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Stellar Price (XLM)
Stellar Price (XLM)
Stellar was created in 2014 by the Stellar Development Foundation. Among its founders was Jade McCaleb, now the creator of the defacted bitcoin exchange Mt. Gox, as well as co-founder of Ripple. Steller is an open source, decentralized protocol for digital currency to fiat money transfers that allows cross-border transactions between any pair of currencies. Stellar main mission is to bring financial services into the unbanked. To fulfill this mission, the protocol focuses on being as versatile as possible for an open and transparent finance future. This is what most projects on the network follow. Focusing on the financial solution to the Steller project is of particular importance to developing countries such as Nigeria. The old financial institutions are lagging behind, and the amount of money needed to modernize them is huge. Blockchain, on the other hand, is able to bring modern financial services at a fraction of the cost of traditional system.
Stellar Price INR History
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Stellar Price History and Analysis
Stellar Price in India (XLM Price in INR)
The Stellar and Stellar Development Foundation (SDF) was created in 2014 by Jay Z McLab and Joyce Kim. The project is in many ways consistent with Ripple (XRP), where McCaleb previously worked. The SDF was created to promote global financial access, literacy and inclusion, By Expanding access to low-quality financial services worldwide through the maintenance of technology and partnership development. On 15 May 2019, the network stalled for 67 minutes due to inability to reach consensus. Unlike most other chains, which may temporarily fork when the network is not agreed upon, the network is completely shut down. Stellar Developers reported that a greater number of new nodes were the reason for the stalled, 'In Retrospect, some new nodes took on too much consensus responsibility too soon.' SDF nodes were not the cause of network failure. Stellar (XLM) is a payment protocol intended to connect banks, payment systems and people. The current Stellar price is 89% lower than the all-time high of US $ 0.72, set for January 2018. The market cap currently stands at US $ 2.01 billion on 20.59 billion XLM circulating supplies, with US $ 122 million in exchange-traded volumes in Last 24 hours. Between Tezos (XTZ) and Cosmos (ATOM), XLM now ranks 13th on the Brave New Coin market cap table.
Stellar price in India (XLM to INR) in Jan 2018
In January 2018 the market cap of Stellar was ₹8.39924196e11 and price of ₹47.0068 with volume of ₹1.46359538e10
Stellar price in India (XLM to INR) in Dec 2018
In December 2018 the Market Cap and Price of Stellar was ₹1.70239752e11 and ₹0 respectively with volume 1.28112243e10
Stellar Token price in India (XLM to INR) in Jan 2019
In Jan 2019 Market Cap of Stellar Token was ₹1.528113e11 and price ₹7.9823 with highest volume of the year i.e. ₹8.79194254e9
Stellar Token price in India (XLM to INR) in Dec 2019
In December 2019 the Market Cap of Stellar Token was ₹9.27705622e10 and price of ₹4.4346 with volume of ₹2.0012159e10
Stellar Coin price in India (XLM to INR) in Jan 2020
Jan 2020 Stellar Coin Market Cap was ₹9.35335185e10 and price was ₹4.6637 with volume of ₹2.38159998e10
Stellar price in India (XLM to INR) in Aug 2020
In Aug 2020 Market Cap of Stellar was ₹1.48892497e11 and price was ₹7.2432 and volume of ₹1.93646602e10
Stellar is Decentralized and Open Database.
Alternatively, Steller also has its own currency lumens. This currency plays a key role in facilitating cross-border transactions. If Peter of Chicago wants to send Jacob money to Warsaw, he should worry about how the money will turn into Polish zlotys.
Stellar is making its way to several top companies that are adopting their own blockchain network but also incorporating it into a few small companies around the world. Here is everyone's list at the moment.