Stellar Development Foundation launches $100M fund to support native smart contract adoption By Cointelegraph
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Stellar Development Foundation launches $100M fund to support native smart contract adoptionStellar Development Foundation (SDF), the nonprofit organization supporting the development of the Stellar network, has launched a new funding initiative to encourage developers to build on the Soroban smart contract platform, which officially went live on Futurenet on Oct. 11.
Soroban brings Turing-complete smart contracts to the Stellar blockchain, enabling developers to build new financial services rails on the network, SDF said. Tomer Weller, SDF’s vice president of technology strategy, said Soroban was developed to overcome the “friction” of other blockchain networks. In an emailed response to Cointelegraph, Weller further explained:
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Stellar Development Foundation launches $100M fund to support native smart contract adoptionStellar Development Foundation (SDF), the nonprofit organization supporting the development of the Stellar network, has launched a new funding initiative to encourage developers to build on the Soroban smart contract platform, which officially went live on Futurenet on Oct. 11.
Soroban brings Turing-complete smart contracts to the Stellar blockchain, enabling developers to build new financial services rails on the network, SDF said. Tomer Weller, SDF’s vice president of technology strategy, said Soroban was developed to overcome the “friction” of other blockchain networks. In an emailed response to Cointelegraph, Weller further explained:
Continue Reading on Coin Telegraph
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