PI NETWORK
HOKANEWS.COM March 20, 2024
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Pi Network Joins Stellar and Soroban on Official Mainnet Launch: A New Era with No Limits for Smart Contracts - hokanews
hokanews.com - Pi Network has long been able to interact with the Horizon server on Stellar to obtain anchor transaction data information. However, yesterday Soroban officially launched its mainnet, bringing all freely built smart contracts on the network to help the finance industry become more open and transparent thanks to the absolute value of smart contracts (if/then). Pi Network will actively connect with the Trading Councils of the Anchors they choose and pull them into their own Blockchain, to further develop the Pi ecosystem.
This move marks a significant milestone in the history of blockchain technology. With Soroban's official mainnet launch, the Stellar network opens the door to unlimited smart contract implementations, providing immense potential for innovation in the finance industry and related sectors.
In-Depth Analysis of Stellar and Soroban's Mainnet Launch
Stellar, as one of the leading blockchain platforms, has long been known for its focus on fast and affordable cross-border financing. With the ability to connect banks, payments, and digital assets in a decentralized network, Stellar has become the top choice for many projects seeking to address the challenges in global financial infrastructure.
Soroban, with its mainnet launch, brings greater potential for blockchain ecosystem development. Smart contracts built on Soroban allow developers to execute business logic automatically, eliminating the need for intermediaries and enhancing business process efficiency. Thus, Soroban paves the way for the implementation of decentralized applications that can transform the way business is conducted