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Stellar (XLM) Testnet Upgraded To Protocol 21, Will It Impact Price? The Stellar Testnet protocol just got upgraded to Protocol 21 as one of the most important steps in the blockchain's smart contract evolution. According to the update it shared on its official X account, with this testnet upgrade, Stellar is now well-positioned to actualize the rest of the milestones in its roadmap. Stellar Protocol 21 Upgrade: Next Steps To Watch. Stellar was developed as a predominantly payment engine and after garnering a significant market share, it is choosing to pivot. The most renowned layer-1 blockchain protocols have full smart contract functionality and Stellar hopes to join the train through Protocol 21. The grand proposal to adopt the smart contract capability gained approved by the network's validators in February. This backing was vital as part of the roadmap to ushering in Protocol 21 update will involve the entire community. Following this Testnet update, Stellar has unveiled the next major timeline to watch its its updated roadmap. These dates include May 30, June 11 and June 18 respectively. On May 30, the blockchain said it will implement the Stable releases of Stellar Core, Horizon and RPC. The Stellar Core slated for May 30 remain the second candidate developed to support Protocol 21. On June 11, the protocol will implement a Testnet reset to guarantee all the changes and additions works optimally. Should the plans work out, the blockchain will make the grand transition with intense upsides for XLM. As the native asset of the Stellar network, XLM will play a central role in the Decentralized Finance (DeFi) set to emerge. Potentially, the price impact might turn out to be resounding in the long term. While this is a major boost, at the time of writing, XLM is changing hands for $0.103, down by 1.33% in 24 hours.

Stellar (XLM) Testnet Upgraded To Protocol 21, Will It Impact Price?

The Stellar Testnet protocol just got

upgraded to Protocol 21 as one of

the most important steps in the

blockchain's smart contract evolution.

According to the update it shared on its

official X account, with this testnet upgrade, Stellar is now well-positioned to actualize the rest of the milestones in its roadmap.

Stellar Protocol 21 Upgrade: Next Steps To Watch.

Stellar was developed as a predominantly payment engine and after garnering a significant market share, it is choosing to pivot. The most renowned layer-1 blockchain protocols have full smart contract functionality and Stellar hopes to join the train through Protocol 21.

The grand proposal to adopt the smart contract capability gained approved by the network's validators in February. This backing was vital as part of the roadmap to ushering in Protocol 21 update will involve the entire community. Following this Testnet update, Stellar has unveiled the next major timeline to watch its its updated roadmap. These dates include May 30, June 11 and June 18 respectively.

On May 30, the blockchain said it will implement the Stable releases of Stellar Core, Horizon and RPC. The Stellar Core slated for May 30 remain the second candidate developed to support Protocol 21. On June 11, the protocol will implement a Testnet reset to guarantee all the changes and additions works optimally.

Should the plans work out, the blockchain will make the grand transition with intense upsides for XLM. As the native asset of the Stellar network, XLM will play a central role in the Decentralized Finance (DeFi) set to emerge. Potentially, the price impact might turn out to be resounding in the long term.

While this is a major boost, at the time of writing, XLM is changing hands for $0.103, down by 1.33% in 24 hours.

Disclaimer: Includes thrid-party opinions. No financial advice. May include sponsored content. See T&Cs.
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Dogecoin Founder Issues Important Malware Warning to Advertisers. Dogecoin Founder Billy Markus has shared an important message to advertisers on social media platforms like X. Known as a vocal activist on X, the Dogecoin founder uncovered key reasons why users block ads that pop up on their timelines. Malware challenge. According to the Dogecoin founder, users are less likely to block ads if advertisers on websites stop making a habit of creating pops up with malware and other nonsense. His comments come amid growing concerns regarding scams on social media platforms like X. Especially in the Web3 world, many people use social media as a major channel to connect with users, and scammers generally take advantage of this. On different occasions, crypto projects like Shiba Inu (SHIB) and Ripple have issued warnings to their communities to beware of bogus claims on X. As Billy Markus noted, advertisers are to blame for users blocking their ads. Reacting to the post by the Dogecoin founder, users noted that it remains more helpful if projects, websites or advertisers just stick to telling the truth about their offerings. Users will always need to protect themselves, especially in the crypto ecosystem, where one click on social media can lead to account draining. Solving scams in crypto. As the digital currency ecosystem evolves, so too does the criminal activity grow more sophisticated. Just last week, U.Today reported that a Bitcoin whale lost a total of 1,155 BTC, marking one of the biggest heists of 2024. While many such related scams have been recorded over the past few years, there has always been one strategy to combat this unending fraud. This hinges on raising community awareness. Besides the regular sensitization from Shiba Inu and Ripple executives, Cardano Founder Charles Hoskinson also recently joined the trend, shining the spotlight on the role of Al Deepfakes overall. The bottom line is, too-good-to-be true offers in advertisements are a potential fund drainer to beware of. #MemeWatch2024
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