Stellar to fork into Stellar Dolphin

A decentralized project Stellar Dolphin is going to be forked from Stellar Lumen project on August 30 to improve upon Stellar protocol
13 June 2018   1855

A blockchain platform with its own token - Stellar Dolphin with XDM will be forked from the Stellar Lumen protocol on August 30. It will be a Hard Fork. The project is going to be still developed by Stellar Lumen Commonwealth. The blockchain of Stellar Dolphin is going to provide lower transaction fees and modified core mechanism of calculation of transactions and balances.

XDM is Stellar Lumen blockchain assets and currency code. The protocol will provide an improved security of smart contracts and a mobile app for ease of use. The initial supply will be about 100 bln XDM. All XLM holders will receive XDM at the ratio of 1:1 for free. Total of 69 bln tokens will distributed while the remaining 31 bln will be reserved for late development.

Supporting exchanges include HitBTC, YObit.net, Huobi and Cryptopia. Stellar market parameters at the moment of publication are as follows:

Average price 0.231329 USD
Market cap 4,303,705,026 USD
Volume (24H) 44,364,500 USD

Stellar Lumens to be a Basis for a Investment Fund

Grayscale Investments launched Stellar Lumens Trust new investment fund
18 January 2019   154

Investment firm Grayscale Investments Barry Silbert officially announced the launch of Grayscale Stellar Lumens Trust, a fund focused exclusively on cryptocurrency XLM.

At the same time, the company renamed all products based on a single digital asset.

New Grayscale Product Names
New Grayscale Product Names

It should be noted that the company managed about $ 825 million as of December 31.

Earlier it became known that Grayscale Investments may hold 1% of all existing bitcoins.