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Stellar Activates Protocol 28 Upgrade Amid Record Network Throughput

(14 days ago) · 1 source · Summarized by CryptoBipto — how we make this

The Stellar network has activated its Protocol 28 upgrade, coinciding with record transaction throughput on the network. The value of real-world assets (RWAs) tokenized on Stellar has also reportedly increased.

WHY IT MATTERS

Think of a protocol upgrade like a software update on your phone — it can add new features and improve performance. Stellar is a blockchain designed mainly for sending payments and creating digital versions of real-world financial assets like dollars or government bonds (called "tokenized real-world assets" or RWAs). Record throughput means the network is handling more transactions at once than ever before, similar to a highway expanding its lanes to accommodate more traffic. For someone new to crypto, this illustrates how blockchain networks continuously evolve through upgrades, and how some blockchains are being used not just for cryptocurrency but also to represent traditional financial assets in digital form.

Stellar, a blockchain network focused on payments and asset tokenization, has completed its Protocol 28 upgrade. Protocol upgrades on Stellar are coordinated through validator voting and typically introduce new features or performance improvements to the network's consensus layer.

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