Nervos CKB Update
The most recent update from Nervos CKB, version 0.119.0, was launched on October 25, 2024. This upgrade holds considerable importance as it introduces a new preview chain, which offers a testing environment for the forthcoming hard fork on the Nervos network. Below are the main highlights:
- New Preview Chain: Empowers developers and users to interact with the hard fork modifications prior to the official release, promoting transparency and preparation.
- Testnet Implementation: The hard fork has been implemented on the testnet, necessitating nodes to upgrade to this new version to engage and effectively trial the modifications.
- Interoperability: Guarantees compatibility throughout various network stages, encompassing developments slated for upcoming epochs.
Significant upgrades and bug corrections in this release tackle multi-threading challenges, script enhancements, and transaction conflict resolutions, strengthening the overall reliability of the network.
Zephyr Protocol v2.0.0 – ZSD Yield Release
Zephyr’s noteworthy upgrade to version 2.0.0, referred to as the ZSD Yield Release, was implemented to facilitate the new ZSD Yield Mechanism. Here are the considerable alterations and improvements:
- ZSD Yield Mechanism: Users can now stake ZSD and receive Zephyr Yield Shares (ZYS), a novel asset that signifies a stake in the ZSD Yield Reserve.
- Block Reward Reorganization: In support of the new yield framework, block rewards have been redistributed, greatly modifying the allocation to favor reserve enhancement while eliminating the governance reward.
This update signifies a significant transition in Zephyr’s strategy towards value storage and distribution, aspiring to boost stability and advancement within the ecosystem.
Pyrin Network Uncertainty
October introduced unexpected hurdles with the Pyrin project. The developers have suddenly exited the initiative and terminated all related online platforms, raising substantial concerns about the future of the Pyrin network. Consequently:
- The official Pyrin website and social media accounts have been shut down, removing direct sources of information and updates.
- Mining persists; however, the stability and sustainability of PYI are currently in dispute, and no new deposits are being accepted on exchanges.
- Bitcoin payouts for PYI mining have been suspended, indicative of the uncertainty surrounding the project’s future.
We recommend miners to exercise caution and contemplate mining alternative cryptocurrencies. Utilize 2CryptoCalc.com to evaluate the profitability of various options.
As always, we are here to assist your mining ventures and will keep you informed through our X (Twitter) and Telegram miner community on any developments. Your prosperity in mining is crucial to us, and we are dedicated to navigating these challenges in unison.
