Syscoin to Undergo Hard Fork on April 8th
Syscoin’s “Codename Nexus” governance proposal has passed with a 95% approval rating from sentry node operator voters, following extensive community discussions on Discord.
The critical Syscoin 5 upgrade is scheduled to activate at block 2,010,345 on April 8th at 00:30 UTC. The upgrade introduces decentralized sequencing with AI-powered sentry nodes, trustless Bitcoin interoperability, and dynamic governance to the Syscoin blockchain.
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.
