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Stellar initiates security audits for imminent Soroban smart contracts platform

The Stellar Development Foundation is set to enhance its blockchain offerings with Soroban, a new smart contract platform, currently in testnet phase, emphasizing heightened security and seamless integration. The Stellar (XLM) blockchain, known for fast international transactions, is about to introduce something new. This is called Soroban, a platform for smart contracts that’s being tested right now. What makes Soroban special is its use of WebAssembly (WASM), which is designed to work well with regular websites and blockchain systems. Product update! Today, @CertoraInc & @StellarOrg have teamed up to boost @SorobanOfficial, the Stellar network's smart contract platform , with cutting-edge formal security verification. Why is this important? It fortifies the foundation of blockchain security , ensuring trust… — Stellar (@StellarOrg) October 11, 2023 Blockchains need to be very safe. Even a tiny mistake in the code can cause big problems. That’s why Stellar wants to ma