• Soroban is a smart contract platform for the Stellar network built last year for developers.
• It has an interesting feature of flexibility and scalability that makes it easier for secured decentralized applications to be built and deployed.
• The team is actively working to prepare it for the mainnet launch and also provide funding opportunities for developers while bootstrapping in the ecosystem.

Soroban: A High-Performance Smart Contract Platform

Soroban is a smart contract platform designed specifically for the Stellar network that was built last year with developers in mind. It enables the building of secured decentralized applications with its features of flexibility, scalability, security, and performance powered by WebAssembly (WASM) and written in Rust. In addition, its tunable gas model ensures that compute resources are strongly correlated with fees while providing users with an easy setup through a local sandbox environment. Finally, it allows access to financial rails through existing Stellar tech stack and ecosystem.

Preparations Before Mainnet Launch

The team behind Soroban is actively working on preparations before launching on the mainnet. This includes equipping testnets with tools to simplify building and testing contracts as well as prototypes of financial applications or non-financial ones. With this initiative, more people have become interested in exploring different use cases of Soroban which has led to increased engagement from the community members.

Advantages Over Other Smart Contracts

Compared to other smart contracts out there, Soroban stands out due to its focus on speed, security, user-friendliness without compromising any of these features including avoiding ledger bloat through state archiving mechanism. As such, many believe that this could be a model for future decentralized applications across crypto space.

Instruction For Those Seeking To Learn About Soroban

For those wanting to learn about Soroban first hand, instructions were released by the Stellar team detailing interactive ways one can do so easily and quickly get comfortable using it before deploying it on mainnet once it’s ready.

Conclusion

In conclusion, Soroban provides an opportunity for developers to explore different use cases within crypto space without sacrificing security or user experience while allowing access to financial rails with ease when deployed on mainnet once ready soon according to reports from the team behind it..