Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesCopyBotsEarn

Horizen: ZEN 5.0.0 will undergo a network upgrade on the mainnet via a hard fork on February 7

CointimeCointime2024/01/24 05:37
By:Cointime

The blockchain network Horizen that supports zero-knowledge will undergo a network upgrade on the mainnet through a hard fork at block #1502800 on February 7th at 8:00 PM Beijing time with the release of ZEN 5.0.0.After the hard fork, users will no longer be able to perform any transactions involving shielded addresses. The official recommendation is to move funds out of the shielded pool before this time and not to deposit funds directly from shielded addresses into exchange wallets.Previously, Horizen released a tweet stating that they have communicated with Binance and OKEx to ensure that ZEN is no longer a privacy token. They plan to completely remove the shielded pool on the Horizen main chain, including disabling the shielded transaction function, removing related RPC calls, and providing users with a migration path to move assets out of the shielded pool before the ZEND 4.2.0 hard fork in mid-February.

0

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

PoolX: Stake to earn
CEC, QTLX, GDV and other popular new coins are in hot progress!
Stake now!

You may also like

Has Altcoin Season Started With FED Heat? Legendary Analyst Answers

Cryptocurrency analyst il Capo answered the question of whether the altcoin season has started in his statement.

Bitcoinsistemi2024/09/19 21:06

How Much Will Bitcoin Price Be If Trump Wins, How Much If Harris Wins? Standard Chartered Announces Big Bull Forecast

At what price level will Bitcoin, the world's largest cryptocurrency, be after the US elections? Here are analysts' opinions.

Bitcoinsistemi2024/09/19 21:06

Vitalik Buterin’s Wallet is Active Again: Detected in Onchain Data

Another movement was detected in the cryptocurrency wallets of Ethereum founder Vitalik Buterin. Here are the details.

Bitcoinsistemi2024/09/19 21:06