- Concord (ONE) prompts essential hardfork for its sharding design
- ONE token reacts to main bulletins
Concord (ONE), one of many first sharded blockchains, shares the small print of its main exhausting fork activation. With the brand new mechsnism, transferring worth between shards grow to be simpler than ever.
Concord (ONE) prompts essential hardfork for its sharding design
In keeping with the assertion shared by the crew of Concord (ONE), a high-performance sharded L1 blockchain suitable with Ethereum Digital Machine, its v2023.1.0 was sucessfully activated yesterday at block top 37683200 (epoch 1323).
Pleased Laborious (Velvet) Fork Day!
Take pleasure in native ONE cross shard transfers through any pockets 🔥 pic.twitter.com/nqMNKQwUev
— Concord 💙 (@harmonyprotocol) February 9, 2023
With the brand new technical design, ONE holders can transfer tokens seamlessly between shards with no particular experience and with out writing a single line of code. The improve was supported by all main centralized crypto trade platforms: no motion was required by ONE fans.
Alongside different wallets, the customers of the hottest EVM noncustodial pockets MetaMask can benefit from the superior performance of the blockchain.
Shards will be higher understood as interconnected sub-blockchains. Sharding is essentially the most refined methodology of scaling. Apart from Concord (ONE), this instrument is utilized in NEAR Protocol’s (NEAR) design.
ONE token reacts to main bulletins
Ultimately, the proof-of-stake model of Ethereum (beforehand known as Ethereum 2.0) may also migrate towards a sharded design, per its most up-to-date roadmaps.
Holders of ONE, the core native cryptocurrency of Concord (ONE) blockchain, demostrate optimism. Because the first announcement concerning the activation of this tough fork, the token’s value added 25% in lower than someday.
Within the final 24 hours, ONE buying and selling quantity spiked by 20%. As of printing time, the asset is altering arms at $0.02643 on main spot cryptocurrency exchanges.