Wednesday, February 19, 2025

Oraichain Announces Network Upgrade to v0.50.1 with Scheduled Downtime

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KEY TAKEAWAYS

  • Oraichain is set to upgrade its network to version 0.50.1, enhancing performance and scalability.
  • The upgrade leverages the Cosmos SDK’s Eden version, introducing significant improvements in efficiency.
  • This update underscores Oraichain’s commitment to advancing AI-powered decentralized applications.
  • Users are advised to avoid transactions during the scheduled maintenance period at 19:30 UTC.

Oraichain has announced an upcoming network upgrade to version 0.50.1, which is scheduled to occur at block height 39,720,039. This upgrade will involve a brief period of scheduled maintenance at 19:30 UTC, during which users are advised to refrain from making transactions on the Oraichain network.

The upgrade is part of Oraichain’s ongoing efforts to innovate and adapt within the rapidly evolving blockchain ecosystem. Built using the Cosmos SDK, Oraichain benefits from the recent major release of the Cosmos SDK’s Eden (v0.50) version. This update introduces significant improvements in performance, scalability, and developer accessibility.

Impact of Cosmos SDK Eden Upgrade

The Eden upgrade brings transformative advancements to the Cosmos SDK, which will benefit all projects within the ecosystem, including Oraichain. Key features of this upgrade include enhanced performance and reduced load times, as well as decreased memory consumption. These improvements are expected to enhance the overall efficiency and capability of projects built on the Cosmos SDK.

Oraichain’s compatibility with Cosmos SDK v0.50, as approved in Proposal 279, opens up new opportunities for enhancing its ecosystem and advancing AI-powered decentralized applications. The network upgrade is seen as a crucial step in maintaining a robust and future-proof infrastructure.

For more details on the Cosmos SDK Eden upgrade, interested parties can refer to the official release notes.

Commitment to AI and Blockchain Innovation

Oraichain remains committed to leading in AI and blockchain innovation, ensuring that its infrastructure supports the needs of a decentralized and AI-powered future. The network upgrade to v0.50.1 is a testament to this commitment, aiming to maintain a strong and adaptable network.

Users and stakeholders are encouraged to stay informed about further updates as Oraichain continues to grow as a hub for decentralized AI solutions.


Disclaimer: The views expressed in this article are those of the authors and do not necessarily reflect the official policy of CoinsHolder. Content, including that generated with the help of AI, is for informational purposes only and is not intended as legal, financial, or professional advice. Readers should do their research before taking any actions related to the company and carry full responsibility for their decisions.
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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