This page (revision-1) was last changed on 29-Nov-2024 16:16 by UnknownAuthor

Only authorized users are allowed to rename pages.

Only authorized users are allowed to delete pages.

Page revision history

Version Date Modified Size Author Changes ... Change note

Page References

Incoming links Outgoing links
Stellar Network
Stellar Network

Version management

Difference between version and

At line 1 added 13 lines
!!! Overview
[{$pagename}] is a platform that connects banks, payments systems, and people.
[{$pagename}] Stellar is an [Open Source] [protocol|Stellar Consensus Protocol] for value exchange.
[{$pagename}] Servers run a software implementation of the [Stellar Consensus Protocol], and use the internet to connect to and communicate with other [{$pagename}] servers, forming a global value exchange network. Each [{$pagename}] servers stores a record of all “accounts” on the [{$pagename}]. These records are stored in a database called the “[Stellar Ledger]”. [{$pagename}] servers propose changes to the ledger by proposing “transactions”, which move accounts from one state to another by spending the account’s balance or changing a property of the account. All of the servers come to agreement on which set of transactions to apply to the current [Stellar Ledger] through a process called “[consensus]”. The [consensus] process happens at a regular interval, typically every 2 to 4 seconds. This keeps each [{$pagename}] server's copy of the ledger in sync and identicalUsing the [{$pagename}], you can build [Digital Wallets], banking tools, smart devices that pay for themselves, and just about anything else you can dream up involving payments! Even though [{$pagename}] is a complex distributed system, working with it doesn’t need to be complicated.
!! More Information
There might be more information for this subject on one of the following:
[{ReferringPagesPlugin before='*' after='\n' }]
----
* [#1] - [Stellar_(payment_network)|Wikipedia:Stellar_(payment_network)|target='_blank'] - based on information obtained 2016-08-29-
* [#1] - [Stellar Network Overview|https://www.stellar.org/developers/guides/get-started/index.html|target='_blank'] - based on information obtained 2016-08-29-
This page (revision-1) was last changed on 29-Nov-2024 16:16 by UnknownAuthorTop