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What is Ostrel?

A shared record of who owns what, kept in step by hundreds of independent computers. Here is what that means and why it is useful.

A network nobody owns and everybody can use

Ostrel records balances and runs programs — the apps people use — on a network of validators operated by independent people and companies in dozens of countries. Because no single company runs it, no single company can freeze it, change it or switch it off.

OSL, the network's token, pays for transactions, is staked by validators to secure the network, and is used to vote on how the network changes.

Two hands holding a smartphone with a dark, blank screen.

Principles

Four things the network promises

  • Open

    Anyone can build a program, run a validator or read the full history. No permission is needed.

  • Final

    A block is irreversible about 0.4 seconds after it is proposed. Nobody can roll it back.

  • Inexpensive

    Most transactions cost a fraction of a cent, and busy apps get their own fee lane.

  • Governed in public

    Changes are proposed openly and decided by a stake-weighted vote.

How it works

From your app to the validators

Each layer does one job. Select one to read what it does.

Layer 01

Applications

Wallets, exchanges, payments, games and social apps. They call programs on the network and show people the result — usually in under a second.

  • Passkeys and session keys for wallet-light apps
  • Readable names instead of long addresses
  • Every listed app in the ecosystem directory

Guides

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Questions

The short answers

Look up a term in the glossary
What is Ostrel?

Ostrel is an open, proof-of-stake Layer 1 network. Applications settle in under a second and most transactions cost a fraction of a cent.

What is OSL used for?

OSL pays transaction fees, is staked to secure the network and is used to vote on governance proposals.

Who runs the network?

Hundreds of independent validators in dozens of countries. The foundation funds development and grants but cannot change the chain on its own.

Is this investment advice?

No. Nothing on this site is financial, legal or tax advice. Digital assets can lose value.