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<tadakaluri> @eva, Yes please give me the link to tutorial
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<eva> @tadakaluri: will send it to you now
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<cmoperation> stellar rank 12
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<tadakaluri> OK
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<tadakaluri> Can one one tip me some Stellar Please........... Small amount can also help me to start my project here: GCOSNG6VCTLRXIW5RLFIKQVGHQUUMVFEPMCTLUNW3FSZP7KEEZWGWXJW
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<sacarlson> did you already get the funds I sent you yestarday?
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<tadakaluri> Nope
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<tadakaluri> They are not showing in my account
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<tadakaluri> I think, because of testnet
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<sacarlson> did you look on testnet?
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<eva> @tadakaluri: are you trying to do a testnet project or live network? The account you sent is on the live network
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<eva> (that viewer is also only for live net)
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<eva> you can check balances of live and test net in the Stellar Laboratory https://www.stellar.org/laboratory/#explorer?resource=accounts&endpoint=single&values=eyJhY2NvdW50X2lkIjoiR0NPU05HNlZDVExSWElXNVJMRklLUVZHSFFVVU1WRkVQTUNUTFVOVzNGU1pQN0tFRVpXR1dYSlcifQ%3D%3D
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<eva> If you’re still testing out a project, I would highly recommend using the testnet
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<tadakaluri> I would like to issue an Asset on behalf of my real company......... So testnet is not useful for me
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<eva> @tadakaluri: totally understand. It’s just often a good practice to learn on the testnet first, but you’re welcome to start with the live net if you wish
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<sacarlson> I strongly suggest you learn on testnet first before you do any issues on Live net
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<eva> Just FYI, you shouldn’t need more than just a few lumens to start the project, and it looks like you have 50
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<eva> each transactions costs a tiny fraction of a lumen, so that’d last you a long time :)
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<sacarlson> yes 50 lumens is almost enuf but to issue you also need 2 accounts one to issue and one to hold and trade
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<tadakaluri> what is the meaning of it:
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<tadakaluri> Ok, I think I need to study Stellar more thoroughly........... So I need to play with it to now how things work
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<sacarlson> tadakaluri: what is the symbol of your asset? I'll issue some of your asset to you on testnet from my app to show how fast and easy it is
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<tadakaluri> MNAMS
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<sacarlson> 5 letters hmm not sure my software supports that yet but I can try
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<sacarlson> stellar does support up to 12 letter symbols
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<tadakaluri> Ok
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<tadakaluri> What about quantity of Asset?
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<sacarlson> I would also require that you add trustline on your side so to do that I could eather send you a link with a preissued asset I guess would be the easy way to deliver it to you
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<tadakaluri> OK
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<sacarlson> the quantity of an asset can be any value down to 7 decimal places like 10.1234567
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<tadakaluri> ok
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<sacarlson> tadakaluri: sorry found a bug in my software for add trustlines that is now fixed and now have an account with your new symbol MNAMS
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<sacarlson> the account public is GBEPIFEZ26ZKAYIPZUVRZ2OIHF3MQFQG56MK7UCMBIBRFBDOUTAJ3C5K
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<sacarlson> present balance in MNAMS is now zero
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<sacarlson> I've now issued it a quantity of 2016 MNAMS with issuer address of GAX4CUJEOUA27MDHTLSQCFRGQPEXCC6GMO2P2TZCG7IEBZIEGPOD6HKF
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<tadakaluri> Great
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<tadakaluri> Where can we trade them?
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<sacarlson> the app in advanced has trading as well
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<sacarlson> what we don't have yet is a history of past trading prices
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<sacarlson> the feature that will be added soon is to swap asset base price in order and history lists
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<tadakaluri> But these features are on NXT Asset Exchange, You can see it for an Idea
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<sacarlson> yes I looked. I like there user interface that I will copy later
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<sacarlson> but how much do NXT cost as you said you needed 1000 to sell an asset
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<sacarlson> ours costs 20 cents for 5 million transactions
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<sacarlson> and with interest in our pool you never really have to pay any fee's at all
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<sacarlson> oh you mean for the history part. I didn't see how they store that yet
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<lab> anyone noticed https://github.com/buckie/juno ? they claims using the tech from stanford scs same as stellar.
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<tadakaluri> @sacarlson, The 1000 NXT fee is to create any Asset. The transaction fee is 1 NXT per each transaction
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<tadakaluri> @lab, it may be from JPMorgan
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<sacarlson> @tadakaluri: so it cost about 4000X more per transaction on the NXT network since it costs .0018 usd for 1 XLM and one transaction is .0001 XLM. NXT cost .0073 USD for 1 NXT with tx cost of 1.0 NXT per transaction
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<sacarlson> @lab I read the juno github. it's not quite exactly like stellar with the bigist diff being it's not open ledger system. it's setup as a closed group of trusted systems. But stellar has options I guess to setup in that way. otherwise much of the other parts are the same
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<dzham> IIRC, NXT has a global asset registry, so the higher cost most likely is there to make it more expensive to hoard asset names
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<sacarlson> oh a name like USD can't be duplicated on NXT?
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<sacarlson> for those that might want to try looking a a prefunded wallet just to show it can be done with multi assets http://sacarlson.github.io/my_wallet/index.html?json={%22seed%22:%22SAECNXC2DGMDYTNY7TUCYMZVN55XBE3K2SRCDG2Q5CSHEM2UTKVH5JO2%22}
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<sacarlson> or the same encrypted with passphrase "test" http://sacarlson.github.io/my_wallet/index.html?json={%22seed%22:%22U2FsdGVkX18wd1/vvAoYy/OhDy5jfvhG062hjqjunwgx9gMgIv0e5uQ7gjHaM+UNWG2SadZqd9ZR2MkTeexdfcqli0g235wDDlluNuBFrAo=%22}