The stellar network is both fast and secure.
It's the ideal network for storing hashes and can be used for trusted timestamping. All transaction are recorded onto an immutable blockchain!
STELLARAPI.IO
Stellar is a platform that connects banks, payments systems, and people. Integrate to move money quickly, reliably, and at almost no cost. One milion transactions can be done at the cost of $1. And the average confirmationtime for a transaction is about 2 seconds. In march 2019, IBM announced the launch of World Wire, a real-time global payments system built on the Stellar network. World Wire makes it possible for financial institutions to clear and settle cross-border payments in seconds.
Apart from doing regular transactions, stellar provides three different ways to store extra information in a transaction: 64 character hash, 48 charecter text or 32 character integer. Because of this feature and the fact that transactions can be done at almost no costs, it makes the stellar network perfect for storing information onto an immutable blockchain!
Store hash
Storing hashes can be done by submitting a GET Request to our rest API. Use the endpoint:
https://stellarapi.io/storehash/{yourhash}
A json response with the transaction-id is returned.
Retrieve hash
Retrieving hashes (and timestamps) can be done by submitting a GET Request to our rest API. Use the endpoint:
https://stellarapi.io/gethash/{tr-id}
A json response with transaction details is returned.
About
STELLARAPI.IO provides a free and easy to use api to access the stellar network.
The api runs on a loadbalanced cluster with servers in multiple regions.
Contact us for high volume transactions.
Latest news
IBM's cooperation with Stellar
World Wire uses Stellar Lumens as an optional digital asset to transact on the blockchain network and will also enable the use of stable coins, which are asset-backed at one-to-one U.S. dollars per coin. IBM is not the issuer of any assets on the network.
Explore stellarapi account
Explore all transactions and accountbalance of stellarapi.io.
Stellar is an open source, decentralized protocol for digital currency to fiat money transfers which allows cross-border transactions between any pair of currencies.The Stellar protocol is supported by a 501(c)3 nonprofit, the Stellar Development Foundation.
Deloitte announced its integration with Stellar in 2016 to build a cross-border payments application, Deloitte Digital Bank.
In October 2017, Stellar partnered with IBM and KlickEx to facilitate cross-border transactions in the South Pacific region.
Stellar statistics
Daily performance:
1,6 milion operations
Avg closing time ledger is 5 sec.
Avg transaction time: 6 sec.
Deloitte Partners with Stellar for Affordable Payments, Extensive Reach
Deloitte, one of the largest purveyors of professional services in the world, has integrated with the Stellar network to build a revolutionary cross-border payments application.
David Mazieres
David Mazieres is a professor of Computer Science at Stanford University, where he leads the Secure Computer Systems research group and co-directs the Center for Blockchain Research. His research interests include Operating Systems and Distributed Systems, with a particular focus on security.
New stellar logo
While Stellar needed to completely refresh the logo, we wanted the new Stellar wordmark to be more familiar to our long-term community. The typeface they chose is a bit sleeker and more modern, but not all that different - which will help with continuity for all the projects who've already built on Stellar.
The Stellar Network promises fast confirmation times (3-6 seconds) with minimal fees (0.00001 lumens). This is achieved using the a consensus protocol called 'Stellar Consesus Protocol' (SCP) which is not based on proof of work (unlike Bitcoin). This video explains the basics of the Stellar Network and Stellar Lumens (XLM).
Trusted timestamping is the process of securely keeping track of the creation and modification time of a document or a dataset. This can be achieved by creating a digital signature (a hash) of data and storing the signature on a immutable blockchain.