Akash Network to Activate Mainnet 18 Upgrade on June 11th
Akash Network announced that the Mainnet 18 upgrade will activate on June 11 at approximately 14:00 UTC at block 27,230,465. According to the post, the upgrade introduces Oracle v2, Resource Reclamation under AEP-82, and a fix for Market Order Close events. Existing deployments will not be affected.
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.
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This upgrade enables:
→ Oracle v2, replacing block-height references with wall-clock timestamps for staleness detection, TWAP, and price queries.
→ Resource Reclamation (AEP-82),
