Oraichain Token to Upgrade Mainnet on March 6th
Oraichain Token is scheduled to update its mainnet to version 0.41.7. The update will take place at block 16077107 on March 6th, at 0:36 UTC. During this period, it is recommended that users refrain from initiating new transactions on Oraichain’s decentralized applications (DApps) to avoid any potential inconvenience.
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.
@oraichain
We'll be updating the Oraichain Mainnet to v0.41.7 at block 16077107 today, March 6th at 0:36 UTC.
To minimize any inconvenience, we strongly advise users to avoid initiating new transaction on Oraichain #DApps during this timeframe.
We will…