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GemLink to Undergo Hard Fork on March 29th
GemLink is implementing a mandatory update to its network on March 29th. This update is designed to optimize the process of mining gemlinks. The changes will take effect from block 3270500.
Event date: March 29, 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.
Official_Gemlink_Team
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Twitter Announcement: Gemlink Network Update
🚨 Attention Gemlink Community 🚨
We're excited to announce a mandatory Gemlink Update Fork to optimize gemlinks mining process. 🛠️
📅 Date: March 29, 2024 🔗 Block: 3270500
Changes:
⏱️ Minimum block time reduced to 8 seconds for faster transactions.
⚙️ Reverting to LWMA3 difficulty algorithm for enhanced computational performance, ensuring stability and minimizing manipulation risk.
Stay tuned for further updates and prepare for smoother mining experience! 💎✨
#Gemlink #Blockchain #Update #Mining #Crypto
[Link to new Gemlink node: https://github.com/gemlink/gemlink/releases/tag/v4.2.2]
🚨 Attention Gemlink Community 🚨
We're excited to announce a mandatory Gemlink Update Fork to optimize gemlinks mining process. 🛠️
📅 Date: March 29, 2024 🔗 Block: 3270500
Changes:
⏱️ Minimum block time reduced to 8 seconds for faster transactions.
⚙️ Reverting to LWMA3 difficulty algorithm for enhanced computational performance, ensuring stability and minimizing manipulation risk.
Stay tuned for further updates and prepare for smoother mining experience! 💎✨
#Gemlink #Blockchain #Update #Mining #Crypto
[Link to new Gemlink node: https://github.com/gemlink/gemlink/releases/tag/v4.2.2]
The event is about to begin
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