Stellar is one of the most fast-paced and low-cost payment technology that is open-sourced by the sense that it is open-sourced in. Stellar technology is also comparable to ripple technology in the sense that it is similar to ripple in regards to certain features of transactions. It is also interesting that the the co-founder and founder of Ripple, Jed McCaleb, is also the creator of Stellar.
Stellar is described as a platform that facilitates banks to connect, the payment system and for the general public. It is designed to let the flow of money and transactions quickly and smoothly, as well as the advantages of trust and the lowest cost.
What is the term Stellar Horizon Server?
Horizon is an API server that is part of the entire ecosystem of Stellar. Horizon acts as an interface that connects applications that want to connect to the Stellar network as well as stellar-core. Horizon allows you to send transaction data for your Stellar network, keep track of the status of accounts and aids with event stream subscriptions as well as other. Horizon is responsible to provide an HTTP API to data from the Stellar network. It is able to ingest and store the data created from it’s Stellar network, in a way that is more easily consumed by the typical application in comparison to the performance-oriented representations of data that are used for Stellar Core. There is no need to create the own Horizon instance to connect to the Stellar network. There is two Horizon servers used by the Stellar development foundation, specifically the test network and the public network:
They are free servers accessible to anyone and are ideal for projects and development in a limited scale. However, their use is not high and they’re not recommended for the use of production services which requires confidence and security.
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