AIOZ Network Upgrade & Hardfork v1.5.0
AIOZ Network is excited to announce the upcoming Upgrade & Hardfork v1.5.0, scheduled to activate at Block 11,748,000 on March 06, 2024. The estimated time is 08:00 UTC.
To ensure a smooth transition and safeguard user funds, the Transfer, Staking, and Bridging functionalities on AIOZ Web Wallet will be temporarily suspended starting March 06, 2024, at 05:00 UTC.
AIOZ Network Upgrade & Hardfork v1.5.0
- New "cron" module
Introduces an on-chain scheduling system, the "cron" module. This empowers developers to create and manage automated tasks directly within the blockchain, unlocking new possibilities for decentralized applications.
- New "burn" module
Introduces the "burn" module, allowing for automatic and programmatic management of token burning.
- Transaction Fee Burning
Introduces a transaction fee-burning mechanism
- System Stability and Security
Addresses a previously identified issue related to exporting and importing state data, further strengthening the overall stability and security of the AIOZ Network.
AIOZ Validators: Join the AIOZ Network Upgrade & Hardfork v1.5.0
Upgrade v1.5.0 is critical to unlock the aforementioned features and maintain optimal network performance. We encourage all validators and node operators to upgrade their binaries to v1.5.0. Below are steps on how to manually upgrade your validator:
1. Download the latest version of the nodes:
2. After block 11,748,000, old version validator nodes will stop automatically.
3. Update to the latest version of the validator node.
4. Restart the validator node.
To automate the upgrading process, you can also use Cosmovisor. Check out this tutorial for instructions on installing and using Cosmovisor.
About the AIOZ Network
AIOZ Network is a DePIN for Web3 AI, Storage, and Streaming.
AIOZ empowers a fast, secure, and decentralized future.
Powered by a global network of DePINs, AIOZ rewards you for sharing your computational resources for storing, transcoding, and streaming digital media content and powering decentralized AI computation.
