The Web3 builder’s guide to Stellar
The post The Web3 builder’s guide to Stellar appeared on BitcoinEthereumNews.com.
Building in Web3 is a lot like waking up each day and readily suiting up to enter a battlefield. It’s difficult to fund ideas, speed and scalability remain issues on major blockchains, and available liquidity and user count are sparse on emerging chains. On Stellar, one of the premier blockchain networks with a newly launched smart contracts platform, builders will find these issues, and more, resolved. This guide dives into why Stellar is a viable home for all builders, uncovering how the chain addresses key pain points and highlighting current builders alongside a $100 million commitment to development. Let’s get started. Newly launched Soroban smart contracts platform catalyzes excellence The new Soroban SDK on Stellar paves the way for a truly unique and differentiated blockchain. Having concluded a two-year testing period in January 2024, the SDK is proven—ready for prime time. Read more: Stellar sparks smart contract upgrade — and it’s not an EVM Now, developers can seamlessly integrate with the Stellar network and its diverse use cases, gaining immediate access to a robust set of tools and resources. The platform provides a greenfield of opportunities, fostering innovation and addressing key pain points typically encountered in DeFi. Get connected to the real world With user and liquidity fragmentation a persistent problem across Web3, access to the real world is essential, as it provides the opportunity for builders to bring fresh liquidity into their project’s ecosystem. On other blockchains, many DeFi services are inaccessible to underbanked and unbanked populations due to a lack of on-ramp support and high transaction costs—issues that heighten the barrier between builders and user liquidity. On Stellar, a different reality is available. Source: Quantifying Cash To Crypto Access Worldwide Second only to Bitcoin, Stellar provides a world-class, proven network of over 80,000 USDC on-ramp locations; and, while…
Filed under: News - @ July 9, 2024 10:10 pm