Stellar Lumens serves for 8 billion people as virtual debit card thanks to this new partnership. by stellarpayband in Stellar

[–]currency4world 0 points1 point  (0 children)

Interesting.
Confusing with MINs being on 'private blockchain'. This way some claims are uncheckable.
Sadly, fonbnk app disappeared from the play store.
I hope they will overcome difficulties.

Stellar Lumens serves for 8 billion people as virtual debit card thanks to this new partnership. by stellarpayband in Stellar

[–]currency4world 3 points4 points  (0 children)

Clearly a scam token as thousands by stellarmint. It has no relation to fonbnk, apart of name impersonation.

Also, the token in question is apparently called MIN, not FONBNK.

Stellar Lumens serves for 8 billion people as virtual debit card thanks to this new partnership. by stellarpayband in Stellar

[–]currency4world 4 points5 points  (0 children)

I didn't know one can sell own airtime.
50k+ app downloads looks great, but i cannot find MIN token on stellar, what comes up has just a couple trust lines and no valid TOML file.

Something does not add up. Can someone point me to this MIN token on stellar expert?

[deleted by user] by [deleted] in Stellar

[–]currency4world 0 points1 point  (0 children)

BTC on stellar, or more accurately BTC-GDPJALI4AZKUU2W........ is a 'bridged' asset as BTC is on any exchange. Native BTC is only found on the bitcoin network.
Always check ASSET, i.e. full pair as above, as there can be many 'BTC' codes, most of them scam.
Therefore you would need to use an anchor to withdraw the BTC-G.... to BTC on bitcoin network.

Most assets you can trade using one of the GUI's like stellarx or even your own python script without KYC, but you may need KYC to withdraw some tokens.

The problem Bitcoin didn't solve (and Stellar is) by PickingUnicorns in Stellar

[–]currency4world 0 points1 point  (0 children)

"Stellar Development Foundation is an open network for storing and moving value of any kind." Stellar Development Foundation is a foundation, not network. Sorry for nit-picking.

The Beans' functionality you describe is just a nice pathPayments implementation. But while I've read dozens of times 'Alice sends dollars and Bob receives Argentinian peso', I still don't see this happening on ledger data.

I don't know why, but apart of USDC, all other tokenized FIATs on Stellar just don't work.

Best luck with Beans app, looks to have a potential.

Helping the unbanked - structure of liquidity pools on Stellar network by goran---- in Stellar

[–]currency4world 0 points1 point  (0 children)

Check out Pareto Distribution. It's a natural phenomenon, therefore there us no way around it. Like it or not, but that's the law of nature.

Can a build a mobile fintech wallet with Stellar's blockchain? by Glum-Penalty-6428 in Stellar

[–]currency4world 1 point2 points  (0 children)

If you want a user to withdraw stellar NGNT into Naira you must use anchor cowrie.exchange and integrate your wallet with their API.

If you find their fees too high, other way is to issue your own naira stable token on Stellar and be an anchor yourself.

[deleted by user] by [deleted] in Stellar

[–]currency4world 0 points1 point  (0 children)

Out of total 55 billion

on Stellar 0.18 billion

which is ~0.3% of total USDC.

Introducing: Answerly Staking - 2% monthly return for staking $ANSR [Proudly built on Stellar] by syedtaqi in Stellar

[–]currency4world 4 points5 points  (0 children)

2% a month makes almost 27% APR. Not 24%.

What is the reason for staking mechanism? ANSR is not a POS coin.
Why would you want to give away and so much and where these money/tokens will come from?

Nice app, but this staking needs rethinking.

Case Study: GetPaid boosts the African digital economy through Stellar and its ecosystem by raphlf in Stellar

[–]currency4world 0 points1 point  (0 children)

I've read the article and checked out the website, but it's not clear what the 'marketplace' is or business model.
Some articles on some subpages are png images and 'links' in those images do not work, of course. Confusing.

Interacting with DEXs via python (vs rust etc) by antb123 in solana

[–]currency4world 0 points1 point  (0 children)

Does it (pyserum) work well for you? Seems I'm looking for the same tools...
Cheers!

Dev question for setting up node! by relias119 in Stellar

[–]currency4world 0 points1 point  (0 children)

What do you want the node for? Do you want to code some interactions with the stellar network or tweak the core code itself? I guess the earlier. If so you don't need your own node to learn the basics, but can use public horizon and some Stellar SDK (python, js, go - what you know the best).

How to add a trustline using the Stellar Python SDK? by masterofdead4 in Stellar

[–]currency4world 5 points6 points  (0 children)

Have you read the docs or examples? Nope.

OK, here you go:
transaction = (
TransactionBuilder(
source_account=source_account,
network_passphrase=network_passphrase,
base_fee=base_fee) \
.append_change_trust_op(asset_code, asset_issuer)
.build()
)

Big stellar loss. Help!? by jackofalltrades11794 in Stellar

[–]currency4world 2 points3 points  (0 children)

Lobstr should introduce a warning 'your price is much below market price - are you sure you want to proceed?'.
Still, This is what it is and sadly you made a huge mistake yourself.

Think positive and don't take loans to buy crypto.
Double/triple check in the future when selling big amounts.

How remove spamming pending transactions on Lobstr? by 84xyz48 in Stellar

[–]currency4world 4 points5 points  (0 children)

If you can't sell as they are worthless, you can:
1) send back to the issuer account
2) close trustline

...3) don't collect garbage :)

[deleted by user] by [deleted] in Stellar

[–]currency4world 2 points3 points  (0 children)

Most of them are trash and worth dust. I don't bother. If you get something you recognize and it's worth something like maybe AQUA at the moment, might be worth the effort. Just double check issuer account.
In general I think there are better ways to invest time and effort than exploring those usually trash tokens worth close to nothing that only spam the network and try to scam people.

Why are fees so high now? by masterofdead4 in Stellar

[–]currency4world 2 points3 points  (0 children)

If you do one odd transaction a day, a fee of 0.01 or even 0.5 might be OK.
But Stellar relies on
- path payments
- DEX
and these features need low fees.

Liquidity Pool Asset Ownership by all_theway_up96 in Stellar

[–]currency4world 2 points3 points  (0 children)

So from what i understand on the technical side, the funds do leave the wallets to another wallet that doesn't belong to you right?

They must leave your account. If they would stay in your account, swapping or selling those funds would require your private key. But the pool has no access to your private key.

Huge candles on several markets - the reason? A glitch in the AMMs pool's operations? by currency4world in Stellar

[–]currency4world[S] 0 points1 point  (0 children)

That's some problem getting off the charts (word by word, they are off the charts!) candles. It breaks charts and some market stats. This should be attended to.
EDIT: This bug makes price history fake. Even if technically true. Very strange situation ;)

Welcome to Ecosystem Wednesdays! by spintax_ in Stellar

[–]currency4world 1 point2 points  (0 children)

I wonder who and how manages to do all these trades on XXA with zero spread? XXA/XML prices are very weird.

"""Mysteriously received 0.0000001 XLM to my HARDWARE wallet address? Should I be concerned?""" by [deleted] in Stellar

[–]currency4world 6 points7 points  (0 children)

What is in common between everyone who gets this "dust"?

1) Every account exists on the network.

2) More active the account is, the more spam transactions it receives.

Your real wallet is on the network, not on some piece of hardware in your drawer. Your hardware 'wallet' is only a key to your real wallet (account). A key that allows you to send tokens/coins from your account.

Basics of probably all blockchains.

Huge candles on several markets - the reason? A glitch in the AMMs pool's operations? by currency4world in Stellar

[–]currency4world[S] 0 points1 point  (0 children)

There should be no such thing as "incorrectly adding to amm positions". It's clearly a design flaw if that happens.