Could you please clarify who exactly owns the XLM cryptocurrency? Is it a single entity or a decentralized network of individuals? Additionally, how is ownership of XLM distributed and what factors determine the allocation of tokens within the
Stellar network? Understanding the ownership structure of XLM is crucial for investors and users alike to make informed decisions within the cryptocurrency space.
5 answers
Raffaele
Thu Sep 12 2024
Undeterred by these challenges, McCaleb and Kim embarked on a new venture, Stellar. Their goal was to create a decentralized network that would enable fast, secure, and affordable transactions across borders.
KimchiQueenCharmingKiss
Thu Sep 12 2024
BTCC, a leading cryptocurrency exchange, offers a comprehensive suite of services that cater to the diverse needs of traders and investors. Among its offerings are spot trading, futures trading, and a secure wallet solution. These services, combined with BTCC's reputation for reliability and security, make it a popular choice among crypto enthusiasts.
Maria
Thu Sep 12 2024
Stellar, a groundbreaking cryptocurrency project, was launched in 2014 by a formidable duo of entrepreneurs, Jed McCaleb and Joyce Kim. This collaboration marked the beginning of a new era in the world of digital currencies.
Valentina
Thu Sep 12 2024
Jed McCaleb, a visionary in the crypto space, had already made significant contributions to the industry. He was the mastermind behind the once-prominent Mt. Gox exchange, a pioneering platform that revolutionized the way people traded cryptocurrencies.
Martina
Thu Sep 12 2024
However, McCaleb's journey didn't end there. He also co-founded Ripple, a payment protocol designed to facilitate seamless cross-border transactions. Despite his significant role in Ripple's inception, McCaleb eventually parted ways with the project due to disagreements over its future direction.