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Review on Stellar by Arya Kamandanu

Revainrating 5 out of 5

Stellar XLM Fast and Low Fee

Stellar (XLM) is the most friendly cryptocurrency to its users, because this cryptocurrency is very cheap transaction costs, and of course this is a good cryptocurrency by prioritizing low fees, and speed in transactions is very good.

In 2014 Stellar Lumens (XLM) tried to close the gap between the crypto world and the financial world, Stellar has made partnerships with the largest companies in the technical and financial fields. These partnerships are Stripe, IBM, Deloitte

Stellar's main goal is to become a digital payment channel throughout the world by connecting people, banks, and various payment systems, this makes it easy to make transactions to all corners of the world quickly, safely, and with very low transaction costs when making transactions anywhere and anytime .

Some people think Stellar is the hard fork of the ripple protocol, Jed McCaleb, the founder of Stellar Coins, is the founder of Ripple as well. But the assumption is wrong, Jed McCaleb on Twitter said that the two tokens have different codes, and not a fork (just to straighten it out) said Jed, you can argue long about this, but the past won't tell you about the past the thrilling front of a stellar coin.



Pros
  • Fast Transaction every time and every where
  • Low fee
Cons
  • Requires 3 XLM to create a Stellar Wallet, for Trustline