Louisa Crawford
October 28, 2024 15:34
Binance announces Shentu (CTK) network upgrade and hard fork support and temporarily suspends deposits and withdrawals from October 30, 2024.
Binance, a leading cryptocurrency exchange, has confirmed support for the Shentu (CTK) network upgrade and hard fork scheduled for October 30, 2024. According to Binance, the exchange will temporarily suspend deposits and withdrawals of Shentu tokens to ensure smooth progress. implementation.
Network upgrade details
The Shentu network upgrade and hard fork will take place at block height 20,949,300 and is expected to take place around 12:00 (UTC) on the same day. Shentu token trading will not be affected, but please note that deposits and withdrawals will be temporarily suspended from 11:00 (UTC).
Binance’s Role
Binance assured users that it will take care of all technical requirements related to the upgrade. The exchange plans to resume deposits and withdrawals once the upgraded network is deemed stable. Binance also stated that it would not make any further announcements following the upgrade.
Impact on Users
Trading of Shentu tokens will continue without interruption, but users should be prepared for temporary disruptions in deposits and withdrawals. Binance advised users to check the original English version of the announcement for the most accurate information due to potential inconsistencies in the translated versions.
Community and Developer Insights
The Shentu Foundation revealed additional details about the upgrade on its GitHub page, providing insight into the technical improvements expected in the update. As Shentu continues to evolve, this upgrade represents an important step in our development roadmap.
For more information about the network upgrade and hard fork, visit the Shentu Foundation’s GitHub repository.
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