• What is ThaneX
    ThaneX is a completely free Non Custodial DeCentralised Wallet on the Stellar Network.
    A Non Custodial Wallet is where the user has full control of his/her own account.
    No third party even ThaneX has access to your funds/account.
    When registering the user is given a Private Key and a Public Key.
    The user must keep the Private Key safe and secure somewhere.
    If the user looses the Private Key he/she will loose access to their account.
    Private Key cannot be obtained by any other means.
    So it is vital that the Private Key is stored safe somewhere.
    The Public key is the key the user use to send, receive and hold his/her tokens/coins in the wallet.
    Users can also use their public key to trade between other Cryptocurrencies.
  • What is Stellar Lumens
    Stellar Lumens are the native currency of the network. A lumen is the only asset type that can be used on the Stellar network that doesn’t require an issuer or a trustline. Any account can hold lumens. You can trade lumens for other assets in the network.
  • What is a Trustline
    When you hold assets in Stellar, you’re actually holding credit from a particular issuer. The issuer has agreed that it will trade you its credit on the Stellar network for the corresponding asset–e.g., fiat currency, precious metal–outside of Stellar. Let’s say that Scott issues oranges as credit on the network. If you hold orange credits, you and Scott have an agreement based on trust, or a trustline: you both agree that when you give Scott an orange credit, he gives you an orange. When you hold an asset, you must trust the issuer to properly redeem its credit. Since users of Stellar will not want to trust just any issuer, accounts must explicitly trust an issuing account before they’re able to hold the issuer’s credit. In the example above, you must explicitly trust Scott before you can hold orange credits. To trust an issuing account, you create a trustline. Trustlines are entries that persist in the Stellar ledger. They track the limit for which your account trusts the issuing account and the amount of credit from the issuing account that your account currently holds.
  • What is an Anchor
    Any account can issue assets on the Stellar network. Entities that issue assets are called anchors. Anchors can be run by individuals, small businesses, local communities, nonprofits, organizations, etc. Any type of financial institution–a bank, a payment processor–can be an anchor. Each anchor has an issuing account from which it issues the asset. As an anchor, when you issue an asset, you give it an asset code. Assets are uniquely identified by the asset code and the issuer. Ultimately, it’s up to the issuer to set the asset code. By convention, however, currencies should be represented by the appropriate ISO 4217 code. For stocks and bonds, use the appropriate ISIN number. For your orange, goat, favor, or beer anchors, you’re on your own–invent an appropriate code!
  • What is a Stroop
    A “stroop” is the smallest amount unit. It is one ten-millionth: 1/10000000 or 0.0000001. The term stroop is used as a convenient way to refer to these small measurements of amounts. The plural form is “stroops” (e.g. “100 stroops”). Fun fact: this term is derived from Stroopy, the name of the Stellar mascot whose name is derived from stroopwafels.
  • What is a Federation Address
    The Stellar federation protocol maps Stellar addresses to more information about a given user. It’s a way for Stellar client software to resolve email-like addresses such as name*yourdomain.com into account IDs like: GCCVPYFOHY7ZB7557JKENAX62LUAPLMGIWNZJAFV2MITK6T32V37KEJU. Stellar addresses provide an easy way for users to share payment details by using a syntax that interoperates across different domains and providers.Stellar addresses are divided into two parts separated by *, the username and the domain. For example: jed*stellar.org: jed is the username, stellar.org is the domain. The domain can be any valid RFC 1035 domain name. The username is limited to printable UTF-8 with whitespace and the following characters excluded: <*,> Although of course the domain administrator can place additional restrictions on usernames of its domain. Note that the @ symbol is allowed in the username. This allows for using email addresses in the username of an address. For example: maria@gmail.com*stellar.org.