Stellar (XLM) Readies for Its Biggest Protocol Upgrade: Details


19 Sep 2023 12:15 PM

Stellar to receive its biggest and most complex protocol upgrade to date, introducing smart contract support...

  • Stellar is preparing for its biggest and most complex protocol upgrade to date, called "Protocol 20 Upgrade."
  • The upgrade will introduce support for Soroban smart contracts.
  • Soroban's smart contract support will be added to Stellar's testnet on September 20 at 3:00 p.m. UTC.
  • The Stellar testnet will also upgrade to release candidate versions of Stellar Core and Horizon.
  • The initial upgrade vote may be followed by additional votes to adjust network settings controlled by validators.
  • The date for the public network upgrade vote is yet to be determined.
  • Stellar promises to provide updates on the upgrade and supply timelines for the votes.

The article provides positive news about Stellar's upcoming protocol upgrade and the introduction of smart contract support. It also mentions the positive response to Stellar's recent teaser and website rebrand. However, the sentiment towards the price movement of Stellar (XLM) is not mentioned.

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You May Ask

What is the purpose of Stellar's Protocol 20 Upgrade?When will Soroban's smart contract support be added to Stellar's testnet?What other upgrades will the Stellar testnet undergo?How will the network settings be adjusted after the initial upgrade vote?When will the public network upgrade vote take place?

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