Hedera to Conduct Mainnet Ugrade on October 24th

Name: Mainnet v.0.42 Upgrade
Start: 2023-10-24T17:00:00Z
End: 2023-10-25T17:00:00Z

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Hedera has announced that it will be upgrading its mainnet to version 0.42 on October 24th at 17:00 UTC.

Event date: October 24, 2023 17:00 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.

Hedera Status
@hashgraph

Scheduled (oct 24, 2023, 17:00 UTC): Hedera will be upgrading Hedera mainnet to v0.42 on Tuesday, October 24th 2023 at 17:00 UTC. The upgrade will take approximately 60 minutes to complete, users should expect some disruption to netwo… https://status.hedera.com/incidents/4ttxq57qtcrv?u=1f9knjf7yxys

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