stellar lumens Network XLM

Stellar Lumens (XLM) Doing a Lot of Stuff the Community Needs to Spend Time Understanding the Concepts

July 1, 2020 Off By Steven Anderson

Tyler Van Der Hoeven, the SDF’s Ecosystem Evangelist, will host a workshop to explain SEP24 and on how easy it is to implement interactive deposits and withdrawals meant for anchor services.

Previously, there was a Stellar Basics Workshop and yet the latest workshop builds up on the already existing stuff.  The workshop will help familiarize on anchor services for those who plan to follow the workshop all along.  While this is a virtual workshop, participants are encouraged to ask questions and they are likely to learn best when they follow along.

Stellar Tweeted:  “There’s a free virtual Stellar Workshop today! If you’re building on Stellar and want to learn more about powering up your anchor/wallet service – check this event out.”

Sydney Ifergan, the Crypto Expert tweeted:  “Whether XRP or XLM, the learning should never stop with those who are looking to progress well.  Stellar Lumens Workshop is the Hot thing happening now in the ecosystem.”

Stellar continues to be working towards making it to being the Digital Representations of any currency. Recently, Stellar posted a warning on how an e-mail scam was going the rounds in the internet encouraging users to participate in the staking process with Stellar.  This is clearly an attempt to steal private key and the additional funds. Stellar keeps reinstating on that there is no such thing as staking on the Stellar.

The Stellar Community are being tuned with lot of reinstatements tuned around the Anchor Basics Webinar.  For those who feel like watching the Webinars is not a thing for them, they have redirected people towards a resource that helps clarify the basics.

Stellar Lumens (XLM) And More

Apart from the Anchors, the interesting thing happening in the Stellar Network is the Stellar Engineering Talk on SEP-30.  This discussion was about how the key management in the crypto wallets is not typically user friendly and about what creates a major barrier to the all-round adoption.

The good thing about SEP-30 is that it clearly defines an approach by way of which users will be able to regain access to their Stellar Account after the individual lost their private key.

The other notable thing that has been happening in the Stellar Network relates to the Vibrant Beta Launch, the Tangem and LobstrVault Collaboration working using the multi signature scheme.

Further, yet another interesting thing was about being able to send money to Nigeria from South Africa making use of the Stellar-based Uhuru WhatsApp Wallet.

Stellar Lumens (XLM) are doing a lot of stuff and the community need to spend time understanding the concepts.

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