A Banach *-algebra is a set of things that you can add, subtract, multiply, and divide, kind of like a set of numbers. But instead of regular numbers, they can be things like functions or matrices. The important thing is that these things have a special property called a norm, which tells you how big they are.
Now, the special thing about a Banach *-algebra is that it also has something called an involution. This is just a fancy word for a rule that says if you take something in the algebra and you flip it upside down, it becomes a new thing in the algebra. So for example, if you have a function in the algebra, you can flip it upside down and get a new function that is still in the algebra.
But there's one more rule that makes a Banach *-algebra special. It says that if you multiply two things in the algebra and then flip the whole product upside down, it's the same as flipping each thing upside down and then multiplying them in the opposite order. This might sound confusing, so let's use an example.
Say you have two functions in the algebra, f(x) and g(x). You want to multiply them together, so you write f(x) times g(x) as fg(x). Then you flip the whole thing upside down and get (fg)(x)*. This is the same thing as flipping each function upside down and writing g(x)* times f(x)*, which is g(x)*f(x)*.
So that's what a Banach *-algebra is: a special set of things with a norm, an involution, and a rule about flipping multiplication. It might not seem like the most exciting thing, but it turns out to be really important in math and physics!