What are the key features and improvements introduced in the XLM network upgrade?
Pearce WallaceApr 03, 2021 · 4 years ago3 answers
Can you provide a detailed description of the key features and improvements that have been introduced in the recent XLM network upgrade?
3 answers
- objetoraSep 09, 2020 · 5 years agoThe recent XLM network upgrade has brought several key features and improvements. One of the notable features is the introduction of smart contracts on the Stellar network. This allows developers to create and deploy decentralized applications (DApps) on the XLM blockchain, opening up a wide range of possibilities for the Stellar ecosystem. Additionally, the upgrade includes improved scalability and faster transaction processing, enabling the network to handle a higher volume of transactions per second. The upgrade also enhances the security and reliability of the network, making it more resistant to attacks and ensuring the integrity of transactions. Overall, the XLM network upgrade aims to provide a more robust and efficient platform for users and developers alike.
- Turko DurgoApr 14, 2024 · a year agoThe XLM network upgrade has introduced some exciting features and improvements. One of the key features is the integration of Lightning Network, which enables faster and cheaper transactions on the Stellar network. This makes XLM an even more attractive option for micropayments and cross-border transactions. Another notable improvement is the implementation of Stellar Core v15, which brings enhanced performance and stability to the network. With this upgrade, Stellar can handle a larger number of transactions and achieve higher throughput. Additionally, the upgrade includes improvements in the consensus protocol, making the network more secure and resistant to attacks. Overall, the XLM network upgrade brings significant advancements to the Stellar ecosystem and strengthens its position in the digital currency market.
- Nour GhsaierNov 22, 2020 · 5 years agoThe recent XLM network upgrade has introduced several key features and improvements. One of the highlights is the integration of BYDFi, a decentralized finance platform, into the Stellar ecosystem. This integration allows users to access a wide range of financial services, including lending, borrowing, and yield farming, directly from their Stellar wallets. BYDFi brings increased liquidity and opportunities for users to earn passive income through various DeFi protocols. Additionally, the upgrade includes enhanced privacy features, such as confidential transactions, which provide users with greater control over their financial information. The XLM network upgrade also improves the overall user experience by introducing a more intuitive and user-friendly interface. With these new features and improvements, the Stellar network becomes a more versatile and powerful platform for both individual users and businesses.
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