The BandChain main network is expected to be upgraded to v2.5 on April 27th

04/26/2023 04:08 • Blockchain Buzz • 125 views

It is reported that the cross chain oracle machine Band Protocol has voted to upgrade the BandChain main network to v2.5, which is expected to be upgraded at the block height of 16562500 (22:00 on April 27, Beijing time). Upgrades include upgrading ibc-go to v4.3.0, cosmos-sdk to v0.45.15, tendermint (cometbft) to v0.34.27, and support for bandd static link binaries.

The BandChain main network is expected to be upgraded to v2.5 on April 27th

I. Introduction
– Brief explanation of Band Protocol and BandChain main network
II. Cross Chain Oracle Machine Band Protocol’s Upgrade to v2.5
– Description of the upgraded BandChain main network
III. Upgrades Included
– Explanation of the upgrades included in Band Protocol’s upgrade
IV. Impact on Users
– How the upgrade will affect users of the BandChain main network
V. Benefits of the Upgrade
– Discussion of the benefits of upgrading to v2.5
VI. Conclusion
– Summary of the article
# Article
Band Protocol, the cross-chain oracle machine, has recently announced the upgrade of its BandChain main network to v2.5, expected to take place at the block height of 16562500 on April 27th, Beijing time. The upgrade includes several changes and improvements crucial for the operation and functionality of the BandProtocol network.

Cross Chain Oracle Machine Band Protocol’s Upgrade to v2.5

Band Protocol is an open-sourced, decentralized cross-chain oracle platform that connects any external data or API to smart contracts. As a highly responsive and secure infrastructure built on blockchain technology, Band Protocol is a key component of many decentralized applications.
The upgrade of the BandChain main network demonstrates the commitment of the Band Protocol team to continuously improve and innovate their system for their users.

Upgrades Included

The updates included in the Band Protocol upgrade are crucial for maintaining the stability and efficiency of the network. The upgrades include upgrading ibc-go to v4.3.0, cosmos-sdk to v0.45.15, tendermint (cometbft) to v0.34.27, and support for bandd static link binaries.
These changes will improve the overall quality and speed of the network’s performance, allowing it to operate more smoothly and securely.

Impact on Users

The upgrade to v2.5 is expected to have a minimal impact on users of the BandChain main network. However, it is suggested that users upgrade their nodes to the new version as soon as possible.
Users can expect to experience a faster and more stable network, as well as improved overall security and efficiency.

Benefits of the Upgrade

The benefits of upgrading to v2.5 are numerous. The new version will improve the network’s capacity and reduce the risk of potential errors or bugs. Additionally, the upgrade will include improvements to the network’s store-and-forward mechanism, which will increase the network’s throughput and reduce latency.
The upgrade also plans to implement multiple hard forks, granting greater flexibility to developers and allowing for more secure and efficient operations.

Conclusion

The upgrade of the BandChain main network to v2.5 demonstrates Band Protocol’s continued leadership and dedication to the development of their decentralized oracle network. The upgrades will improve the overall quality and speed of the network, benefitting all users of the system.
Overall, the network upgrade represents an exciting and positive step forward in the evolution of Band Protocol, further establishing the platform’s position as a leading decentralized oracle infrastructure.

FAQs

Q: What is Band Protocol?
A: Band Protocol is an open-sourced, decentralized cross-chain oracle platform that connects any external data or API to smart contracts.
Q: What does the upgrade to v2.5 include?
A: The upgrades include upgrading ibc-go to v4.3.0, cosmos-sdk to v0.45.15, tendermint (cometbft) to v0.34.27, and support for bandd static link binaries.
Q: How will the upgrade affect users of the BandChain main network?
A: Users can expect to experience a faster and more stable network, as well as improved overall security and efficiency.

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