Haven XHV: Upgrade to Monero v.0.16
Development work for v0.16 and the web Vault has been ongoing for several weeks, and we expect to launch a v0.16 testnet next week. Our goal is to conduct a hard fork in October (once testing is complete) to launch these upgrades live on Haven’s network.
The cryptocurrency mainnet operates according to certain rules. To improve network performance or correct errors, it is periodically made changes. A hard fork is changes that are not compatible with previous versions of programs that support the cryptocurrency network and in order to continue to mine cryptocurrency, miners need to update the software.
In some situations, as a result of a hard fork, a completely new cryptocurrency may appear, as happened with Bitcoin Cash.
5 hard forks
3 brand events