Here’s How Stellar (XLM) Could Really Hurt Ripple (XRP).

in #cryptocurrency6 years ago (edited)


Stellar (XLM) is currently on the top list of most experienced altcoin holders. Why is Stellar Lumens attracting a lot of attention?
Some of the basic factors are the potential of Stellar (XLM) for cross border payments and as an ICO platforms. Having the leadership of Jed McCaleb, it has the right connections and capacity to handle growth.
Not only that it has some distinct advantages not seen on the big players today like Bitcoin, Ethereum and Ripple. It seems that it is also on the right direction for its development and additional features that can really make it one of the top players in the industry in the near future.
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Ripple is centralized shity currency,who would want that??

And that basically is the main advantage of Stellar over it. Many predicted that Stellar would eventually overtake Ripple in value in years to come.

bankster coin

Stellar also has an interesting partnership with IBM who is scaling up its division dedicated to assisting enterprises implement blockchain technology. If they use the Stellar platform, it could gain traction for the adoption of it. I also read somewhere that Stellar is actively engaging a Lightning network as well.

You are right in saying that Stellar is in partnership with IBM. And that it will be using Lightning Network for its scalability improvement, not that it needs saving right now but it is to enhance faster transaction that maybe required later on.
For its Lightning Network implementation it collaborated with Stellar advisor and Bitcoin Core developer Jeremy Rubin.

Hey , thanks for sharing! i to be happy Always keep staying positive! Thanks for a nice post

Thank you for visiting and for your comment.

Stellar is an amazing project. I think people are going to look back a year from now and wish like hell they bought at this current price. Here's the latest info from Stellar CEO, Jed McCaleb: https://steemit.com/cryptocurrency/@workin2005/the-future-of-blockchain-with-stellar-founder-jed-mccaleb

Totally agree, Stellar is one of the very few altcoins that has long term value.

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Stellar is doing quite well in the market right now. Although, Ripple also did well at a time. At Blockbasis - we have built a platform that allows users to send, receive and exchange cryptocurrency with an email - we strongly believe that like any other trading market, the cryptocurrency market is not always stable, at least for the time being. A coin that does great now may not be so in the long run. Having said that XLM and XRP have the scope to grow because they are both built to scale. They have managed to address scalability in an innovative way and have the potential to reap the benefits.

This was very interesting. I've heard a lot about stella lumens lately. Just followed you for more updates.

Thanks for the follow, I really appreciate it.

Keep up the good work @arnel

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Yeah Jeremy Rubin.

Yes Jeremy Rubin indeed.... he is one of the advisors in this Stellar platform.

Coins mentioned in post:

CoinPrice (USD)📉 24h📉 7d
BTCBitcoin6789.200$-4.84%-6.54%
ETHEthereum400.564$-2.48%1.61%
XLMStellar0.198$-6.08%-14.68%
XRPRipple0.488$-3.72%-4.95%

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