{"id":23522,"date":"2023-09-19T13:07:18","date_gmt":"2023-09-19T13:07:18","guid":{"rendered":"https:\/\/crowdfundjunction.com\/blog\/stellar-announces-testnet-for-protocol-20-network-upgrade\/"},"modified":"2023-09-19T13:07:18","modified_gmt":"2023-09-19T13:07:18","slug":"stellar-announces-testnet-for-protocol-20-network-upgrade","status":"publish","type":"post","link":"https:\/\/crowdfundjunction.com\/blog\/stellar-announces-testnet-for-protocol-20-network-upgrade\/","title":{"rendered":"Stellar announces testnet for Protocol 20 network upgrade"},"content":{"rendered":"<p><b>(Originally posted on : CoinJournal: Latest Bitcoin, Ethereum &amp; Crypto News )<\/b><br \/>\n<\/p>\n<div>\n<div class=\"post-article-image  -mt-24  mb-8  lg:-mt-32  rounded  overflow-hidden\">\n<picture><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/2023\/03\/1680028346702-40af9136-dafe-4eeb-923d-60623c33a554-smartcrop-750x375.webp\" type=\"image\/webp\" media=\"(min-width: 750px)\"\/><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/2023\/03\/1680028346702-40af9136-dafe-4eeb-923d-60623c33a554-smartcrop-363x181.webp\" type=\"image\/webp\"\/><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/2023\/03\/1680028346702-40af9136-dafe-4eeb-923d-60623c33a554-smartcrop-750x375.jpg\" type=\"image\/jpeg\" media=\"(min-width: 750px)\"\/><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/2023\/03\/1680028346702-40af9136-dafe-4eeb-923d-60623c33a554-smartcrop-363x181.jpg\" type=\"image\/jpeg\"\/>\n<\/picture>                    <\/div>\n<ul>\n<li dir=\"ltr\">Stellar (XLM) will activate the testnet for Protocol 20, its latest network upgrade, on September 20 at 15:00 UTC.<\/li>\n<li dir=\"ltr\">The upgrade will introduce the Soroban smart contracts on mainnet.<\/li>\n<li dir=\"ltr\">XLM price was largely muted around $0.11.<\/li>\n<\/ul>\n<p dir=\"ltr\"><a href=\"https:\/\/coinjournal.net\/stellar-lumens\/\">Stellar<\/a> is preparing for its biggest network upgrade \u2013 the upcoming Protocol 20 upgrade \u2013 which will introduce Soroban smart contracts to the mainnet. The upgrade will benefit developers and businesses building on Stellar, according to an announcement published on Monday.<\/p>\n<blockquote class=\"twitter-tweet\" data-width=\"500\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\">Prepare for <a href=\"https:\/\/twitter.com\/hashtag\/Stellar?src=hash&amp;ref_src=twsrc%5Etfw\">#Stellar<\/a>\u2019s Protocol 20 upgrade! It\u2019s the biggest one yet, introducing Soroban smart contracts. <\/p>\n<p>Things to know: <br \/>1. Testnet upgrade on Sep 20, 1500 UTC<br \/>2. Update Stellar-related software<br \/>3. Stay updated in the (<a href=\"https:\/\/twitter.com\/hashtag\/protocol?src=hash&amp;ref_src=twsrc%5Etfw\">#protocol<\/a>-20) discord channel<br \/>4. Go here for more info\u2026<\/p>\n<p>\u2014 Stellar (@StellarOrg) <a href=\"https:\/\/twitter.com\/StellarOrg\/status\/1703863138394001552?ref_src=twsrc%5Etfw\">September 18, 2023<\/a><\/p>\n<\/blockquote>\n<h2 dir=\"ltr\">Introducing Soroban smart contracts<\/h2>\n<p dir=\"ltr\">Soroban is a developer-friendly, Rust-based smart contracts platform <a href=\"https:\/\/soroban.stellar.org\/\" rel=\"noopener noreferrer\" target=\"_blank\">designed<\/a> to integrate with the Stellar blockchain.<\/p>\n<p dir=\"ltr\">\u201c<em>I<\/em><em>t\u2019s by far the biggest, most complex protocol upgrade to date, and so while the basic instructions to prepare are the same as ever \u2014 install up-to-date versions of any Stellar-related software you use! \u2014 the process will take a few extra steps and play out a bit slower than usual<\/em>,\u201d Justin Rice, VP of Ecosystem at the Stellar Development Foundation said in a <a href=\"https:\/\/stellar.org\/blog\/developers\/protocol-20-upgrade-guide\" rel=\"noopener noreferrer\" target=\"_blank\">blog post<\/a><\/p>\n<p dir=\"ltr\">Per the Stellar exec, the testnet will roll out on Wednesday, September 20 at 15:00 UTC. Testnet nodes will have to install the latest versions of the Stellar Core and Horizon.<\/p>\n<p dir=\"ltr\">Once the stable release is out, Stellar expects mainnet validators to schedule an upgrade vote determining the potential date for the public network upgrade. The vote date will be for six weeks after the stable releases.<\/p>\n<p dir=\"ltr\">\u201c<em>Because the Protocol 20 upgrade introduces new network settings that validators control, it is also likely that the initial upgrade vote will be followed by a series of additional votes to adjust those settings,<\/em>\u201d Rice added.<\/p>\n<h2 dir=\"ltr\">XLM price outlook<\/h2>\n<p dir=\"ltr\">The price of XLM, native Stellar token, was hovering at $0.11 \u2013 just in the green in the past 24 hours.<\/p>\n<p dir=\"ltr\">However, XLM\/USD was down 7.5% in the past week and was struggling for upside momentum following recent declines from highs of $0.13. \u00a0The upswing and subsequent losses followed Stellar\u2019s teasing of a major development that turned to be a \u201cbuy the rumour, sell the news,\u201d scenario.<\/p>\n<p dir=\"ltr\">This means XLM is poised near the key support level of $0.10, below which sellers could target $0.09 and then $0.07. On the upside, resistance is likely at year-to-date highs around $0.16.<\/p>\n<div class=\"post-meta\">\n<hr class=\"mb-6\"\/>\n<h6 class=\"text-3xl  mb-4  text-green-300\">Share this article<\/h6>\n<hr class=\"mb-6\"\/>\n<h6 class=\"text-3xl  mb-4  text-green-300\">Categories<\/h6>\n<hr class=\"mb-6\"\/>\n<h6 class=\"text-3xl  mb-4  text-green-300\">Tags<\/h6>\n<\/p><\/div>\n<\/p><\/div>\n<p><script async src=\"\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><br \/>\n<br \/><a href=\"https:\/\/coinjournal.net\/news\/stellar-announces-testnet-for-protocol-20-upgrade\/\">Source link <\/a><br \/>\n<br \/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>(Originally posted on : CoinJournal: Latest Bitcoin, Ethereum &amp; Crypto News ) Stellar (XLM) will activate the testnet for Protocol 20, its latest network upgrade, on September 20 at 15:00 UTC. The upgrade will introduce the Soroban smart contracts on mainnet. XLM price was largely muted around $0.11. Stellar is preparing for its biggest network [&hellip;]<\/p>\n","protected":false},"author":13,"featured_media":23523,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"om_disable_all_campaigns":false,"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0},"categories":[35],"tags":[],"_links":{"self":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts\/23522"}],"collection":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/users\/13"}],"replies":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/comments?post=23522"}],"version-history":[{"count":0,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts\/23522\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media\/23523"}],"wp:attachment":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media?parent=23522"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/categories?post=23522"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/tags?post=23522"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}