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Can Stellar (XLM) be Mined? Exploring Its Acquisition Methods and Consensus Mechanism
Stellar Lumens (XLM) utilizes the unique Stellar Consensus Protocol (SCP) instead of traditional Proof-of-Work (PoW) mechanisms, meaning it cannot be generated directly through "mining." All XLM tokens were pre-issued, and the network's inflation mechanism was terminated in 2019. This article will detail XLM's consensus mechanism and tokenomics, explain how users can acquire XLM through direct purchase and participation in specific platform activities, and clarify its distinction from traditional mining.
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Can Stellar (XLM) be Mined? Exploring Its Acquisition Methods and Consensus Mechanism
Stellar Lumens (XLM) utilizes the unique Stellar Consensus Protocol (SCP) instead of traditional Proof-of-Work (PoW) mechanisms, meaning it cannot be generated directly through "mining." All XLM tokens were pre-issued, and the network's inflation mechanism was terminated in 2019. This article will detail XLM's consensus mechanism and tokenomics, explain how users can acquire XLM through direct purchase and participation in specific platform activities, and clarify its distinction from traditional mining.
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Nomura: AI growth panic replaces inflation narrative, U.S. Treasuries regain hedging function; Thursday's 10-year U.S. Treasury yield plunged over 15 basis points, Nasdaq Composite plummeted 2.6%.
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Japan's core CPI for September rose to 2.1%, exceeding 2% for the first time this year; over 80% of economists expect the Bank of Japan (BOJ) to raise interest rates in December.
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