Injective Protocol to Upgrade Altaris Mainnet in August
Injective Protocol is set to undergo the Altaris mainnet upgrade in August. The upgrade aims to transform the Injective ecosystem by improving its scalability, introducing advanced smart contract offerings, and providing robust capabilities for launching Real World Assets (RWAs).
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.