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The base_reserve_in_stroops says 5,000,000 (0.05 XLM) in the following URL. This is a recent ledger entry. Does this mean it only takes 0.1 XLM (2 * 0.5 XLM) to create an account now?

https://horizon.stellar.org/ledgers/20382718

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  • The base_reserve wasn't changed. It is still 0.5 XLM. – Orbit Lens Oct 9 '18 at 1:14
  • Then what is the value in the "base_reserve_in_stroops" field. It used to show 100,000,000. horizon.stellar.org/ledgers/10382718 – NBC Oct 9 '18 at 3:33
  • And btw 2*0.5 = 1 not 0.1 – michelem Oct 9 '18 at 6:29
  • 100,000,000 stroops = 10 XLM. A year ago base_reserve was 10 XLM. – Orbit Lens Oct 9 '18 at 11:22
  • Ok. I see where the confusion is now. I thought 1 XLM = 100,000,000 (100 million stroops) instead of 10,000,000 stroops. Clarity achieved. Thanks. – NBC Oct 9 '18 at 16:59
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As stated here https://www.stellar.org/developers/horizon/reference/resources/ledger.html that's:

The reserve the network uses when calculating an account’s minimum balance.

It's not the account’s minimum balance itself.

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  • Yes and the formula is (2 + # of entries) * base reserve. For a new account that's (2 + 0) * 0.05 = 0.1 XLM. – NBC Oct 9 '18 at 16:39

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