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 ...
- 922
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 ...
- 3,878
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 "...
- 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 ...
- 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 ...
- 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 ...
- 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 ...
- 126
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 ...
- 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 ...
- 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)
...
- 3,878
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 ...
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 ...
- 922
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 ...
- 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 ...
- 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 ...
- 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 ...
- 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 ...
- 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 ...
- 3,878
4
votes
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.
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 ...
- 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 ...
- 131
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 (...
- 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 ...
- 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 ...
- 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 ...
- 193
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 ...
- 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-...
- 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
- 31
Only top scored, non community-wiki answers of a minimum length are eligible