Conflux Token to Undergo Hard Fork Upgrade on September 11th
Conflux Token is set to undergo a hardfork upgrade to version 2.3.0 est. on September 11th. This upgrade will incorporate several Conflux Improvement Proposals (CIPs), specifically CIP-112, CIP-107, CIP-118, CIP-119, and CIP-113.
These CIPs are expected to bring significant enhancements to the protocol and its functionality. Key improvements include performance optimization, the introduction of new metrics, and Ethereum Virtual Machine (EVM) code refactoring.
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.
