Monday, March 1, 2021

Stellar Core v13.0.0rc3 Now Available for Testing as XLM Mainnet Surpasses 1 Billion Operations

An update from the Stellar Development ecosystem says that the Stellar Core v13.0.0rc3 version is now available for testing. It’s also learned that XLM mainnet has Surpassed 1 billion operations, since its launch in 2015.

Stellar (XLM), the distributed ledger (DLT) project aims at developing a decentralized platform to connect banks, payment systems, and people, in order to make the movement of money secure, rapid, and cost-efficient.

About the Newly Released Stellar Core v.13.0.0rc3

According to the blog post shared by the cryptographic project, Stellar Core v.13.0.0rc3 is now live for testing. The new version comes with a lot of changes, such as the support for the highly-anticipated Protocol 13. The new version promises the implementation of some functional changes, which include CAP-0015, CAP-0018, CAP-0027, CAP-0028, and CAP-0030.

Moreover, the report also shared that in preparation for the vote to upgrade the network, which is estimated to hold in a little more than a month’s time, a new version that is capable of supporting protocol 13 implementation will be released by Horizon and every Stellar SDK.

New Milestone Attained Within Stellar Ecosystem

In other news, a milestone within the Stellar ecosystem has seemingly gone unnoticed as reported by OrbitLens, the Stellar (XLM) ledger insights, analytics, smart contracts, and protocols.

According to the report, Stellar mainnet has processed 1,015,345,121 operations since its launch in September 2015.

OrbitLens shared this, “This event has passed largely unnoticed, but I think we should really celebrate this. Stellar mainnet processed 𝟏 𝐛𝐢𝐥𝐥𝐢𝐨𝐧 operations (1,015,345,121 at the time of writing) since its launch in Sep 2015.”

Stellar Ecosystem Proposal

A new discussion was recently raised within the Stellar community. It’s about a new proposal, titled “Stellar Ecosystem Proposal: SEP-30 Recoversigner: multi-party key management of Stellar accounts”.

Importantly, this Sep is meant to enable users to regain access to their Stellar account after losing their private keys.

A part of the announcement reads thus:

“Using this protocol, the user or wallet will preregister the account and a phone number or email with two or more servers implementing the SEP, and it will add those servers as signers of the account. No individual server will have control of the account, but collectively, they can help the individual recover access to the account. It’s essentially a standard for a robust multi-signature implementation.”

Solomon Odunayo
Solomon has a growing passion for writing, this propelled him to keenly work on Eagles News Media for about two years before delving into the cryptocurrency and Blockchain industry he finds more interesting. He worked as a crypto Journalist and Editor at NewsLogical before joining Herald Sheets, owing to the priceless experience he has accumulated since he became a contributor in the crypto community.

Related Articles


Please enter your comment!
Please enter your name here

Latest Articles