AIOZ Network to Undergo Hard Fork
AIOZ Network has announced an upcoming network upgrade and hard fork to version 1.7.0, scheduled to activate at block 17,828,400 on April 28th at 08:00 UTC.
The upgrade includes an update to Cosmos SDK version 0.50 (Eden), an upgrade to IBC-go version 8.0, and improvements to system stability and security.
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.
@aioznetwork
Key Updates:
→ Upgrade to Cosmos SDK v0.50 (Eden)
→ Upgrade to IBC-go v8
→ Improved system stability and security
→