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   2500

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

Wirex to Issue 26 Stablecoins on XLM Blockchain

Wirex chosen Stellar blockchain because company considers it safe, easily scalable and relatively inexpensive to use
25 April 2019   383

British online banking platform Wirex has announced the listing for the XLM token, as well as the release of 26 stablecoins on the Stellar blockchain, pegged to fiat currencies, including USD, EUR, GBP, HKD and SGD.

Prior to this, Wirex card supported eight digital assets and ten fiat currencies.

In addition, Wirex added the ability to instantly convert steablecoins to each other at over-the-counter rates.

As the company expects, new assets will be used for money transfers, issue and redemption of tokens, as well as for payments for services.

The choice of Wirex fell on the Stellar blockchain, as the company considers it safe, easily scalable and relatively inexpensive to use.

Last year Wirex became the third company in a row that received a license to provide services in the UK and Europe.