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0.00314502 USD
% Change
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Volume
486K USD
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17.9B
149% from all time low
6509% to all time high
235% from all time low
1743% to all time high

Electroneum ETN: Hard Fork

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Event date: July 22, 2020 UTC

What is a hardfork?

The cryptocurrency mainnet operates according to certain rules. To improve network performance or correct errors, changes are periodically introduced into it. A hard fork represents changes that are not compatible with previous versions of software supporting the cryptocurrency network. In order to continue to mine the cryptocurrency, miners need to update the software.

In some cases, as a result of a hard fork, a completely new cryptocurrency may appear, as happened with Bitcoin Cash and EthereumPoW.

electroneum
@electroneum
Electroneum is set to launch its new fork on the 22nd July, which means block rewards will be reduced by 75% in a move to reduce the block reward token inflation from 4% to 1%. news.electroneum.com
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2 days
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Now (Added 3 years ago)
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