Stellar launches Soroban smart contracts platform
The Stellar Development Foundation recently announced the launch of Soroban, a smart contracts platform, honoring an upgrade in the Stellar network's history.
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The Stellar Development Foundation recently announced the launch of Soroban, a smart contracts platform, honoring an upgrade in the Stellar network's history.
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Soroban introduces a new way for developers to deploy smart contracts on Stellar, using WebAssembly (WASM).
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Stellar lumen price is attempting a fresh increase from the $0.1240 zone against the US Dollar. XLM price is now trading below $0.140 and the 55 simple moving average (4 hours).
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Stellar lumen price is attempting a fresh increase from the $0.1165 zone against the US Dollar. XLM price is now trading near $0.140 and the 55 simple moving average (4 hours).
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Stellar lumen price is attempting a fresh increase from the $0.1280 zone against the US Dollar. XLM price is now trading above $0.1320 and the 55 simple moving average (4 hours).
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Stellar lumen price is attempting a fresh increase from the $0.1120 zone against the US Dollar. XLM price is now trading near $0.1150 and the 55 simple moving average (4 hours).
Stellar has announced the introduction of smart contracts as part of its Protocol 20 update, passed by a validator vote on Feb. 20. The upgrade introduces Soroban, the new smart contracts system, to mainnet, and initiates a phased rollout for validators to monitor the performance of these transactions before scaling them at a subsequent phase.
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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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Validators of the Stellar network voted Tuesday to upgrade the Stellar mainnet to “Protocol 20,” which introduces the Soroban smart contract platform.
TL;DR Stellar has successfully completed Protocol 20, enabling the integration of smart contracts into its network. The Soroban platform facilitates the implementation of smart contracts, which is expected to not only enhance developers' experience but also attract new participants to the ecosystem.