{"id":2838,"date":"2020-11-27T07:32:42","date_gmt":"2020-11-27T07:32:42","guid":{"rendered":"https:\/\/afluxcoin.com\/32\/what-you-need-to-know-about-stellar-the-altcoin-thats-out-of-this-world\/"},"modified":"2020-11-27T07:32:42","modified_gmt":"2020-11-27T07:32:42","slug":"what-you-need-to-know-about-stellar-the-altcoin-thats-out-of-this-world","status":"publish","type":"post","link":"https:\/\/afluxcoin.com\/es\/32\/what-you-need-to-know-about-stellar-the-altcoin-thats-out-of-this-world\/","title":{"rendered":"What you need to know about Stellar, the altcoin that\u2019s out of this world"},"content":{"rendered":"<p>When investing in the crypto market, the more exciting opportunities actually come from altcoins, with plenty of gains to be made for traders who spot the next rising star. With a blast-off rocket ship logo and a name that invokes a sci-fi future, Stellar is an altcoin that wants us to know that it\u2019s going places. But is Stellar (XLM) a good investment? No need for an astrologer\u2026 we\u2019ll tell you everything you need to know.What is Stellar (XLM)?The Stellar blockchain network is an open-source distributed payment infrastructure that facilitates transactions between banks, payment services, and individuals. The project was launched in 2014 by Jed McCaleb, the founder of Mt. Gox and co-founder of Ripple, in partnership with former lawyer Joyce Kim.Jed McCaleb, the founder of Mt. Gox and co-founder of Ripple, StellarIn practice, Stellar works similarly to an online payment platform such as PayPal, but its distributed ecosystem and native cryptocurrency make cross-asset, cross-border transactions easier, faster, and more cost-effective.At the time of writing, Stellar\u2019s price is $0.102602 (up 0.46% in the last 24 hours) with a 24-hour trading volume of $691,733,206. Stellar is ranked 16th in terms of global market cap, coming in at $2,156,921,785 (via CoinMarketCap). Its circulating supply is 21,022,140,434 XLM coins.How does Stellar\u2019s blockchain work?Transactions on the Stellar network are added to a shared, distributed public ledger, which is a database that anyone in the world can access. Stellar uses its own unique method to reach consensus on transactions quickly and accurately.Stellar has 4 key aspects when it comes to adding transactions to the ledger, or blockchain:Freedom of participation: Anyone can join the consensus process, and no one has all or a majority of the decision-making power.Low latency: Fast and cheap transactions are confirmed within a few seconds.Freedom of trust: Nodes (those participating in the\u2026<\/p>","protected":false},"excerpt":{"rendered":"<p>When investing in the crypto market, the more exciting opportunities actually come from altcoins, with plenty of gains to be made for traders who spot the<span class=\"excerpt-hellip\"> [\u2026]<\/span><\/p>","protected":false},"author":0,"featured_media":2796,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[35],"tags":[],"_links":{"self":[{"href":"https:\/\/afluxcoin.com\/es\/wp-json\/wp\/v2\/posts\/2838"}],"collection":[{"href":"https:\/\/afluxcoin.com\/es\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/afluxcoin.com\/es\/wp-json\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/afluxcoin.com\/es\/wp-json\/wp\/v2\/comments?post=2838"}],"version-history":[{"count":0,"href":"https:\/\/afluxcoin.com\/es\/wp-json\/wp\/v2\/posts\/2838\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/afluxcoin.com\/es\/wp-json\/"}],"wp:attachment":[{"href":"https:\/\/afluxcoin.com\/es\/wp-json\/wp\/v2\/media?parent=2838"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/afluxcoin.com\/es\/wp-json\/wp\/v2\/categories?post=2838"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/afluxcoin.com\/es\/wp-json\/wp\/v2\/tags?post=2838"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}