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Cryptocurrency News Articles

Neutron v5.1 Upgrade

Jan 30, 2025 at 09:54 pm

A scheduled network upgrade will take place at block height 19947000, expected around 2 PM UTC on Feb. 12th.

Neutron v5.1 Upgrade

Highlighting its commitment to enhancing user experience, Neutron, a blockchain operating on the Cosmos network, has announced its upcoming v5.1 upgrade, set to take place on February 12. The platform disclosed this information via its official social media channels, emphasizing the new version's aim to improve the overall user experience.

This upgrade, scheduled to occur at block height 19,947,000, will introduce advancements in flexibility, security, and stability to the Neutron blockchain. A key focus of this upgrade is on enhancing Neutron’s decentralized exchange (DEX) module to ensure more secure and seamless transfers for users.

By addressing efficiency concerns and mitigating potential vulnerabilities, this upgrade aligns with Neutron’s broader goal of maintaining a robust blockchain ecosystem. This initiative is part of the platform’s ongoing strategy to optimize blockchain performance while simultaneously enhancing user interaction.

Potential Network Downtime and Validator Guidance

Neutron has informed validators and users that temporary network downtime may occur during the implementation of the upgrade. As a result, transactions could be temporarily halted until the process is fully completed. The platform has assured its community that it will provide timely updates regarding the successful implementation and restoration of network services.

Highlighting its commitment to a smooth transition, Neutron has extended support and guidance to validators, helping them navigate the upgrade seamlessly. The platform has indicated that validators can access detailed instructions through Neutron and Cosmos Hub Discord channels. Staying informed on these guidelines will enable them to minimize disruptions and facilitate an efficient upgrade process.

According to the latest updates, the designated block height for the upgrade has not yet been reached, with its creation scheduled for February 12. Neutron remains committed to keeping its users informed and ensuring a seamless transition to v5.1, reinforcing its dedication to blockchain security and efficiency.

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Other articles published on Feb 01, 2025