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May 6 8 tweets 2 min read
1/8 On June 8, 2022, Stellar public network validators will vote on whether to upgrade the network to Protocol 19.

Follow along for more info⬇️
2/8 If accepted, Protocol 19 will activate technical changes that make it easier to build payment channels, bridges to other blockchains, and key recovery solutions on Stellar.
3/8 What's new in Protocol 19? Protocol 19 implements two Core Advancement Proposals: CAP-21 and CAP-40. Further details in our blog ⬇️
stellar.org/blog/announcin…
4/8 What is Protocol 19 designed to do? The Protocol 19 changes are designed to facilitate the creation of payment channels, which are Layer 2 protocols, supporting high-throughput use cases.

Check out this example ⬇️
5/8 SDF engineers used a sandbox devnet to build a working payment channel prototype called Starlight to test out all the Protocol 19 changes. The results were pretty amazing…
6/8 In tests using consumer hardware and residential internet connections, Starlight was able to handle 1.19 million payments per second between two users.‍ THAT’S HUGE!

More details here ⬇️ stellar.org/blog/starlight…
7/8 June 8 is around the corner. To prep, @jricetweets put together a Protocol 19 upgrade guide ⬇️
stellar.org/developers-blo…
8/8 We know that was a lot of information. If you're interested in finding out more, check out the #protocol-19 channel on the Stellar Dev Discord: discord.gg/nHPP4CpvBw

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More from @StellarOrg

Jan 25
1/4 SDF's last quarterly call of 2021 is in the books! Catch up on the highlights or read through our report on the blog. stellar.org/blog/stellar-d…
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3/4 @DenelleDixon rounded out the call with an overview of the 2022 Roadmap, outlining the vision for the year ahead. Check it out in full here: stellar.org/roadmap
Read 4 tweets
Dec 23, 2021
1/ SDF CEO and Executive Director @DenelleDixon wraps up 2021 with a recap of end-of-year metrics, milestone achievements, and more!📏
2/ In 2021, total accounts grew to over 6m (32%⬆️from 2020), and the network processed +1.8 BILLION total operations (127%⬆️ from 2020). More people are recognizing the power of Stellar and leveraging the network 3/ In 2021, total accounts ...
3/ It’s not just about raw network growth. We track growth in relevant assets – assets tethered to real financial instruments – and relevant asset txns. Since the start of 2021, we’ve seen 11%⬆️in the # of relevant assets, and a 2.3x increase in daily txn volume of these assets We track growth in relevant...
Read 11 tweets

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