Zilliqa to Undergo Hard Fork on November 17th
Zilliqa is preparing for a major mainnet upgrade to version 0.19.0, which will take place at block 13514400, approximately on November 17, at 07:18 UTC.
The upcoming hardfork introduces two key improvements:
– A 7-day stake unbonding period, offering greater flexibility for stakers.
– Jailing of faulty proposers, aimed at improving overall network stability and uptime.
Validators are required to update their nodes before the hardfork to ensure proper network synchronization.
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.
