Stellar (XLM) Review (2023)
This is an in-depth Stellar review that covers many different attributes and metrics.
Table of Contents
Review
What is Stellar?
Stellar is a platform that aims to facilitate fast, affordable, and secure cross-asset transfers of value. It's built on a base layer that uses Lumens, the native asset of the Stellar network, as a bridge between any two currencies.
Who is the Stellar founder?
Stellar was founded by Jed McCaleb.
What is Stellar's ticker?
Stellar's ticker is XLM.
How fast is Stellar?
Stellar can process an estimated 200 transactions per second.
What is Stellar's block time?
Stellar's block time is approximately 5 seconds. This means that every 5 seconds, the Stellar blockchain produces a new block.
Can you mine Stellar?
No, you cannot mine Stellar. Stellar is a PoS blockchain.
Does Stellar have smart contracts?
Yes, Stellar has smart contracts. Therefore it supports DeFi and NFTs.
Is Stellar EVM compatible?
Yes, Stellar is EVM compatible. You can use it with popular Web3 wallets like Metamask. It supports smart contracts, DeFi, NFTs, dApps, and more.
Is Stellar dead?
No, blockchains don't die. They're specifically designed not to die. Provided there is a node running, Stellar will remain in use. Sure, there may be exploits, or a lul in user activity, but these are resolvable.
How does Stellar compare with other blockchains?
- Stellar vs. Aptos
- Stellar vs. Arbitrum
- Stellar vs. Avalanche
- Stellar vs. Bitcoin
- Stellar vs. BNB Chain
- Stellar vs. Cardano
- Stellar vs. Cosmos
- Stellar vs. Dogecoin
- Stellar vs. Ethereum
- Stellar vs. Ethereum Classic
- Stellar vs. Monero
- Stellar vs. Optimism
- Stellar vs. Polkadot
- Stellar vs. Polygon
- Stellar vs. Solana
- Stellar vs. TON
- Stellar vs. Tron
- Stellar vs. XRP