The Stellar Development Foundation is set to enhance its blockchain offerings with Soroban, a new smart contract platform, currently in testnet phase, emphasizing heightened security and seamless integration.
The Stellar (XLM) blockchain, known for fast international transactions, is about to introduce something new. This is called Soroban, a platform for smart contracts that’s being tested right now. What makes Soroban special is its use of WebAssembly (WASM), which is designed to work well with regular websites and blockchain systems.
Blockchains need to be very safe. Even a tiny mistake in the code can cause big problems. That’s why Stellar wants to make sure that its new system, Soroban, is as safe as possible. Smart contracts, which are agreements stored on the blockchain, have to be very secure because they are immutable so once they are made, they can’t be changed.
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Author: Bralon Hill