LumenAsk is a decentralized social platform built on the Stellar blockchain, focused on Questions & Answers.
LumenAsk Latest Questions
Stellar accounts must maintain a small minimum XLM balance (currently 1 XLM) to prevent spam and ensure network efficiency.
Stellar can handle thousands of transactions per second with near-instant finality, making it highly scalable for both personal and enterprise use.
Horizon is Stellar’s API server that connects applications to the Stellar network. It lets developers submit transactions, check balances, and more.
Yes! Businesses can use Stellar to issue tokens, process payments, manage payrolls, and provide borderless financial services.
A trustline is a user’s way of saying they trust a specific asset on Stellar. It must be established before receiving non-native assets like custom tokens.
Stellar enables fast and affordable cross-border transactions by using anchors and on-chain asset swaps, making it ideal for remittance and international finance.
Soroban is Stellar’s smart contract platform, designed to bring scalable, secure, and developer-friendly smart contracts to the Stellar ecosystem.
Yes! Stellar offers simple APIs, SDKs in multiple languages, and tools like Horizon and Soroban (for smart contracts) to make building on blockchain easy.
Stellar can benefit remittances, fintech, DeFi, cross-border trade, aid distribution, asset tokenization, and more—basically any sector needing fast and affordable financial infrastructure.