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33 votes
Accepted

How are the Stellar (XLM) and Ripple (XRP) protocols different?

Tl;dr: Stellar’s protocol (SCP) uses a decentralized state propagation where each node commits to a value if every node it deems trustworthy agrees while Ripple uses a supermajority vote (80%) among ...
Andrei Savin's user avatar
17 votes
Accepted

How to create a token on the stellar network?

It's explained in Issuing Assets article in developer's portal. The process looks like this: Create an issuing account (let's call it account A) From any other account (let's call it B) create a ...
Bartek Nowotarski's user avatar
16 votes
Accepted

Does every transaction on Stellar need XLM as a bridge between 2 assets?

No, Stellar offers path-payment. This means that an user can trade ASSET1 directly to ASSET2 in 2 case: There is a specific trading pair ASSET1/ASSET2 in Stellar Decentralized Exchange There is a "...
Nekrataal's user avatar
  • 1,009
13 votes
Accepted

How do I select an inflation destination?

Some wallets have the ability to input inflation destination (usually in the settings) If your app does not offer you an option to set the Inflation destination, you can do it manually by using ...
manjuu5's user avatar
  • 1,060
13 votes
Accepted

Scalability on Stellar network

Current maximum TPS rate is determined by the following constraints. 1. Maximum number of transactions per ledger Configurable, current value is 50. Defined in the protocol version, may be altered ...
Orbit Lens's user avatar
  • 6,886
11 votes
Accepted

How can I list and sell Stellar based Tokens (not XLM)?

Most wallets support all functions needed for the token creation and distribution. The process is really straightforward. Create two account keypairs: the issuing and holder accounts. Fund both ...
Orbit Lens's user avatar
  • 6,886
10 votes

Does every transaction on Stellar need XLM as a bridge between 2 assets?

The other two answers are totally correct, but I wanted to add some color. Technically, you can create a path payment in Stellar to trade assets using any bridge, but generally you need to use a ...
Michael Dowling's user avatar
9 votes
Accepted

What are the best ways to calculate the time for XLM transaction based on the projected growth of the network?

On Google's cloud servers they managed 36,000,000 transactions per second hour. Visa handles 24,000. So as far as time goes I suspect it will take the same amount of time as it does now unless it gets ...
Jpunsal's user avatar
  • 502
9 votes

Is there an online wallet that supports 2FA and pays inflation?

I'd suggest using a paper wallet. It's very easy to do with Stellar and you have to put your private key in on stellar.org anyway to receive inflation. There is also 2FA available in password keeper ...
Jpunsal's user avatar
  • 502
8 votes
Accepted

How does the Stellar Network tell the difference between a newly issued token and a Lumen?

Assets in Stellar network are represented as a pair that consists of: the code of the asset (ex. MOBI) the issuer account of the asset (ex. GA6HCMBLTZS5VYYBCATRBRZ3BZJMAFUDKYYF6AH6MVCMGWMRDNSWJPIH) ...
Bartek Nowotarski's user avatar
7 votes

Why can't you purchase XLM using standard currency?

To take fiat currency in the first place seems to involve a a bit of financial regulatory work and keeping things in order ( Coinbase , Kraken ) while it is much easier from a compliance standpoint to ...
Cathal A. Dinneen's user avatar
7 votes

How would I make a transaction to buy a physical product using the Stellar Network?

Stellar transactions are non-reversible. A solution to prevent fraud when buying a physical product is to use multi-signature and have both the buyer and the seller agree on an impartial mediator. The ...
Andrei Savin's user avatar
6 votes
Accepted

Is something like smart contracts possible in Stellar?

There is no Turing complete language that is executed as part of the system like in Ethereum and others. That's one of the reasons transactions are so fast on the Stellar network. But you can have ...
alpe1's user avatar
  • 1,300
6 votes

What knowledge and skills are needed to create an App payment checkout with Stellar Network?

Actually, you can setup simple flow by yourself. Check the "Streaming payment events" demo (https://www.stellar.org/developers/js-stellar-sdk/reference/examples.html#streaming-payment-events). You ...
Orbit Lens's user avatar
  • 6,886
6 votes

Does every transaction on Stellar need XLM as a bridge between 2 assets?

You can trade any asset for another when a matching offer exists. It is also possible to do cross-asset payments with up to 6 different hops. This process of finding the best path of a payment is ...
alpe1's user avatar
  • 1,300
6 votes
Accepted

Why is XLM considered to be the most liquid asset on the stellar network?

I believe it's argued that XLM is the most liquid asset because it is ubiquitous. (At least, that's why I think it will always be). The ability for an account to hold an asset requires a trust line ...
Synesso's user avatar
  • 3,367
5 votes

XLM storage on hardware wallets Ledger Nano S vs Ledger Blue

Ledger Blue support is about to be released. The only reason the Ledger Blue was not supported until now is simply that it requires work and nobody had done it until now. But it will be available in ...
Dupe's user avatar
  • 335
5 votes
Accepted

Custom keypair with the Ledger Nano S

Generating a vanity address is trial and error process. You generate key pairs until you find a public key with a prefix you want. You can apply the same method here. For example, in Go use ...
Bartek Nowotarski's user avatar
4 votes

How to create a token on the stellar network?

I created the following to help understand this.
swidnikk's user avatar
  • 181
4 votes

How to create a token on the stellar network?

https://stellar.army - see second tab. The code is also opensourced, see the github link on top right.
Steve Gehrman's user avatar
4 votes
Accepted

How does using "channels" increase transaction volume?

The channel is a set of accounts from which you wish to consume sequence ids. This set should be as large as the maximal number of transactions you need to process concurrently. In this way, you can ...
Synesso's user avatar
  • 3,367
3 votes

What gives stellar value?

It has no intrinsic value, i.e. it is not backed by other arbitrary good of value (e.g. Gold). As a bridge currency, it needs to have a certain price in order to calculate exact exchange rate between ...
shad0w_wa1k3r's user avatar
3 votes
Accepted

Do tokens created through Stellar map one-to-one?

No. New tokens on Stellar are created through adding a trustline with a Change Trust operation. You can set up as many trustlines as you want so long as you fulfil the minimum account balance (...
Brian Ng's user avatar
  • 188
3 votes

Is something like smart contracts possible in Stellar?

Yes, there is something similar, but no programming language is needed. The smart contracts functionality is possible by using operations that allow for offer management, payment, while adjusting ...
maxint's user avatar
  • 303
3 votes
Accepted

Are there any frameworks for managing the exchange of XLM between two XLM addresses when the receiving end party address isn't known?

This is a great idea but with high security risks. You can ask the user to provide the public key to get the reward or to generate a new address/secret so you can send them the money without ever ...
Kuyawa's user avatar
  • 1,328
3 votes

Why can't you purchase XLM using standard currency?

In addition to @Carl Anthony D.'s answer re: fairx.io, Fiat ramp to purchase XLM is limited to CNY (Chinese Yuan) at https://ripplefox.com/. As @Carl Anthony D. already mentioned, the regulatory ...
Crosscounter's user avatar
3 votes

How I can buy SLT for gryvna (Ukrainian money)?

Brief guide to buying ANY Stellar-based asset In general the approach looks like the following: Fiat Money (USD, EUR etc.) → XLM (Stellar internal currency) → Asset of your choice 0. Prerequisites In ...
Orbit Lens's user avatar
  • 6,886
3 votes

How to do make the minimum XLM deposit upon account creation

The createAccount operation takes a starting balance argument, and the account that creates the new account pays. https://www.stellar.org/developers/guides/concepts/list-of-operations.html#create-...
Johan Stén's user avatar
  • 1,947
3 votes

what is the minimal balance for staking xlm

it seems its a scam. I sent 39 coins to test said too low sent 600 more said too low.. must be scam
shadi's user avatar
  • 31

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