Avalanche to Release Network Upgrade on March 6th
Avalanche is set to undergo a network upgrade, dubbed Durango, on March 6. This upgrade will result in the termination of staking functionality on the Avalanche wallet website. The staking transaction types currently used by the wallet will be deprecated.
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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Get details in the wallet phase-out guide and migrate to Core🦉🔺 | Avalanche (AVAX) Wallet & Portfolio Stake 👇https://www.avax.network/blog/avalanche-wallet-phase-out-guide