Stellar’s Bell Protocol 30 upgrade targets business use of smart accounts; according to Stellar’s X post, work begins on quantum-safe signatures and faster ledgers, while the primary source says it aims to incorporate them and improve ledger speed. The rollout is scheduled to begin on the testnet on November 3, followed by a mainnet launch on November 23.
Key takeaways
- Bell Protocol 30 focuses on business-ready smart accounts.
- The upgrade targets both network security and ledger speed.
- The Stellar Development Foundation oversees protocol governance and development.
Stellar’s Bell Protocol upgrade focuses on smart accounts
Smart account functionality is the central focus of Bell Protocol 30. Stellar describes the enhancements as a way to make those accounts better suited to business use, placing business requirements at the center of the protocol changes.
The security component involves quantum-safe signatures: according to Stellar’s X post, work begins on them, while the primary source says they are to be incorporated. Alongside the account changes, this forms part of Stellar’s stated work to improve security and scalability.
Ledger improvements and a two-stage rollout
According to Stellar’s X post, Bell Protocol 30 begins work on faster ledgers, while the primary source says it aims to improve ledger speed.
The Stellar Bell Protocol upgrade has two scheduled deployment dates: November 3 for the testnet and November 23 for the mainnet. The announced schedule places the testnet upgrade before the mainnet release.
Governance and cross-border transactions
The Stellar Development Foundation governs the network and oversees its technological development, including protocol advancements. Bell Protocol 30’s account and security enhancements sit within that broader development effort.
Stellar’s underlying purpose remains facilitating cross-border transactions and improving financial access globally.
Article produced with the assistance of artificial intelligence and reviewed by the editorial team.