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!
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
• • •
Missing some Tweet in this thread? You can try to
force a refresh
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…
2/4 On the call we announced the re-launch of the Marketing Grants program to support the growth and user acquisition of projects built on Stellar. Applications are open and we encourage eligible projects to apply➡️stellar.org/foundation/mar…
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
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/ 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