Updates to Stellar Protocol (CAPs) and Ecosystem (SEPs)

Core Advancement Proposals (CAP) and Stellar Ecosystem Proposals (SEP) are a formal way of documenting proposed standards to improve various aspects of the Stellar Network. These function similar to EIPs and BIPs from the Ethereum and Bitcoin communities respectively. CAPs and SEPs represent the culmination of many discussions that often take place on the Stellar Developer Google Group.

As a follow up from last week, the PR’s for both CAP-0024 and CAP-0025 were merged this week. This marks the transition of these CAPs from Implementation Review →Implemented. If you are unfamiliar with the CAP process, please checkout last week’s digest. These caps are rapidly approaching the final stage. How exciting!

The core team waving these CAPs across the finish line.

The majority of the rest of this week’s protocol news is around SEP-0006. This SEP is focused on standardizing the deposit/withdrawal flow for anchors, or asset issuers on the network. Most of the changes, detailed below, are around further solidifying and tightening up the language and specifications for the process. Since this SEP is still not widely implemented, many of the small details are still subject to change as implementation complexities and edge cases arise.

All-in-all, seven pull requests were merged in the last week: