Category: Upgrade

The Latest Zcash Software Release Supports the Network’s ‘Largest Upgrade in History’

The Latest Zcash Software Release Supports the Network’s ‘Largest Upgrade in History’

According to the Electric Coin Company, the team behind the cryptocurrency network Zcash, the protocol is soon to implement the largest upgrade in history. The Zcash development team has released the 5.0.0 codebase which supports the NU5 upgrade that will occur on or around May 31, at block height 1,687,104. Electric Coin Company and Zcash […]

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Delaying the Ice Age — Ethereum Network Participants Prep for Upcoming Arrow Glacier Upgrade

Delaying the Ice Age — Ethereum Network Participants Prep for Upcoming Arrow Glacier Upgrade

The Ethereum network will be undergoing a scheduled upgrade soon called “Arrow Glacier,” a change that aims to mimic the “Muir Glacier” upgrade. Essentially, Ethereum’s Arrow Glacier changes the parameters of the network’s Difficulty Bomb delay to June 2022. This will give the Ethereum network another six months until it leads to the “Ice Age” […]

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Highly Anticipated Bitcoin Upgrade Taproot Activates — Taproot Script-Spends Seen in the Wild

Highly Anticipated Bitcoin Upgrade Taproot Activates — Taproot Script-Spends Seen in the Wild

Bitcoin advocates are celebrating the successful implementation of the Taproot upgrade after block height 709,632. The upgrade was highly anticipated as it was one of the biggest changes since the introduction of Segregated Witness (Segwit) in 2017. After the upgrade was completed, the Bitcoin community discussed the slew of benefits Taproot and Schnorr signatures have […]

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Moonshot to $90K — After Bitcoin Upgrade Taproot Activates, Crypto Advocates Expect the Price to Rally

Moonshot to $90K — After Bitcoin Upgrade Taproot Activates, Crypto Advocates Expect the Price to Rally

In mid-June, the ‘Speedy Trial’ lock-in period for the Bitcoin network upgrade Taproot locked in at block height 687,285 and was mined by the bitcoin mining pool Slushpool. Taproot is expected to activate on the network on Saturday, November 13, 2021, and the upgrade is considered one of the largest changes the protocol has seen […]

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Terra to Apply Columbus 5 Mainnet Migration

Terra to Apply Columbus 5 Mainnet Migration

Terra, a top 15-ranked cryptocurrency by market capitalization, is planning to apply the Columbus 5 upgrade to its mainnet today. If everything goes according to plan, this new update will bring improvements to allow the Terra network to keep expanding. Columbus 5 will change how the network mints UST (terrausd), the main stablecoin of the […]

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Ethereum network burns $12 million in ETH in first 24 hours since EIP-1559

Ethereum network burns $12 million in ETH in first 24 hours since EIP-1559

Since the Ethereum network’s latest upgrade, dubbed London — which introduced a transaction fee burning mechanism — the network has burned 4,600 ETH in the first 24 hours, worth around $12 million. The upgrade happened yesterday at 12: 33 UTC, at block height 12,965,000, and went successfully. Within a few hours, a few hundred ETH […]

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Ethereum’s ‘London’ hard fork: What it is and why it matters

Ethereum’s ‘London’ hard fork: What it is and why it matters

A quintet of upgrade packages are set to go live on the Ethereum blockchain network Thursday as part of the London hard fork. “Hard fork” is software parlance for a backward-incompatible upgrade, meaning that post-London activation, if you want to stay connected to the Ethereum network, you’ll need to download London. Thursday’s activation is the […]

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Ethereum Community Gears up for the Long-Awaited London Fork Set to Go Live on August 5

Ethereum Community Gears up for the Long-Awaited London Fork Set to Go Live on August 5

The Ethereum community has been gearing up for the highly anticipated London Network Upgrade which should take place on August 5 around 2: 00 p.m. (EDT). Node operators have been asked to upgrade their nodes as soon as possible, as the upgrade is scheduled to take place at block height 12,965,000. Ethereum Set to Fork […]

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Ethereum’s London Hard Fork Scheduled to Commence on August 4

Ethereum’s London Hard Fork Scheduled to Commence on August 4

The highly anticipated Ethereum hard fork is expected to launch on August 4 at block height 12,965,000 according to Ethereum core developers. The London hard fork will add five Ethereum Improvement Proposals (EIPs) that aim to enhance the blockchain. However, the Berlin hard fork was postponed after a vulnerability was identified by the audit company […]

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Bitcoin Taproot Support Lags at 27% — Even Though Soft Fork Is Opt-in Supporters Beg Nodes to Update

Bitcoin Taproot Support Lags at 27% — Even Though Soft Fork Is Opt-in Supporters Beg Nodes to Update

On June 12, the crypto community celebrated the fact that the Bitcoin network locked in Taproot support in order to activate the largest upgrade the protocol has seen in four years. 24 days later, Taproot support via Bitcoin nodes has only reached 27.55% and upgrade supporters are pleading with the community to update their nodes. […]

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