🔥 Stellar Protocol 23 has officially been rolled out, marking a historic milestone in the development of the Stellar blockchain. The biggest highlight of this upgrade is the integration of Soroban Smart Contracts – a smart contract platform expected to transform Stellar from a blockchain focused primarily on cross-border payments into a multi-functional ecosystem ready for DeFi, NFTs, Gaming, and global DApps. In this video, we will dive deep into the details: 🔹 What is Stellar and why is it successful? Stellar is widely recognized as a fast, low-cost blockchain with strong influence in the cross-border payment sector. With the ability to process thousands of transactions per second and a wide network of partners, Stellar has firmly established its position in digital finance. 🔹 The connection between Pi Network and Stellar Few people know that Pi Network is built on the Stellar Consensus Protocol (SCP) – a consensus mechanism that ensures scalability, security, and decentralization. This means that Stellar’s current achievements can serve as a foundation, and even as a blueprint, for the future development of Pi Network. 🔹 Key features of Protocol 23 • Soroban Smart Contracts: officially bringing smart contracts into Stellar’s mainnet, paving the way for decentralized applications. • Enhanced XDR: boosting scalability and better digital asset management. • RPC & Horizon upgrades: making it easier for developers to integrate and build apps. • New SDKs: providing powerful tools for global developers. This upgrade is not only a breakthrough for financial institutions but also a golden opportunity for blockchain developers to create practical applications and expand the ecosystem. 🔹 What if Pi Network adopts Protocol 23? Imagine Pi integrating Soroban and leveraging smart contract functionality: • DeFi on Pi: decentralized exchanges, lending, staking. • NFT Marketplace: platforms for trading digital and creative assets. • Gaming & Metaverse: Pi coin integrated into online games and virtual worlds. • Global e-commerce: Pi as an international payment method, competing directly with stablecoins and CBDCs. • Social DApps: decentralized social networks where users own their data and get rewarded in Pi. 🔹 Future scenarios for Pi Network Currently, Pi is still in the Enclosed Mainnet phase, focusing on app development and community building. However, following Stellar’s trajectory, Pi may soon move toward Open Mainnet, expanding across multiple industries. At that point, Pi would no longer just be the coin of a large community but could evolve into a global payment blockchain platform, standing alongside Stellar, Ripple, or even Ethereum in the DeFi space. 🚀 This is a critical moment: Stellar has already taken the lead with Protocol 23. The question is – can Pi Network be agile enough to catch up with this trend and seize the opportunity from this major shift? 📌 This video is part of the “Pi Network Panorama” series, delivering in-depth and logical analysis of the Pi Network project: from Mainnet progress, technology updates, strategic partnerships, all the way to Pi Coin price forecasts in the near future. 👉 Don’t forget to leave a comment: Do you think Pi Network will soon adopt smart contracts like Stellar? #StellarProtocol23 #PiNetwork #SorobanSmartContracts #Blockchain2025 #CryptoNews
The information provided is not trading advice. kdj.com does not assume any responsibility for any investments made based on the information provided in this article. Cryptocurrencies are highly volatile and it is highly recommended that you invest with caution after thorough research!
If you believe that the content used on this website infringes your copyright, please contact us immediately (info@kdj.com) and we will delete it promptly.