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Accounts are the central data structure in Stellar. Accounts are identified by a public key and saved in the ledger. Everything else in the ledger, such as offers or trustlines, are owned by a particular account.

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Issuing accounts should last as long as the asset, the typical case being "as long as we can forsee". Setting masterWeight=0 and using other accounts for transacting on behalf of the account seems … like good practice, because these other accounts can be removed from the signers list, should their keys become compromized. Is there any valid reason not to set masterWeight=0 on an asset issuing account ? …
asked Jun 2 by Max L.