,971 XLM, and a total supply of 103,867,241,052 XLM. It has been ranked as one of the most popular coins through the last year. This coin started back in 2014 and had broke into the top 10 coins regardless of its low exchange rate. You can purchase Lumens on any of these known markets and exchanges.

Stellar Lumens (XML) takes a big leap due to IBM’s contribution. Now rated at #15 in total market cap at coinmarketcap, the Stellar project expects major attention in 2018. IBM contributed to this project through 8 new validators spread across the globe as seen below.

Image 1 – IBM’s validators of Stellar Lumens. Source: https://oracletimes.com/stellar-lumens-xlm-ibm-provided-fresh-new-validators-expectations-f

This partnership with IBM, Forbes #19 top companies will indeed bring them visibility.

Recently announced on their website, claims of a new partnership with Remitr, a global platform for cross border payments, licensed in Canada. After Joyce Kim a co-founder for the Stellar Lumens (XML) made some exciting appearances on social media, the project shows progress all over the pacific rim. 

One of the reasons for this coins low rate has been how the coin is used and its very purpose. Stellar started as a fork off of Ripple, also known as XRP. XLM was created with the purpose of charging low fees at next to zero percent for cross-border transactions. So it is no coincidence that XLM and XRP are similar in functionality and their platform basics. With some of the basic info we have touched on about Ripple (XRP) vs Stellar (XLM) here is an article that touches on another writer’s opinion of which coin has the brightest future. 

Global Coin Report recently made a report that was released on April 6th and was titled “Stellar plans to tackle down Ripple and Ethereum with its Lumens (XLM)” 

I found it to be a very informative article and they touch a bit on technical information and current events I've mentioned today here in our article. But as always we suggest you do go out and make the proper advances in research for yourselves as well. Don't just go off of our opinions, we are not financial advisors or in the market for our financial investments, but as another guide to base your own analysis off of.

One of the differences between Ripple and Stellar is that XRP is for profit whereas XLM is a non profit organization. Stellar was founded by Jed McCaleb creator of eDonkey, and Kim Joice who is an experienced financial investor. This project’s purpose was never to make money, but instead to help assist in allowing anyone to be able to transfer money from person to person. With this platform you could also transfer money from a person to any program, to another person without the necessity of a bank account. This helps give access to  money from across the globe to lower class or poor people without bank accounts.

For a better idea of how money flows through the Stellar network check this video out:

In Bitcointalk.org they go into the features, Specifications, and Coin Distribution as described below.

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.
Features & Specifications

1. 3-5 second confirmation time
2. Supports thousands of transactions per second
3. Can be used to send or trade any currency, asset, or token.
4. Open-source
5. Uses SCP rather than Proof of Work. Whitepaper
6. Simple, clean API
7. Multisig and smart contracts
8. Decentralized distributed database
9. 100B XLM created initially
10. 1% fixed annual inflation
11. Coin DistributionSince the Stellar network doesn't use mining, all the coins exist when the network starts. The majority of these are held by the non-profit Stellar.org. Stellar.org is distributing the coins in the following way:
12. 50B XLM: to be given in small increments to as many people as possible.
13. 25B XLM: to be given to other businesses and non-profits to reach people that stellar.org wouldn't otherwise be able to reach through the Direct Signup program.
14. 20B XLM: to be given to bitcoin and XRP holders (announcement about the details of this coming soon)
15. 5B XLM: retained by Stellar.org for operations.
16. More information about the coin distribution can be found here. You can see the distribution to date here.

Now please join us back for a bit more of our gathered information...
Towards the end of 2017 the Stellar Foundation posted a video describing how now only is Stellar Lumen a good choice for person to person and person to business affairs, but it is also a perfect platform for ICOs to launch from. For more on that check this video out:

Stellar has been welcomed to part of the infrastructure of Kin, a coin that prior to this, had only utilized ERC20. You can now perform transactions through either Ethereum or Stellar, with Stellar more than likely being the cheaper of the two options. This assumption is due to the fact that Stellar is known to be a coin that utilizes low fees, close to 0%.

Stellar runs on a decentralized network, a decentralized network is a network of peers that all can run independently from one another. What this means is that the network that Stellar runs on doesn't have to depend on any single entity. The idea behind this is to have as many users having independent servers participate in the Stellar network as possible. The reason behind this is so the network will continue to function with success even if some of the servers do fail.

Operating on a ledger that is much like a  traditional ledger, the Stellar ledger records a full list of transactions and balances belonging to each account on the network. Stellar maintains a complete copy of the global Stellar ledger that is hosted on every server that runs Stellar software. Any single entity can run a Stellar server. These servers also form a decentralized Stellar network which allows the ledge to be distributed as widespread as possible.When the servers are synced they validate the ledger by a mechanism called consensus.

The stellar ledger is able to store past offers that people have made towards buying and selling currencies. These offers are maintained in a public commitment to exchange one type of credit for another at a certain predicted rate of exchange. In turn the ledger becomes a marketplace for global assets. Together these orders form an orderbook. Each currency has its own individual orderbook for that currency/issuer as a combined pair. With this feature you have the ability to buy and sell any currency in a foreign exchange type of manor, but will also allow you to convert currencies simultaneously during any transaction.

I would also like to take a moment and show you an article that has beliefs that Stellar may have “Burned out”  So that you can also see from the flip side of the coin, a possible downside to the coin as well. 

You can also find my chart I have created based on the data provided on tradingview.com

Thank you for taking your time and reading my report on Stellar Lumen, I greatly appreciate any feedback and responses you may have.