Home Altcoins News Stellar Lumens (XLM) Denelle Dixon on the Importance of Blockchain Network Effects

Stellar Lumens (XLM) Denelle Dixon on the Importance of Blockchain Network Effects

Stellar lumens Blockchain Network Effects

Stellar tweeted:  Stellar Core v12.5.0 is out now! It includes a number of new features including new SCP metrics, improved catchup logging, SCP code cleanup and more.

Stellar reflected on a recap from a recent webinar with Cowrie exchange.   The recap is about the low cost and instant payment rails developed by Cowrie.  This payment rail will facilitate payments going in and out of Nigerian bank accounts easily.

Sydney Ifergan, the Crypto Expert tweeted:  “Stellar Lumens (XLM) in the Dev Digest spoke about unlocking the economic potential, understanding path payments, and a new Horizon release. Denelle Dixon reflected on the importance of network effects.” 

Denelle Dixon tweeted:  “Here at home during the shelter in place, had a moment to reflect on the importance of community during times like these.” Denelle Dixon recollects about the importance of resilience in the community. She opined that it is time that we reflect on the fact that there are many things that are things that no single human can control on her own.

She also stated how we are able to understand the reliance of each of us on our communities.  She expressed, “We cannot on our own create a network — that takes all of us, the entire Stellar ecosystem working together.

We cannot on our own create a border less world for payments — that takes all of us working together. And, we cannot on our own realize the true value that blockchain technology has to offer to the financial system — that also takes all of us working together.”

She reflected on the importance of creating network effects.  She opined that it is important to be connected as networks to create network effects.    

She concluded stating that finding new ways to keep the world connected will encourage collaboration, thereby creating accessible and affordable access to our financial system, which is very important than ever.

Stellar Lumens (XLM) Payment Systems

Stellar believes that it is the best open network for payments.  The real power of Stellar lies in that it facilitates to move and exchange all kinds of value. It is also about the fact that anyone will be able to issue any type of assets on Stellar.  It can be about “fiat tokens, company stocks, bonds, tokens anchored to other cryptocurrencies and to objects in the real world whether real estate or precious metals.”

Currency conversion is made possible through SDEX for the best exchange rates.  Stellar facilitates cross-assets payments.  Therefore, making it possible to send and convert currency in a single transaction. The simple and secure interface makes it possible for users to make use of the full power of the Stellar Network.

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Maheen Hernandez

A finance graduate, Maheen Hernandez has been drawn to cryptocurrencies ever since Bitcoin first emerged in 2009. Nearly a decade later, Maheen is actively working to spread awareness about cryptocurrencies as well as their impact on the traditional currencies. Appreciate the work? Send a tip to: 0x75395Ea9a42d2742E8d0C798068DeF3590C5Faa5

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