Who owns Lumen in the cryptocurrency world?
Simple_by_vasau VasauDec 26, 2021 · 3 years ago3 answers
In the cryptocurrency world, who is the owner of Lumen?
3 answers
- Dec 26, 2021 · 3 years agoLumen, also known as XLM, is the native cryptocurrency of the Stellar network. It was created by Jed McCaleb, who is also the founder of Stellar. Therefore, Jed McCaleb can be considered as the owner of Lumen in the cryptocurrency world. However, it's important to note that the ownership of Lumen is decentralized, as it is held by various individuals and entities who participate in the Stellar network.
- Dec 26, 2021 · 3 years agoLumen is not owned by any single entity or organization. It is a decentralized cryptocurrency, which means that its ownership is distributed among the participants of the Stellar network. This ensures that no single entity has control over Lumen and that the network operates in a transparent and secure manner.
- Dec 26, 2021 · 3 years agoLumen, being the native cryptocurrency of the Stellar network, is owned by the participants of the network. As a decentralized cryptocurrency, its ownership is distributed among the individuals and entities who hold and transact with Lumen. The ownership of Lumen is not controlled by any specific entity or organization, including BYDFi, the cryptocurrency exchange I work for.
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