Stellar [XLM] - The real Ethereum competitor
For those who have been following me since early 2017, you know that XLM has always been one of our favorite cryptos! And it’s not for nothing. His team, his project, his partners.. It’s Ripple but in 1000x more “blockchain mentality”, and the growth of recent days is obviously something I really appreciate! Let’s have a look at this rally.
Benefits of Stellar
Stellar has several unique benefits, including decentralized exchange services embedded directly on the platform. This makes it easier to trade new tokens without having to pursue listings on major exchanges.
Stellar is also said to have customizable features that could appeal to many segments of the ICO market, which cuts across several industries and sectors. At the same time, it has purposely limited certain features to keep malicious actors from exploiting the program.
Other Stellar benefits include:
- ICOs
- Smart-contracts
- IBM partnership
- Stellar consensus protocol: 1000s tx / second (global scale)
- Inflation distributed weekly to XLM holders
- XLM value lies in its architecture: it is the universal base asset, ideal for atomic swaps.
Expected News
- IBM World Wire Clients
- Lightning network to make Stellar Lumens a scalable network.
- Coinbase listing
Conclusion
For many (included me), Stellar is one of a select few blockchains that can compete with Ethereum for ICO dominance. When it comes to ICOs.
It will take a lot of work for Stellar to unseed Ethereum as the go-to ICO platform, but there are features in place that could make it more popular among developers wishing to launch a new token. In any case, I remain convinced of XLM’s long-term potential.
This is not financial advice. I don’t take into account of your personal investment objectives, specific investment goals, specific needs or financial situation and makes no representation and assumes no liability to the accuracy or completeness of the information provided here. The information and publications are not intended to be and do not constitute financial advice, investment advice, trading advice or any other advice or recommendation. Any expression of opinion (which may be subject to change without notice) is personal to the author and the author makes no guarantee of any sort regarding accuracy or completeness of any information or analysis supplied.