XLM Listing Announcement

CPDAX
CPDAX
Published in
2 min readFeb 8, 2019

We’re please to announce that Stellar Lumens (XLM) has listed on CPDAX (29.01.2019).

Project Overview:

Stellar is an open-source, distributed payment platform. It runs a decentralised network of servers with a distributed ledger that is updated every few seconds among all nodes.

Credit: https://www.lumenauts.com/

The most outstanding difference between Stellar and Bitcoin is in their consensus protocol. Stellar’s consensus protocol does not rely on the entire validator network to approve transactions. Instead, it uses the Federated Byzantine Agreement (FBA) algorithm, which enables faster processing of transactions. The shortened process has made Stellar’s network extremely fast and it is said to process as many as 1,000 network operations per second.

Token Overview:

Here is a brief overview of some of the key points regarding Stellar and the Lumen’s (XLM) token.

Cryptocurrency Name & Ticker: Lumens (XLM)

Token Distribution:-

  • Giveaway to Individuals 50%
  • Giveaway to Partners 25%
  • Giveaway to BTC and XRP holders 20%
  • Reserve 5%

XLM Events on CPDAX:

To celebrate the listing and opening of the XLM Market on CPDAX, we’re holding some events and promotions. For more information, please read click here.

Project References:

Disclaimer: The above content is not financial advice and does not constitute an endorsement of Stellar Foundation or any of their service or products. We encourage all of our users to do their own due diligence and research before engaging in trading activity with any and all digital assets listed on CPDAX.

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