Stratis to Launch Masternode Contract Mainnet on June 11th
Stratis has officially announced that Masternode Contract Mainnet Activation is scheduled for June 11th, at approximately 10:00 AM UTC. With this upgrade, Masternode Staking will go live, enabling masternode operators to nearly double their rewards by participating in staking. The activation will occur at block height 2,587,200 (Epoch 81,844).
This hard fork marks the final milestone in deploying staking functionality on the mainnet. All validators are required to upgrade before the fork to maintain operational status.
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.
@stratisplatform
In just 4 weeks, Masternode Staking goes live, allowing Masternodes to also stake and nearly double their rewards!
📍 Activation: June 11th, ~11:00 AM BST
📦 Block: 2,587,200 | Epoch: 81,844
✅ This hard fork is
