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Stellar Updates Guide for Bell Protocol Upgrade Ahead of November Votes

(4 hours ago) · 1 source · Summarized by CryptoBipto

Stellar has updated its guide for the Bell protocol upgrade, which is expected to go through a voting process in November. The upgrade, referred to as Protocol 30, outlines changes to the Stellar network that validators will vote on.

WHY IT MATTERS

When a blockchain network like Stellar wants to make changes to how it works, it typically needs agreement from the people who help run the network, called validators. Think of validators like board members who vote on major decisions for a company. Stellar has published an updated instruction manual — called an upgrade guide — so these validators know what changes are being proposed and how to prepare. The vote in November will determine whether the upgrade actually goes live. This process is an example of how decentralized networks govern themselves: no single person or company can push through changes without broader agreement from the community.

Stellar, the open-source blockchain network, has published an updated guide for its upcoming Bell upgrade, also known as Protocol 30. The guide is intended to help validators, node operators, and developers prepare for the changes that the upgrade would introduce to the network.

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SOURCES

  • newsbtc.com

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