eCash to Upgrade Network on May 15
eCash announced that its next network upgrade is scheduled for May 15. According to the post, all node operators must update to version 0.33.0 or later to remain in sync with the network. The team also noted that no action is required from XEC holders.
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.
