Beldex to Host Obscura Hard Fork on December 7th
Beldex is preparing to upgrade the network to the Obscura hardfork at block height 4,939,540, expected on December 7th at 05:30 UTC. The update introduces Bulletproof++ for smaller proofs, enhances network scalability, and improves the speed of private transactions.
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.
