REI Network: Hard Fork

Name: Hard Fork
Start: 2022-11-30T13:00:00Z
End: 2022-12-01T13:00:00Z

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REI Network will usher in another major upgrade

Event date: November 30, 2022 13:00 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.

REI Network｜From #GXChain!
@GXChainGlobal

This upgrade will also lower the Network Protection Mode Threshold from 10%(100M) to 7%(70M) to further raise the rewards for super nodes and stakers while balancing the security and stability of the chain. (5/6)

REI Network｜From #GXChain!
@GXChainGlobal

Part of the votes from the foundation will be gradually and orderly withdrawn from the validators, then the number of votes in the entire network will still be maintained at about 100 million and the current nodes can also keep stably operating. (6/6)

REI Price Changes After Event Publication

REI Events on the Chart

0.50%

1 hour

0.70%

3 hours

10.70%

1 day

7.24%

2 days

89.00%

Now (Added 3 years ago)