Abelian to Undergo Hard Fork
Abelian has announced a suspension of withdrawals and deposits on all exchanges due to a hard fork upgrade. The suspension period begins on August 2nd at 15:00 UTC, with the block height 300 000 expected around 19:00 UTC on the same day. The reopening time for withdrawals and deposits will be communicated at a later date.
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.
@pqabelian
🗓Suspension Period: 15:00 UTC | August 2 — Until Notice
📅 Block Height 300K: Around 19:00 UTC | August 2
The reopening time for withdrawals and deposits will be announced once