Filecoin Mainnet Upgrade nv23 (Waffle) Arrives Today

IconCryptoNewsTerminal Staff06 Aug, 2024

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Filecoin Mainnet Upgrade nv23 (Waffle) Arrives Today

Filecoin (FIL) is set to deploy its mainnet upgrade to nv23 (codename: Waffle) today, 8 PM (KST) via official X. The upgrade encompasses a range of additions and enhancements, including: - BLS signature aggregation to FVM - Support for homestead and EIP-155 Ethereum transactions - Non-interactive PoRep These upgrades aim to enhance the network's security, scalability, and user experience. For instance, BLS signature aggregation improves transaction efficiency by allowing multiple signatures to be combined into a single, smaller signature. The upgrade process is expected to be seamless for Filecoin users and should not disrupt network operations. However, users are encouraged to update their nodes to the latest version of the Filecoin software to ensure compatibility with the upgraded network. The successful deployment of nv23 marks a significant milestone in Filecoin's development, as it brings the network closer to its goal of becoming a fully decentralized and scalable data storage solution.