Q&A for novices on XLM (Lumens) of Stellar

Spaniarder

member

Activity: 128

Merit: 13

Quote from: Axens_io on March 05, 2018, 09:53:50 AM

Yes, great post Spaniarder! Interestingly, we are running our ICO on the Stellar platform in April 2018, you may check out our USD 750k bounty program that is currently running at https://medium.com/@axensaxs/axens-telegram-bounty-is-live-a94bddb38ebb

win-win for both parties. Bunch of projects are choosing for their ICOs a robust Stellar ecosystem that has credit-card-like transaction latency

Axens_io

newbie

Activity: 42

Merit: 0

Yes, great post Spaniarder! Interestingly, we are running our ICO on the Stellar platform in April 2018, you may check out our USD 750k bounty program that is currently running at https://medium.com/@axensaxs/axens-telegram-bounty-is-live-a94bddb38ebb

Spaniarder

member

Activity: 128

Merit: 13

Quote from: Raphadreamm on February 13, 2018, 06:44:09 AM

Thank you for your work Spaniarder verry good post !

Keep up

Thanks, did you see renewed 2018 Stellar Roadmap? It is cool, those SDEX capable to to discover the cheapest rates between any two assets and LN will push XLM to highest hight.

Raphadreamm

newbie

Activity: 56

Merit: 0

Quote from: Spaniarder on February 02, 2018, 06:40:42 AM

Q: is XLM mineable or forgeable coin ?
A: nope, it is neither mineable nor forgeable.
Q: is XLM POS or POW?
A: XLM is neither of two. Behind XML is SCP (Stellar Consensus Protocol), a setting up for FBA (federated Byzantine agreement) .
Q: if Stellar does not support mining how one can get XLM coins?
A: to get XLM you need to buy them on the market. Top volume exchanges are Binance, Poloniex and Bittrex
Q:Any airdrop for XLM?
A: Stellar has already concluded a few giveaway rounds for BTC and XLM holders. They have funds to go further but when the next distribution (if any) will happen is not clear so far.
Q:is there any way to get free XLM?
A: yes, 2 options known for me

1) register on Stellar official forum (https://www.mystellar.org/) . They are commited to pay*:

a) one-time 25 XLM to each newcomer
b) posting reward of 0.5XML/post
c) for 10 replies in any different tread
d) 140 XLM for any Stellar related project launched by you
e)30 XLM for Ad if your advertisement are considered as original
f) 20 XLM for copy-paste&spam Ad
d) etc.

2) get the inflation covering coins by joining one of the inflation pools available
Q: what is inflation pool?
A: the built-in inflation mechanism of Stellar expands the currency supply by 1% annually. It distributes inflation coins to any destination with more than 0.05% of the votes. The distribution takes place on a weekly bases. Currently that threshold to get those coins is around 50.8 M XLM, which is out-of-reach for most individuals. To overcome this issue XLM holders combine their effords inside pools. But if the pool combines less the current threshold holders will not receive inflation cover.
Q: should we deposit XLM to inflation pool to get inflations coin?
A: nope, no deposit, just set your inflation destination address to the pool you choose.

Hope all above will be helpful. Wink

__________________________________________
* looks like on random span [/list]

Thank you for your work Spaniarder verry good post !

Keep up

Spaniarder

member

Activity: 128

Merit: 13

Quote from: ?? on ??

Quote from: Spaniarder on February 05, 2018, 04:03:14 AM

Quote from: ?? on ??

Thanks, I have heard of inflation pools but actually did not use them. Which one do you use?

I use XLMPool. It is distributing inflation lumens every week to my account. If you wanna use it set inflation destination to XLMPOOL address of
GA3FUYFOPWZ25YXTCA73RK2UGONHCO27OHQRSGV3VCE67UEPEFEDCOPA

P. S. I have extended info on inflation pools in above Q&A

Can I do this from centarius, I mean, point to inflation destination using that wallet?

Not sure, I guess it needs some modifications. For ease of configuration it is better to use the stellar desktop client.

Spaniarder

member

Activity: 128

Merit: 13

Quote from: ?? on ??

it does not work

could you elaborate on this and give more detailed description of your problems so that I could get what is not working for you?

Spaniarder

member

Activity: 128

Merit: 13

Quote from: ?? on ??

Thanks, I have heard of inflation pools but actually did not use them. Which one do you use?

I use XLMPool. It is distributing inflation lumens every week to my account. If you wanna use it set inflation destination to XLMPOOL address of
GA3FUYFOPWZ25YXTCA73RK2UGONHCO27OHQRSGV3VCE67UEPEFEDCOPA

P. S. I have extended info on inflation pools in above Q&A

Spaniarder

member

Activity: 128

Merit: 13

Quote from: Coinky on February 02, 2018, 11:42:13 AM

LOL..that is a random transaction
Show me the address on the forum thread
post the thread link where admin posts the giveaway transactions/wallet IDs

LOL, should I send a private key to you? why should I bother myself to convince half-wit? Grin

Go there, try to complete some task, and if your head is not stuffed with shit ( I am in doubt of that) they will pay u.

Coinky

jr. member

Activity: 165

Merit: 2

LOL..that is a random transaction
Show me the address on the forum thread
post the thread link where admin posts the giveaway transactions/wallet IDs

Spaniarder

member

Activity: 128

Merit: 13

Quote from: Coinky on February 02, 2018, 09:49:29 AM

Please post proofs or STFU

OK, in a few minutes I will show you the scrap of my wallet which received recently 24XLM for posting there. 25 XLM for registration got a bit earlier. Just should get how to attach image

Besides, one of my wallets ( that holds a few hundreds K of XLM) has inflation covering on a weekly bases. But don't wanna share that wallet with n00b.

look and STFU

Coinky

jr. member

Activity: 165

Merit: 2

Quote from: Spaniarder on February 02, 2018, 09:07:34 AM

Quote from: Arian247 on February 02, 2018, 07:29:20 AM

Am off to get me my free 25 XML

in 1 hour

Quote from: Arian247 on February 02, 2018, 08:53:44 AM

This thread should be deleted for its nothing but a wild geese chase

Registered and want to get 25 XLM in an hour? LMFAO, quick as a sperm. Grin

Please post proofs or STFU

Spaniarder

member

Activity: 128

Merit: 13

Quote from: Arian247 on February 02, 2018, 07:29:20 AM

Am off to get me my free 25 XML

in 1 hour

Quote from: Arian247 on February 02, 2018, 08:53:44 AM

This thread should be deleted for its nothing but a wild geese chase

Registered and want to get 25 XLM in an hour? LMFAO, as quick as a sperm. Grin

Arian247

member

Activity: 560

Merit: 11

Quote from: Coinky on February 02, 2018, 08:07:04 AM

Quote from: Spaniarder on February 02, 2018, 06:40:42 AM

This is rather common for Stellar novices to learn how XLM can be acquired. Here I am committed to disseminate my knowledge on that in the form of Q&A.

Q: is XLM mineable or forgeable coin ?
A: nope, it is neither mineable nor forgeable.
Q: is XLM POS or POW?
A: XLM is neither of two. Behind XML is SCP (Stellar Consensus Protocol), a setting up for FBA (federated Byzantine agreement) .
Q: if Stellar does not support mining how one can get XLM coins?
A: to get XLM you need to buy them on the market. Top volume exchanges are Binance, Poloniex and Bittrex
Q:Any airdrop for XLM?
A: Stellar has already concluded a few giveaway rounds for BTC and XLM holders. They have funds to go further but when the next distribution (if any) will happen is not clear so far.
Q:is there any way to get free XLM?
A: yes, you can register on Stellar official forum (https://www.mystellar.org/member.php?action=register&referrer=5520) . They pay:

a) one-time 25 XLM to each newcomer
b) posting reward of 0.5XML/post
c) for 10 replies in any different tread
d) 140 XLM for any Stellar related project launched by you
e)30 XLM for Ad if your advertisement are considered as original
f) 20 XLM for copy-paste&spam Ad
d) etc.

Hope all above will be helpful. Wink

Please don't referral spam
The forum is not giving any XLM now
Post your recent proof.If you can not do ,please delete this thread

This thread should be deleted for its nothing but a wild geese chase

Spaniarder

member

Activity: 128

Merit: 13

Quote from: Coinky on February 02, 2018, 08:07:04 AM

Please don't referral spam
The forum is not giving any XLM now
Post your recent proof.If you can not do ,please delete this thread

Please, stop throwing FUD here. Pass by. That forum is alive. They pay on a monthly bases. Sometimes payments can be postponed , devs of Stellar are busy with routine of ICO's coming on their platform.

P.S. It sounds like you are interested only in free stuff. Besides that one (which is last BTW) above Q&A have other info. Read it and be calm. Go better to bounty, most of them are delayed for a months if not years.

Coinky

jr. member

Activity: 165

Merit: 2

Quote from: Spaniarder on February 02, 2018, 06:40:42 AM

This is rather common for Stellar novices to learn how XLM can be acquired. Here I am committed to disseminate my knowledge on that in the form of Q&A.

Q: is XLM mineable or forgeable coin ?
A: nope, it is neither mineable nor forgeable.
Q: is XLM POS or POW?
A: XLM is neither of two. Behind XML is SCP (Stellar Consensus Protocol), a setting up for FBA (federated Byzantine agreement) .
Q: if Stellar does not support mining how one can get XLM coins?
A: to get XLM you need to buy them on the market. Top volume exchanges are Binance, Poloniex and Bittrex
Q:Any airdrop for XLM?
A: Stellar has already concluded a few giveaway rounds for BTC and XLM holders. They have funds to go further but when the next distribution (if any) will happen is not clear so far.
Q:is there any way to get free XLM?
A: yes, you can register on Stellar official forum (https://www.mystellar.org/member.php?action=register&referrer=5520) . They pay:

a) one-time 25 XLM to each newcomer
b) posting reward of 0.5XML/post
c) for 10 replies in any different tread
d) 140 XLM for any Stellar related project launched by you
e)30 XLM for Ad if your advertisement are considered as original
f) 20 XLM for copy-paste&spam Ad
d) etc.

Hope all above will be helpful. Wink

Please don't referral spam
The forum is not giving any XLM now
Post your recent proof.If you can not do ,please delete this thread

Arian247

member

Activity: 560

Merit: 11

Quote from: Spaniarder on February 02, 2018, 06:40:42 AM

This is rather common for Stellar novices to learn how XML can be acquired. Here I am committed to disseminate my knowledge on that in the form of Q&A.

Q: is XLM mineable or forgeable coin ?
A: nope, it is neither mineable nor forgeable.
Q: is XLM POS or POW?
A: XLM is neither of two. Behind XML is SCP (Stellar Consensus Protocol), a setting up for FBA (federated Byzantine agreement) .
Q: if Stellar does not support mining how one can get XLM coins?
A: to get XLM you need to buy them on the market. Top volume exchanges are Binance, Poloniex and Bittrex
Q:Any airdrop for XLM?
A: Stellar has already concluded a few giveaway rounds for BTC and XLM holders. They have funds to go further but when the next distribution (if any) will happen is not clear so far.
Q:is there any way to get free XLM?
A: yes, you can register on Stellar official forum (https://www.mystellar.org/member.php?action=register&referrer=5520) . They pay
a) one-time 25 XLM to each newcomer[/color]
b) posting reward of 0.5XML/post
c) for 10 replies in any different tread
d) 140 XLM for any Stellar related project launched by you
e) 30 XLM for Ad if your advertisement are considered as original
f) 20 XLM for copy paste and spam Ad
d) etc.

Hope all above will be helpful. Wink

Am off to get me my free 25 XML

Spaniarder

member

Activity: 128

Merit: 13

Q: is XLM mineable or forgeable coin ?
A: nope, it is neither mineable nor forgeable.
Q: is XLM POS or POW?
A: XLM is neither of two. Behind XML is SCP (Stellar Consensus Protocol), a setting up for FBA (federated Byzantine agreement) .
Q: if Stellar does not support mining how one can get XLM coins?
A: to get XLM you need to buy them on the market. Top volume exchanges are Binance, Poloniex and Bittrex
Q:Any airdrop for XLM?
A: Stellar has already concluded a few giveaway rounds for BTC and XLM holders. They have funds to go further but when the next distribution (if any) will happen is not clear so far.
Q:is there any way to get free XLM?
A: yes, 2 options known for me

1) register on Stellar official forum (https://www.mystellar.org/) . They are commited to pay*:

a) one-time 25 XLM to each newcomer
b) posting reward of 0.5XML/post
c) for 10 replies in any different tread
d) 140 XLM for any Stellar related project launched by you
e)30 XLM for Ad if your advertisement are considered as original
f) 20 XLM for copy-paste&spam Ad
d) etc.

2) get the inflation covering coins by joining one of the inflation pools available
Q: what is inflation pool?
A: the built-in inflation mechanism of Stellar expands the currency supply by 1% annually. It distributes inflation coins to any destination with more than 0.05% of the votes. The distribution takes place on a weekly bases. Currently that threshold to get those coins is around 50.8 M XLM, which is out-of-reach for most individuals. To overcome this issue XLM holders combine their effords inside pools. But if the pool combines less the current threshold holders will not receive inflation cover.
Q: should we deposit XLM to inflation pool to get inflations coin?
A: nope, no deposit, just set your inflation destination address to the pool you choose.
Q: how to set inflation destination in Stellar Desktop Client?
A: click your account, go to Inflation Destination, put pool's address and click vote

Hope all above will be helpful. Wink

__________________________________________
* looks like on random span [/list]

Topic: Q&A for novices on XLM (Lumens) of Stellar (Read 316 times)