SatoshiPay Supports Decentralization and Resilience of Stellar Lumens (XLM)

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SatoshiPay Supports Decentralization and Resilience of Stellar Lumens (XLM)

SatoshiPay, a company involved in processing micropayments offering a payment platform for fast and secure transactions, announced starting to operate the first cluster of full validator nodes which are globally distributed.

The main objective behind this case is to maintain a database of previous operations on the ledger, also creating history archives made to be publicly available.

Moreover, SatoshiPay is bringing the “fastest API” for the ledger querying.

SatoshiPay to Condition Increased Adoption for XLM with the New Setup

SatoshiPay announced in an official release on Medium on January 9th, launching of Stellar full nodes, said to contribute to the overall decentralization and resilience of Stellar Lumens network.

In the official announcement, SatoshiPay emphasized that one of the core strengths of Stellar Lumens lies in Stellar Consensus Protocol, adding that they understand the necessity for diversity and reliability within the validator network.

With Stellar Consensus Protocol decentralization is enabled without additional sources, while the team SatoshiPay claims that they have already maintained successful operations of validator nodes in Germany, on which they have been working for over a year.

By far, SatoshiPay have been working only with light nodes, where they have worked solely on maintaining the most recent state of the validation ledger, while as of the time of the initial announcement, SatoshiPay will be operating with full nodes which should allow archiving with node consumption of more than 700 GB of storage space for each full node.

SatoshiPay also stated that the full nodes operations could also assure an increased adoption of XLM.

Stellar Cluster Validators Now Redesigned

Almost a week ago, SatoshiPay completed the described upgrade by redesigning the cluster validators of Stellar Lumens.

Validators are said to be distributed around the world, located in Frankfurt in Germany, Iowa in the US, and Singapore.

The upgrade is set to immediately resolves issues such as slow network time, also developing instant resilience against power outages for the entire Stellar network.

As the team emphasized in their announcement another highlight of the latest upgrade lies in the fact that each node now holds a complete history of the XLM network, which allows anyone on the network to gain the access to archives, also enabling validators to follow up with the network after maintenance and new block creation.

By far, validators had to rely on gaining access to the network history archives through Stellar Development Foundation, adding that the three new full node archives set up by SatoshiPay are most certainly a strong move towards achieving full decentralization.

There is currently a total of 10 full node archives out of which three are offered by SatoshiPay, 2 by Lobstr, 2 by Coinqvest, and 3 more by Stellar Development Foundation.

Additionally, SatoshiPay provided what is said to be the fastest Horizon API server located on the Stellar Lumens network, allowing users to run the full history alongside running queries against the present ledger.

The announced API brings faster response time, running up to 12 times faster when compared to the existing nodes.     


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