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Stellar successfully rolled out its long-awaited Protocol 15 at 14:00 UTC. 23 blog post by Justin Rice, head of ecosystem at the Stellar Development Foundation.
The major upgrade includes two notable improvements (sponsored reserves and claimed credits) that make building apps on the blockchain easier.
« We’ve seen both deployed on the testnet to great effect, and we’re excited to see what you can do with them in a production environment. ”
Validor node operators must vote on the existence of new protocol upgrades. Back in June they voted for the green light for Protocol 13, which brought some notable improvements, such as improved control over asset authorization and fee increase transactions. In September, Rice announced that the public upgrade of Stellar Network Protocol 14 would be skipped due to a critical bug discovered during the testing phase. The development team decided to post the fix in Protocol 15, which was announced release in October. 20th.
Stellar (XLM) has seen a 40 percent increase over the past week.
Stellar made a lot of headlines last month after the Center Consortium announced it would be added to the blockchain in the first quarter of 2021. In collaboration with the Settle Network in Latin America, Stellar recently launched stablecoins for Argentina and Brazil.
Alex Dovbnya (aka AlexMorris) is a cryptocurrency expert, trader, and journalist with extensive experience reporting on everything to do with the burgeoning industry – from price analysis to blockchain disruption. Alex has more than 1. 000 stories written for U. Today CryptoComes and other fintech media. He is particularly interested in regulatory trends around the world that will shape the future of digital assets. He can be contacted at alex. dovbnya @ u. today.
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Stellar, Ripple
World News – USA – Stellar introduces major upgrade with two exciting features
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