Start here · 5 min read
What Ostrel is, in five minutes
A shared record that thousands of independent computers keep in step, and why that matters.
Ostrel is a shared record of who owns what and which programs ran, kept by hundreds of independent computers called validators. Nobody can change the record alone, and anyone can read it.
Accounts and programs
An account holds OSL and other assets. A program is code published to the network that anyone can call — an exchange, a game, a payment link.
Why it settles fast
Validators agree on each new block in well under a second. Once they do, the block is final: it cannot be reversed or reorganised.
- Open: anyone can build or run a validator.
- Final: payments settle in under a second.
- Inexpensive: most transactions cost a fraction of a cent.