EOS EOS EOS
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Price
0.754369 USD
% Change
6.24%
Market Cap
866M USD
Volume
173M USD
Circulating Supply
1.14B
50% from all time low
2910% to all time high
320% from all time low
1926% to all time high

EOS to Undergo Hard Fork on July 31st

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EOS is set to undergo a significant update with the Leap 6 hardfork taking place on July 31st. This update will introduce the Savanna consensus algorithm, a new feature that is expected to enhance the functionality of the EOS blockchain.

Event date: July 31, 2024 UTC

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.

EOS Network Foundation
@
News is spreading fast about the upcoming Leap 6 Hardfork on #EOS which features the Savanna consensus algorithm 📣

Check out the coverage from CoinDesk below 📰👇

https://www.coindesk.com/tech/2024/02/17/protocol-latest-tech-news-crypto-blockchain/
EOS Price Changes After Event Publication
3.76%
1 day
4.43%
2 days
0.87%
Now (Added 2 months ago)
The event is about to begin
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