There was a huge attraction from token Stellar Lumens in the past few days. Electronic money enthusiasts may know to this initiative under the name "XLM", because that is the way this unit was traded on the trading floor. However, it seems there is some confusion about the way in which this token type is created or the intent to use them.
Overview of LUMENS STELLAR
Quite interesting when posed the question why this unexpected token received a lot of interest when their value increased. Each individual XML value has increased spectacularly in 48 hours, caused a discussion about why the token this exists. Lumens are the property of Stellar network, this is the network that most electronic money enthusiasts as a way both to be familiar with this network.
More specifically, the Lumens are built in network of Stellar, where they operated as a unit of currency. Similar to the way the Bitcoin and other electronic activity, Lumen can't be physically grasp, but users can use the ownership of these assets by individual courses. Stellar network launched 100 female STR in 2014, was finally renamed Lumens in 2015 as part of the reform of the large platform.
The process of renaming was done to avoid confusion, as having a type of token is placed the same name with a network, this will cause confusion. However, it is believed that Stellar network does not need an indigenous assets. However, that assumption is wrong, because Lumens are designed to prevent spam on the network transaction. In addition, all Stellar account need to hold at least 20 XLM in their balance at all times.
More important, the idea behind the Lumens is how they can facilitate multi currency transactions at some point. Token can be used as a "bridge" between the different currencies have no direct market by itself. It brings additional value to the Stellar network, has attracted a lot of attention of investors and traders in the world in the past few days. As a result, the value of the XLM was increased to 0.045 dollars per item.
As to what people expect from a property type, then had some statistics to take into account. 5% of the total supply will be kept by the group to finance the activities of the Stellar.org. Some funds will be auctioned at times, with the initial auction since March, 2015. The majority of the money was given to anyone who want token XLM non-profit organizations and owner of Bitcoin. Anyone keep Bitcoin in trading on March 2015 all get a small part of the XLM as an evident.
Finally, it's not hard to see why Stellar Lumens again attracted the interest of investors. This money can be used to facilitate multidisciplinary transactions based on the blockchain port and market any would present. Whether that means whether people should invest in XLM or not is still a question that it is difficult to answer. There will be a market for the token, but they aren't necessarily an asset speculation by any means.
