Hi guys,
After XRP took a dip since January I've been looking for new cryptos to play with as I continue to HODL. XLM was introduced to ETORO and since it was so cheap I just decided to go for it with a 'day trader' mindset.
Brief history of Steller Lumens (XLM) that I found on the internet (Wikipedia):
At launch, Stellar was based on the Ripple protocol. After making several changes to critical consensus code, the Stellar network forked. In the aftermath, Stellar co-founder Joyce Kim claimed this was a flaw in the Ripple protocol but this statement was challenged in a blog post by Ripple Labs CTO, Stefan Thomas.
The Stellar Development Foundation then created an updated version of the protocol with a new consensus algorithm, based on entirely new code. The code and whitepaper for this new algorithm were released in April 2015, and the upgraded network went live in November 2015.
In September 2017, Stellar has announced it will award partners in its new benefits program up to $2 mln each to develop “high-impact projects.
In October 2017, IBM and payments network KlickEx have announced Stellar as the backbone of its new “cross-border payments solution.
But at the end of the day it's all a gamble because we never know what the future holds. Have fun :)
Also, you can follow me on Instagram: @doyisdead if you'd rather see my pictures than to read what I have to say.