What Is Stellar (XLM)? | A Guide to the Common Man’s Financial Network
CoinCentral – By Colin Harper Oct 03, 2024 What Is Stellar? Stellar advertises itself as an open-sourced, distributed payments infrastructure, built on the premise that the international community needs “a worldwide financial network open to anyone.” The project is filling this need, connecting individuals, institutions, and payment systems through its platform. In doing so, the Stellar team wants to make monetary transactions cheaper, quicker, and more reliable than they are under current systems. Additionally, their protocol connects people from all over the world by allowing for more efficient cross-border payments. How Does Stellar Work? Like (almost) all other cryptocurrencies, Stellar bears that …
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