2024-01-29
The Stellar Development Foundation
plans to launch Protocol 20 upgrade that introduces the Soroban smart contract by the end of this month. The upgrade will start on Jan 30, 2024.
Stellar already started the Protocol 20
upgrade but found a bug on Jan 25. Therefore, it postponed to Jan 30 after the
bug is fixed.
Soroban is version 20 of the Stellar
protocol. It is a smart contract platform with built-to-scale functionality and
developer-friendly. Soroban aims to created uncomplicated developer experience.
Developers can get applications built and running easier.
Stellar is a hard fork of XRP. It is a
blockchain for payments and tokenization. It was founded by Jed McCaleb.
Stellar blockchain can process 4,000
transactions per second and it supports smart contracts. Stellar’s time to
finality is 5.8 seconds.
XLM currently ranks 26th
largest crypto by market cap.
