Review on Stellar by Raquel Matos
Stellar, this coin is missing is just a little push
It is a cryptocurrency similar to Bitcoin because it is decentralized but improved it is also a project similar to Ripple in terms of sending remittances, this is a less institutional cryptocurrency, a decentralized P2P platform with very low fees. The currency is called Lumens (XLM). This currency was created to make micro payments, remittances, tap payments, among others. as I see it it is a good coin that has a lot of competition has had good highs but at this moment it has had many lows, approximately 80% of lumens have not yet been commercialized, they are still on the stellar network
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Pros
- The platform is decentralized Has servers around the world The transfer process is very fast The lumens are not mined there are 100 billions of lumens created The cost per commission is the lowest however to be able to operate a minimum of 0.5 lumens is needed The confirmation time of the operation is approximately 5 sec. The institutional orientation makes it present in companies like IBM It could be used as a charitable money waiting for the increases of the market or the interests of this
Cons
- It can only be bought or exchanged in some Exchange You have too much competition in the world of cryptocurrencies
