NEO: Mainnet Upgrade v.2.12.0

Name: Mainnet Upgrade v.2.12.0
Start: 2020-09-20T08:00:00Z
End: 2020-09-21T08:00:00Z

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Event date: September 20, 2020 8:00 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.

Neo Smart Economy
@neo_blockchain

The #Neo MainNet will be upgraded to the latest version of neo-cli v2.12.0 on 20th Sep. Major changes include: 👉Increased free sys_fee GAS threshold; 👉Adjusted MaxTransactionsPerBlock; 👉 Implemented bidding mode for all transactions. neo.org

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