Fractal Bitcoin activates FIP-101 upgrade, with support from mining pools such as Foundry and a certain exchange
According to ChainCatcher, the Fractal Bitcoin network has announced the successful activation of the FIP-101 node upgrade at block height 1,500,000, completing the first phase of consensus change and initiating the construction of standardized indexing. This upgrade has received support from major mining pools, covering approximately 85% of the total Bitcoin network hashrate.
The Fractal block production structure will also gradually transition from a 1:2 ratio of merged mining and independent mining to a ternary structure of merged mining, independent mining, and indexed block production at a 1:1:1 ratio. Index nodes will be incorporated into the core levels of the block production and incentive system.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
USD/JPY: Intervention threat caps upside – MUFG
Blank check company Calm Seas Acquisition plans to raise $300 millions through an IPO: Former Commander of the U.S. Army Pacific appointed as Chairman, targeting oil and gas, offshore drilling, and shipping sectors.
Blank check company Calm Seas Acquisition filed documents with the SEC on Monday, proposing to raise up to 300 million USD through an IPO.
EUR/USD: Lagarde’s dovish tilt weighs on Euro – ING
