Monday, December 23, 2024

Cronos Mainnet Pallene Upgrade to Introduce Parallel Transaction Processing

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KEY TAKEAWAYS

  • The Cronos Mainnet will undergo a significant upgrade with the Pallene update, introducing parallel transaction processing and enhancements using the latest Cosmos SDK and CometBFT.
  • The upgrade is scheduled for block height 17,155,000, expected around December 12, 2024, with a network downtime of approximately 60 minutes.
  • Node operators must upgrade to version v1.4.0 at the specified block height to ensure compatibility and continuity of services.
  • This upgrade aims to enhance the performance and capabilities of the Cronos Mainnet, aligning with the latest blockchain technological advancements.

The Cronos Mainnet is set to undergo a significant upgrade with the upcoming Pallene update, which will introduce parallel transaction processing and several enhancements leveraging the latest Cosmos SDK and CometBFT. This upgrade is part of the Cronos Mainnet V1.4 update, with further details announced here.

The upgrade is scheduled to occur at block height 17,155,000, anticipated around Thursday, December 12, 2024, at 6 AM GMT (2 PM HKT/SGT). The exact timing will depend on the progress of block production. The network is expected to experience a downtime of approximately 60 minutes, during which all Cronos services, including the mainnet network, public RPCs, Explorer, and Cronos bridge, will be paused and resumed once the upgrade is complete.

Impact on End-users and Node Operators

For end-users, the upgrade will take place at the specified block height, with the chain temporarily pausing and then resuming once the majority of validators have completed their upgrades. All data will be preserved during this process.

Node operators are required to upgrade their node binary to the latest version, “v1.4.0,” once the upgrade block height is reached. It is crucial not to upgrade to this version before the target block height, as it will be incompatible. Node operators can reach out to the Cronos team via the #cronos-mainnet channel on the Cronos Discord server for any questions or comments regarding the upgrade.

This upgrade marks a pivotal step in enhancing the performance and capabilities of the Cronos Mainnet, aligning with the latest technological advancements in the blockchain ecosystem.


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Shree Narayan Jha
Shree Narayan Jha
Shree Narayan Jha is a tech professional with extensive experience in blockchain technology. As a writer for CoinsHolder.com, Shree simplifies complex blockchain concepts, providing readers with clear and insightful content on the latest trends and developments in the industry.

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