Stellar Lumens (XLM) is setting the trend bars high for Bitcoin. XLM has broken past its consolidation pattern, and it is moving upside. Very often, the price of XLM and XRP are intertwined; however, in the current scenario, the trends seem to be decoupling, and XLM is carving a new route for its value.
Stellar Lumens is more focused on reaching out to the unbanked individuals around the world. Stellar has private nodes on the blockchain; and, therefore, facilitates instant transactions when it comes to international transfers and payments. XLM is a point of widespread discussion in the cryptocurrency space.
The preparatory years for Stellar Lumens are already over. The active usage of Stellar has already begun. Several traders get hooked to the Stellar. They well know that their investment in XLM will be worth the HODL and is a promising asset in the cryptocurrency space.
Previously on April 24, 2020, there was a live discussion about the improvement of the Stellar Use Cases in engineering talks. Truly, nothing from hearing and learning from experts about the next best step forward.
Stellar tweeted: “Don’t miss part two of our Ecosystem Roundtable Discussion tomorrow at 11:30 am ET 3:00 pm UTC.”
The next test net is scheduled for 04/29/2020 at 0900 UTC.
Sydney Ifergan, the crypto expert, tweeted: “The Stellar Engineering Talk is gaining momentum. Good for the developer community and Stellar Lumens XLM to improve the understanding of the advanced side of Stellar.”
There has been a widespread concern that the issuer enforced Finality is the least understood of the Stellar features.
Stellar Tweeted: “Issuer-Enforced Finality is one of Stellar’s most powerful, but least understood, features. Check out jachlipala’s blog on what it means and how it combines the certainty of a permissioned network with the interoperability of a permissionless network.”
When someone issues a stablecoin pegged to a particular currency on a blockchain-based on PoW, miners verify the blocks. When there is a secret blockchain branch, it increases the chance of double-spending. Stable coin issuers go into a dilemma when double-spending happens in the process of redeeming the coin to the value of the currency. Malicious actors could take advantage.
In such a situation, Issuer-Enforced Finality is powerful because it facilitates the interoperability of permissionless networks. Stellar is mainly focused on issuing digital representations of currencies while promoting the certainty of the permissioned network. The certainty of a “permissioned network is assured by Issuer-Enforced Finality.
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