🌐 Stellar (XLM): The Cryptocurrency of Financial Inclusion
🧩 Fundamentals of Stellar (XLM)
- Origin and Purpose: Created in 2014 by Jed McCaleb (former Ripple), Stellar was designed to facilitate fast and low-cost international transactions, especially for unbanked populations.
- Native Token – Lumens (XLM): Serves as a bridge currency between different assets and to pay minimal transaction fees (only 0.00001 XLM per operation).
- Consensus Protocol: Uses the Stellar Consensus Protocol (SCP), which is more energy-efficient than Bitcoin's Proof-of-Work and faster than traditional Ethereum.
- Decentralized Governance: Stellar is maintained by a non-profit foundation, the Stellar Development Foundation, which promotes financial inclusion and strategic partnerships.
