Ve Chain Proof-of-Authority 2.0 | VIP-220 Hard Fork Going Live on Nov. 17

 

DATES

First - the all-important date of deployment! The final phase of 'Proof of Authority 2.0' (POA2.0), the integration of finality with VIP-220, goes live at block height 13815000, expected 17 Nov., 8:10am UTC+0.

After many years of hard work, #VeChainThor's most significant mainnet hard fork is ready for deployment following the successful vote on VIP-220, or 'Finality with one Bit' (FOB). PoA2.0 is game-changing for VeChain.

 

ECONOMIC/X-NODES

As an Economic or X Economic node holder - no motion is required. The tough fork will take location without a person impact. Transfers to or from exchanges can be quickly suspended across the date of the improve, so, please make certain to double take a look at earlier than sending any tokens!

DEVELOPERS

For builders and tasks strolling Thor Nodes of your own, please improve your node software program to v.2.01 earlier than the Mainnet improve to keep away from any problems together along with your decentralised application. You can discover all information, together with the software program itself, on our GitHub: https://github.com/vechain/thor/releases/tag/v2.zero.1

AUTHORITY MASTERNODES

For the ones coping with Authority Masternodes (AM), upgrading your node software program beforehand of the PoA2.zero hardfork is mandatory, in step with phase 3.2 of the AM handbook: https://www.vechain.org/authority-masternode-handbook/ Please improve your node software program ASAP! All software program sources may be observed here: https://github.com/vechain/thor/releases/tag/v2.zero.1

SUMMARY

Finally, and maximum critically - what is so crucial approximately PoA2.zero? A media deep-dive will come soon, however in summary:

- Solves trade-offs in Nakamoto vs BFT consensus

- Greatly improves chain security

- Data excellent assure w/ finality

- Enables international sustainability goals

With this implementation, VeChain takes a massive soar in the direction of our intention of facilitating international mass adoption of our blockchain technologies, our goals to turn out to be the de-facto platform for sustainability & spearhead financial Digital Transformation.

Join us, and let's construct the future!

To see Live Trading Vist: https://www.youtube.com/watch?v=ATScDNLyHhM