Nervos CKB Update
The latest release from Nervos CKB, version 0.119.0, was introduced on October 25, 2024. This update is pivotal as it rolls out a new preview chain, which provides a test environment for the upcoming hard fork on the Nervos network. Here are the key highlights:
- New Chain for Preview: Allows developers and users to engage with the hard fork changes ahead of official deployment, enhancing transparency and readiness.
- Testnet Activation: The hard fork has been activated on the testnet, requiring nodes to update to this latest version to participate and test the changes effectively.
- Compatibility: Ensures compatibility across different network stages, including developments scheduled for future epochs.
Notable improvements and bug fixes in this release address multi-threading issues, script optimizations, and transaction conflict resolutions, contributing to the overall robustness of the network.
Zephyr Protocol v2.0.0 – ZSD Yield Release
Zephyr’s major update to version 2.0.0, known as the ZSD Yield Release, was rolled out to support the new ZSD Yield Mechanism. Here are the significant changes and enhancements:
- ZSD Yield Mechanism: Users can now stake ZSD and receive Zephyr Yield Shares (ZYS), a new asset that represents a stake in the ZSD Yield Reserve.
- Block Reward Restructuring: To support the new yield system, block rewards have been reallocated, significantly altering the distribution to favor reserve accumulation while removing the governance reward.
This update marks a substantial shift in Zephyr’s approach to value storage and distribution, aiming to enhance stability and growth within the ecosystem.
Pyrin Network Uncertainty
October brought unforeseen challenges with the Pyrin project. The developers have abruptly left the project and shut down all associated online platforms, casting significant doubt on the future of the Pyrin network. As a result:
- The official Pyrin website and social media channels have been deactivated, eliminating direct sources of information and updates.
- Mining continues, however, the stability and viability of PYI are now in question, and no new deposits are being accepted on exchanges.
- Bitcoin payouts for PYI mining have been halted, reflecting the uncertainty surrounding the project’s continuation.
We advise miners to proceed with caution and consider mining other cryptocurrencies. Use 2CryptoCalc.com to assess the profitability of available options.
As always,…