Horizen to Undergo Hard Fork on June 27th
Horizen has announced the availability of the EON 1.4 mainnet release tag for download. The EON 1.4 hard fork is scheduled on June 27th at epoch 1593 at 16:55 UTC. This is a compulsory update, and users are advised to update before the hard fork date.
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.
The EON 1.4 hardfork will happen on thursday, june 27th, at Epoch 1593 (16:55pm UTC), this is a mandatory update, please be sure to update before the hardfork date.
Learn more below:
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https://blog.horizen.io/eon-1-4-version-changes-and-update-instructions/