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Santiago de Chile
4 Level
143 Review
386 Karma

Review on Stellar by Francisco Varela

Revainrating 4 out of 5

Stellar XLM Project

It is an open source public network, which has a decentralized server that makes it possible to create, send and exchange digital assets in one place.
Lumens XLM is an easy to access currency available in many exchanges and 100 million lumes were created to go online, it has a minimum transaction fee of 0.00001 lumen.
It can be stored in various hot, cold and hardware wallets this will depend on your preference.



Pros
  • Decentralized and open source.
  • Increase in demand and value of the currency through partnerships and contracts with major investors.
  • As an ICO platform it is much easier to use than ethereum.
  • Low rates and extremely fast time in transaction processing.
Cons
  • Slow growth a lot of competition.