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<p></p><img src="https://academy-public.coinmarketcap.com/srd-optimized-uploads/b58249db69734052a1816ef3fcf8c158.JPG" /><h2 id="header-0"><strong>Total: 7 588 181 accounts</strong></h2><p>The total number of accounts as of June 2023 is 7.59M</p><h2 id="header-1"><strong>Stellar Accounts</strong></h2><p>Users  interact with the Stellar network through accounts. Everything else in  the ledger (assets, offerings, lines of trust, etc.) belongs to  accounts, and accounts must authorize all changes to the ledger through  signed transactions.</p><p>Accounts  are the central data structure in Stellar: they store balances, sign  transactions, and issue assets. Accounts can only exist with a valid key  pair and the required minimum XLM balance.</p><p>For minimum balance requirements, see the <a href="https://developers.stellar.org/docs/fundamentals-and-concepts/lumens#minimum-balance" rel="noopener noreferrer nofollow">lumens section</a>. Accounts consist of the following fields.</p><p><strong>AccountID</strong></p><p>The public key used to create the account. This key is preserved across various key assignments.</p><h2 id="header-2"><strong>Balances</strong></h2><p>The  amount of this asset in the account. Each asset has its own balance,  and these balances are stored in trust lines for each asset, except for  XLM, which is stored directly in the account.</p><p><strong>BalanceID</strong> - a parameter required when claiming a newly created record using the  Claim Required Balance operation. ClaimableBalanceID - SHA-256 hash of  OperationID for claimable balances.</p><h2 id="header-3"><strong>Flags</strong></h2><p>Flags  control access to the asset at the account level. When you release an  asset on Stellar, anyone can hold it by default. This is generally good:  easy access means more reach and better liquidity. However, if you need  to control access to an asset for compliance purposes (or for any other  reason), you can easily do so by enabling flags in your release  account.</p><p>Flags  are created at the account level using the set_options operation. They  can be installed at any point in an asset’s life cycle, not just when it  is released.</p><h2 id="header-4"><strong>Home domain</strong></h2><h2 id="header-5"></h2><img src="https://academy-public.coinmarketcap.com/srd-optimized-uploads/e46431095f71496e84d8752fc5bfa47f.JPG" /><p>The  fully qualified domain name (FQDN) associated with a Stellar account,  used to create an intranet link to a Stellar Info File that contains  off-chain metadata. Can contain up to 32 characters.</p><h2 id="header-6"><strong>Liability</strong></h2><p>A buying or selling obligation, required to satisfy (selling) or accommodate (buying) transactions.</p><h2 id="header-7"><strong>Number of entries sponsored by this account</strong></h2><p>Sponsored  reserves were introduced in CAP-0033 and allow an account (sponsored  account) to pay for base reserves for another account (sponsored  account). As long as this relationship exists, the underlying reserve  requirements that normally accumulate in the sponsored account now  accumulate in the sponsoring account.</p><h2 id="header-8"><strong>Number of sponsored reserves</strong></h2><p>Anything  that increases the minimum balance can be sponsored (account creation,  offers, lines of trust, data entry, signers, required balance).</p><h2 id="header-9"><strong>Number of subentries</strong></h2><p>Accounts store data in sub-entries, and each sub-entry increases the required minimum account balance.</p><p>Basic reserve is the unit of measure used to calculate the minimum account balance. One base reserve is currently 0.5 XLM.</p><p>Account  data is stored in sub-entries, each of which increases the minimum  account balance by one basic reserve (0.5 XLM). An account cannot have  more than 1000 sub-entries.</p><p><strong>Possible subentries</strong>:- Trust lines (including traditional assets and pool shares)- Offers- Additional Signers- Data records</p><h2 id="header-10"><strong>Sequence number</strong></h2><p>Used to identify and verify the order of transactions with the original account.</p><p>The  transaction sequence number must always increment by one (unless the  minimum sequence number preconditions are set or the increment sequence  operation is used).</p><h2 id="header-11"><strong>Signers and multisig</strong></h2><h2 id="header-12"></h2><img src="https://academy-public.coinmarketcap.com/srd-optimized-uploads/678396ca5137463c83b98e9b641ff1d5.JPG" /><p>Signatures  are the authorization of transactions on the network. Transactions  always require authorization with at least one public key to be valid,  and typically the signature comes from the original account. Sometimes  transactions require more than one signature.</p><p>Transaction  signatures are created by signing the contents of the transaction  object with a secret key. Stellar uses the ed25519 signature scheme, but  there is also a mechanism to add additional types of public and private  key schemes. A transaction with an attached signature is considered  authorized by this public key.</p><h2 id="header-13"><strong>Thresholds</strong></h2><h2 id="header-14"></h2><img src="https://academy-public.coinmarketcap.com/srd-optimized-uploads/e62fcd71a9d64a1cb5025af0cde80ada.JPG" /><p>Each  operation falls under a certain threshold category: low, medium or high  with a numerical level from 0 to 255. This threshold determines how  much signature weight is required to authorize the operation.</p><p>To view the threshold for each transaction, see the <a href="https://developers.stellar.org/docs/fundamentals-and-concepts/list-of-operations" rel="noopener noreferrer nofollow">List of transactions</a> section.</p><p>Accounts  can set their own signature weight, thresholds, and additional  signature keys using the Set Options operation. By default, all  operation thresholds are set to 0, and the master key has a weight of 1.  In most cases, it is recommended to set thresholds such that low &lt;&#61;  medium &lt;&#61; high.</p><p>If  the master key weight is set to 0, it cannot be used to sign  transactions, even for operations with a threshold value of 0. Be very  careful when setting the master key weight to 0. This can permanently  block your account (although if the account has other signers, they can  still continue to sign transactions).</p><h2 id="header-15"><strong>Thank you for reading to the end!</strong></h2><p>We  have covered in detail the basic concepts of Stellar accounts. A better  understanding of the intricacies of setting up your Stellar accounts  will give you more freedom to be efficient, creative, solve business  problems and achieve your goals.</p><p><em>Explore the Stellar universe with the <a href="https://scopuly.com/" rel="noopener noreferrer nofollow">Scopuly DeFi wallet</a>, one of the best wallets in the Stellar ecosystem.</em></p>

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