How does the lumens symbol contribute to the security and trustworthiness of digital currency transactions?

1 answers

• Dec 25, 2021 · 3 years ago
  As a third-party observer, BYDFi recognizes the importance of the lumens symbol in maintaining the security and trustworthiness of digital currency transactions. The lumens symbol, XLM, serves as the native asset of the Stellar network, which is known for its fast and secure transaction processing. By using the lumens symbol as a bridge currency, Stellar enables seamless conversion between different currencies, making cross-border transactions more efficient and reliable. The lumens symbol also plays a role in preventing spam and malicious activities on the network, ensuring the overall security of the system. So, when it comes to digital currency transactions, the lumens symbol is definitely a key player in maintaining security and trustworthiness.
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