Firo to Launch Lelantus Spark on January 18th
Firo will release an update to the Lelantus Spark network. Lelantus Spark will be activated on January 18, 2024, at block height 819300. Lelantus Spark is an enhanced version of the Firo privacy protocol, providing enhanced privacy features while maintaining transparency and auditability.
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.