EddieJayonCrypto

 22 Feb 24

tl;dr

Stellar's upgrade to "Protocol 20" and the introduction of the Soroban smart contract platform marks a significant departure for the network, as it ventures into the realm of smart contracts. Jed McCaleb, co-founder of Stellar, expressed fervent support for this move, highlighting its potential with...

Stellar's upgrade to "Protocol 20" and the introduction of the Soroban smart contract platform marks a significant departure for the network, as it ventures into the realm of smart contracts. Jed McCaleb, co-founder of Stellar, expressed fervent support for this move, highlighting its potential within the digital asset landscape. The strategic integration of smart contracts aims to bolster Stellar's capabilities in cross-border transactions and compliance, positioning it as a formidable contender in the blockchain sphere.
In a major moment for the Stellar (XLM) network, validators have greenlit the upgrade to "Protocol 20," heralding the introduction of the Soroban smart contract platform. This strategic move signifies a significant departure for Stellar, long lauded for its proficiency in facilitating seamless payments, as it ventures into the realm of smart contracts to rival established ecosystems.

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Disclaimer

The opinions expressed by the writers at Grow My Bag are their own and do not reflect the official stance of Grow My Bag. The content provided on our site is not intended as investment advice, and Grow My Bag is not an investment advisor. We do not endorse buying or selling any cryptocurrencies or digital assets mentioned in our articles. High-risk investments in Bitcoin, cryptocurrencies, and digital assets require thorough due diligence, and all transfers and trades made are at your own risk. Grow My Bag is not responsible for any potential losses and participates in affiliate marketing.
 20 Sep 24
 20 Sep 24
 20 Sep 24