Stellar Lumens or abbreviated as XLM is an asset of the stellar network. Founded in 2014, the Stellar platform can connect banks, payment systems and users from all over the world. The digital asset, invented by Jed McCaleb and Joyce Kim, was originally part of a project from Ripple. So, Stellar is a very similar project to Ripple. The platform also integrates to move money quickly, reliably, and at almost no cost. Stellar’s focus is on transactions that send small amounts of money or payments. Thus, Lumens is shown to users who have international microtransaction needs.
Stellar Lumens is a crypto asset of The Stellar Development Foundation (SDF) is a non-profit organization based in San Francisco. SDF is building a shared financial platform, designed to be open and accessible to everyone. Just as the internet allows anyone to send an email or create a blog, Stellar now allows people to send, store, and receive money easily, without any major costs or hassle.
The mission of the Stellar Development Foundation (SDF) is access to open source finance for all. SDF’s vision is an open and affordable financial system where people of all income levels can access easy-to-use, secure and low-cost financial services.
- Star Connection
The Stellar Network is a technology that processes financial transactions. The technology is open source, distributed, and community owned. Using the Stellar network, you can create mobile wallets, banking tools, smart devices that pay for themselves and pretty much anything else you can dream of involving payments.
- SDEX – Stellar Decentralized Exchange
SDEX will be the world-class front-end that our underlying technology has long accepted. This will enable on-chain trading, protocol level for any Stellar token, and we will create liquidity to minimize spread and maximize asset selection.
StellarTerm is an open source client for the Stellar network. StellarTerm is simply a client that can be used to access the Stellar Decentralized Exchange. Neither StellarTerm nor its developers are involved with the operation of the Stellar network. StellarTerm was developed by Ultra Stellar, LLC, the same company that developed the LOBSTR wallet. This project is independent of the Stellar Development Foundation. StellarTerm is open source software. This project is released under the Apache-2.0 license and is released as is without warranty. StellarTerm is not a custodian of customer assets. The Steallar Network does not store any tokens, crypto assets or private keys on behalf of customers.