Neutron to Conduct Network Upgrade on April 10th
Neutron is set to undergo a network upgrade following the approval of Governance Proposal 35. The upgrade, known as Neutron v.3.02, is scheduled to take place at block height 9034900. The upgrade is expected to occur on April 10th at 3:30 pm 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.
@neutron_org
Following the approval of Governance Proposal 35, the Neutron v3.02 upgrade will take place tomorrow.
👉Block Height: 9034900
👉Approx. 3.30pm UTC, Wed 10th April 2024
See the live countdown here:
https://www.mintscan.io/neutron/block/9034900
👇