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Review on Stellar by Evangeline Bradford
Stellar Coin Review
Stellar coin is the native coin of stellar network. Stellar transaction speed is very fast which can process 2000 transactions per secound. so, each transactions are confirmed within 5 secounds. For making international payments fastly stellar is best option because it is fully decentralized cryptocurrency.
Stellar ( XLM ) network transaction fees is also very low and as stellar is developed for payment system so, fast transactions and high efficiency makes transaction fees very low.
One of most common problem that almost all users faces in staller is It needs atleast 20 XLM hold in wallet to remain activate the wallet and in payment sector there are many alternatives are available that provides more features than Stellar.
In Short, Stellar ( XLM ) is a decentralised blockchain based payment service platform that provides great transaction speed and and lowest network transaction fees. But we need huld sone XLM to stay activate the wallet.
Pros
- Steller cryptocurrency is best for transferring funds because its transaction speed is very fast.
- Stellar network transaction fees is very low for any small or large amount.
- Stellar cryptocurrency is fully decentralised and its open source network.
- Steller lumens ( XLM ) is listed on almost all popular and biggest exchanges like coinbase and binance.
Cons
- There are many alternative of stellar that provides great features than stellar.
- While accessing stellar we need have atleast 20 XLM in the wallet to activate wallet.
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Comments (2)
October 02, 2019
Nope! we don't need 20 XLM to active wallet WRONG Info! Your account will be active if there is 1 to 5 XLM.
