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Home»ADOPTION NEWS»Conflux Network announces upcoming hard fork upgrade
ADOPTION NEWS

Conflux Network announces upcoming hard fork upgrade

By Crypto FlexsMay 24, 20242 Mins Read
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Conflux Network announces upcoming hard fork upgrade
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Conflux Network prepares for hard fork upgrade.

In a recent announcement, Conflux Network stated that it plans to implement fixes in 12 Conflux Improvement Proposals (CIPs) in the next hard fork system upgrade. This report comes via a post on the Conflux Forum highlighting the scope for future revisions.

CIP Details

Proposed modifications include CIP-130, CIP-131, CIP-132, CIP-133, CIP-136, CIP-137, CIP-141, CIP-142, CIP-143, CIP-144, CIP-145, and CIP-130. Included. -1559. These CIPs can be broadly categorized into various areas such as: 1559 Introduction of the mechanism; Compatibility with Cancun Upgrade; Added system features; Consensus protocol coordination; And bug fixes.

In particular, CIP-1559 and CIP-137 focus on the introduction of the 1559 mechanism. This mechanism aims to improve the predictability of transaction fees on the Conflux Network. CIP-141, CIP-142, CIP-143, and CIP-144 are intended to ensure compatibility with the Cancun upgrade. CIP-133 aims to improve system functionality, while CIP-130 and CIP-136 propose adjustments to the consensus protocol. Lastly, CIP-131, CIP-132, and CIP-145 focus on fixing various bugs.

Implications for Conflux Network

Future modifications to the hard fork system upgrade reflect Conflux Network’s commitment to continuous improvement and adaptation. By addressing areas such as system functionality, protocol adjustments, and bug fixes, the network is taking steps to ensure robustness and efficiency. The proposed fixes also demonstrate the network’s responsiveness to technological advancements and changes in the broader cryptocurrency ecosystem, as exemplified by the integration of the 1559 mechanism and compatibility with the Cancun Upgrade.

Given the complexity and technical nature of these CIPs, Conflux Network has provided detailed information about each proposal on its GitHub page. This transparency allows users and developers to understand the implications of proposed fixes and contribute to the ongoing development of the Conflux Network.

from now on

With these proposed modifications, Conflux Network continues to evolve and adapt to meet the needs of its users. The upcoming hard fork system upgrade marks the network’s ongoing efforts to improve functionality, security, and overall user experience. As the network continues to grow, these modifications will play a critical role in shaping its future direction and success.

Image source: Shutterstock

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