Firo to Undergo Hard Fork on on November 19
Firo has scheduled a hard fork for November 19, introducing several key upgrades. The update will enable Spark Name transfers, reduce GPU VRAM requirements (allowing 8GB GPUs to mine), and include various performance improvements.
Users of the Firo-QT reference wallet or those operating nodes/masternodes are required to update their software before the fork to ensure network compatibility.
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.
