History of cryptocurrencies: Case “Stellar”

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Stellar Lumens (XML) is a cryptocurrency created in 2014 that promises to be one of the fastest growing cryptocurrencies for this 2018.

As for its developers, Jed McCaleb, who is the programmer who developed Ripple in 2011, is also known for having created eDonkey2000, one of the largest shared file networks of his time, and, later, Mt. Gox , the first Bitcoin exchange, which then sold and ended up ceasing operations in 2014. Another of its co-creators is Matt Mullenweg, the web developer and creator of WordPress.

Stellar Lumens was developed with the purpose of helping in the operations and financial transactions of any type of division and with a much lower percentage. It is exclusively aimed at allowing banks and individuals to transfer value or store assets.

This digital financial platform manages its own chain of blocks, the Stellar network. This allows you to offer lower commissions for transactions between cryptocurrencies, as well as making changes to dollars to Bitcoin extremely quickly and inexpensively.

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