Hi,
the *. infront of the parameter means the this parameter is applied to all instances.
If you have a RAC installation you can have multible instances. The Instances can share the spfile. Then you have one spfile and 2 or more instances. Parameters like db_name have the same value for all instances.
*.db_name = xyz
Parameters like instance_number must have different values for each insance.
inst1.instance_number = 1
inst2.instance_number = 2
In this way you can have one spfile (or pfile) for all instances.
regards jf