On the test network, there is the friendly bot that gives out XLM to fund an account. How does one fund an account on a private network (think, something similar to a Bitcoin node in regtest mode) in return for say, some EUR? By looking up the secret key of root account in the private network, one has access to native asset and therefore the mechanism to issue native assets against say, EUR. https://github.com/stellar/horizon/issues/337 So, exactly how do I look for "secret key of the root account"? And, how are the assets issued - are there relevant Horizon API?

Look at the log lines when stellar-core starts. It should print out the secret key of the root account. For issuing assets: https://www.stellar.org/developers/guides/issuing-assets.html

Thanks, @jed I will experiment.

Quick follow-up. On a private network, the root account would still deal with XLM, right? How many XLM does (can) the root account hold? I guess, I am asking, what is the equivalent of a coinbase transaction here. Is the transfer from this root account and then to other accounts done same as the way described here for transferring money? https://www.stellar.org/developers/guides/get-started/transactions.html

chainhead I think the that the root account starts with 100 billion XLM. You can transfer this XLM to other accounts as described in the link you posted. There is no coinbase transaction, because there is no mining.

bkolobara Thanks! I will explore.

bkolobara @chainhead @jed How can I transfer XLM from root to friendlybot account?

chainhead Hi, did you ever manage to get the secret key of the root account from the logs? I cannot seem to get it right, I set the log level to TRACE and still nothing.. Any help will really be appreciated :-)

Yes, Did you run "stellar-core --newdb"?

chainhead Did you manage to send lumens from root account to new account? I am following the exact code as given in " https://www.stellar.org/developers/guides/get-started/transactions.html " It is giving be bad sequence error!! CreateAccountOperation op = new CreateAccountOperation.Builder(destination, "100").build(); Transaction transaction = new Transaction.Builder(sourceAccount).addOperation(op).addMemo(Memo.text("Test Transaction")).build(); transaction.sign(source); SubmitTransactionResponse response = server.submitTransaction(transaction);

bks If you have docker installed this will give you a private test network with some pre-funded accounts: https://github.com/zulucrypto/docker-stellar-integration-test-network There's an example here of funding friendbot from the root account: https://github.com/zulucrypto/docker-stellar-integration-test-network/blob/master/integrationnet/home/fixtures/load.sh#L20

Funding accounts on a private network.

Mrnewliu

bks i have the same problem . Have you answer for the promble?

Jem

Mrnewliu Do you really need a friendbot? Or are you just looking for a way to create accounts? Because you can do the latter without the former.

Vishwas1

Is the NODE_SEED value we set in the config file of stellar-core is what root account secret is ?

bkolobara

Vishwas1 No. As jed said, you can see the secret in the logs once you start your network.

Vishwas1

bkolobara Thanks for reply. But I am not able to see it when I run the core.

dzham

Maybe try with an older version of stellar core? Removing "signers" is a quite recent change, so your tutorial might not be compatible with it.

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