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Stellar Lumens (XLM)

Stellar is a platform that connects banks, payments systems, and people. Integrate to move money quickly, reliably, and at almost no cost.

Lumens are the native asset of the Stellar network. Native means that lumens are built into the network. Asset is how the network refers to an item of value that is stored on the ledger.

One lumen is a unit of digital currency, like a bitcoin. While you can’t hold a lumen in your hand, they are essential to the Stellar network—they contribute to the ability to move money around the world and to conduct transactions between different currencies quickly and securely.

XLM is shorthand for lumen. Most currencies have 3-letter codes (USD, EUR, AUD, BTC) as an international standard.

The technical term for these shorthand codes is ISO 4217.






✉ If you believe any of this data is inaccurate please contact us.

Specifications

Ticker: XLM
Confirmation Time: 3-5 second
Supports Thousands of Transactions: per second
Can be used to send or trade any Currency, Asset, or Token.
Open-Source
Uses SCP rather than Proof of Work.
Simple, clean API
Multisig and Smart Contracts
Decentralized Distributed Database
Created Initially: 100B XLM
Annual Inflation: 1% fixed

Team

Bartek Nowotarski Developer
Boris Reznikov Partnerships
Colleen McGarry Operations
David Mazieres Chief Scientist
Ella Qiang Partnerships China
Jed McCaleb Stellar Developer
Lisa Nestor Partnerships
Rafal Malinowski Developer
Romina Kavcic Designer
Scott Fleckenstein Developer
Tunde Ladipo Partnerships
BOARD MEMBERS
Keith Rabois Investment Partner, Khosla Ventures
Joyce Kim Stellar Co-founder
Shivani Siroya CEO of InVenture
Greg Brockman Former CTO at Stripe
ADVISORS
Patrick Collison CEO of Stripe
Greg Stein Director at the Apache Software Foundation
Matt Mullenweg Founder of WordPress.com
Naval Ravikant Founder of AngelList
Ronaldo Lemos Director, Institute for Technology & Society of Rio de Janeiro (ITSrio.org)
Sam Altman President of Y Combinator
Dan Kaminsky Chief Scientist at White Ops
Bhagwan Chowdhry Professor at UCLA Anderson

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