Token creation and management with Rehive

ConnorMac

Greetings!

This is the last part in a 3 part series of creating Stellar applications using Rehive: https://medium.com/rehive-blog/part-3-all-things-tokens-1ebe934b1977. It's a basic guide to creating and distributing a token on the Stellar network via the Rehive API and service.

The current token support is aimed at very basic use cases but we have more complex flows on our roadmap like managing whitelisting with KYC, DEX support etc.

As always we are keen to know what you think or if you have any questions pop round to our public Slack (https://rehive.com/join-slack/)

Nico

ConnorMac
Just had a look at rehive. Awesome project! Addresses big needs of many start ups..
When a user registers himself over the mobile application, will it automatically create a stellar address and establish a trust line?
Or will it be made on behalf of the user as in this example here: https://medium.com/rehive-blog/rehive-demo-guide-859b2af83f7b where you have to credit the user's account balance? What about multiple assets/tokens in the same company?

Thanks in advance

Blackicicle

Thanks! Any tutorial on smart contracts?

ConnorMac

Nico

Thanks! Currently we only support full custodial wallets(users do not control a unique keypair). This means the trustlines are all setup with the companies hotwallet(controlled by Rehive) and warm storage keys(controlled by the company owner). The users of the company cannot setup custom trustlines and will only be able to transact in the tokens the company supports.

When a user registers they get assigned a randomly generated memo that they attach to their transactions to identify their deposits.

Hope that clarifies a few things. We do plan on looking into non-custodial/hybrid wallets to allow shifting more key control to end users.