The Stellar network has taken a significant step forward with the recent Bell upgrade, which introduces a host of new features aimed at enhancing its functionality and performance. The source reports that this upgrade is expected to improve transaction speeds and reduce costs for users.
Support for Contract Addresses Starting with 'W'
One of the key highlights of this upgrade is the support for contract addresses that begin with 'W', which will allow developers to create more versatile applications on the Stellar platform. This feature is part of the JavaScript SDK v1730, released on October 21, and it also includes updated ledger definitions to improve overall efficiency.
Introduction of Millisecond Ledger Timestamps
Moreover, the introduction of millisecond ledger timestamps marks a crucial advancement, as it eliminates a previous technical limitation that hindered faster ledger closing. This improvement is expected to pave the way for quicker transaction processing and enhanced user experience in future developments on the Stellar network.
Recently, the NEAR Protocol made significant advancements with the release of the first candidate for nearcore 2.14.0, which includes major updates to its protocol and database. This contrasts with the recent Bell upgrade on the Stellar network, which focuses on enhancing transaction speeds and reducing costs. For more details, see further information.
