Post
Topic
Board Announcements (Altcoins)
Re: Stellar
by
EvaStellar
on 14/04/2016, 22:12:20 UTC
So I gather that no one here can, in a simple step-by-step manner, explain to a non-dev noob like me how to purchase and store XLM. Correct? Gotta know code? Can't find a single (safe) wallet out there. As someone mentioned earlier, Lobstr keeps your private key online. Any help you can offer would be appreciated.

@Weltumschauung here's how you could create an account, buy lumens, and store them w/o handing over your private key:

1) Use the Account Creator tool to generate your public and private key. Save them somewhere safe, like a password vault.

2) Purchase lumens on an exchange and have the exchange send them to your public key.

3) From there, you can use the account viewer to send and receive lumens and check your balance.

The reason that you're seeing a focus on developers precisely because most people need apps/services/tools to interact with the protocol. We're focused on getting people to build localized tools to serve their own communities. We hope this encourages community ownership of the ecosystem, rather than a centralized ecosystem with Stellar.org at the center. Hope that makes sense.