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Grin V40 hard fork planning On July 15th Grin coin will upgra

Date:2024-04-28 18:21:13 Channel:Wallet Read:
Title: Grin V4.0 hard fork: On July 15th, Grin currency will usher in a new upgrade!
The Grin V4.0 hard fork is coming soon, and July 15th will become an important node for the upgrade of the Grin coin mainnet. This news undoubtedly excites the entire digital currency community. As a pioneer in the field of cryptocurrency, Grin Coin has attracted much attention for its continuous technological innovation and progress. In this article, we will delve into the planning details of the Grin V4.0 hard fork and reveal its impact on the Grin ecosystem and holders. Let us take a look at what this upgrade will bring us. surprises and challenges.
Grin V4.0 hard fork: upgrade details revealed
The planning details of the Grin V4.0 hard fork are highly anticipated. What major changes will this upgrade bring to the Grin coin? First, we need to understand how Grin coin works. Grin currency uses the Mimblewimble protocol. The core features of this protocol are to protect user privacy and improve transaction scalability. It is a revolutionary cryptocurrency technology. The V4.0 hard fork will further improve this protocol and enhance the performance and functionality of Grin coins.
In the upgrade, Grin V4.0 will introduce new features and improvements, such as higher transaction speeds, lower fees, and stronger security. This will bring a better trading experience to Grin users and also help attract more users and investors to join the Grin ecosystem. The planning of this hard fork fully takes into account community feedback and technological development needs, and strives to lay a solid foundation for the future development of Grin currency.
Grin Coin Mainnet Upgrade: Countdown to July 15th
July 15th will be an important day for the Grin mainnet upgrade. This upgrade means that Grin coin will usher in a new milestone, bringing new vitality and opportunities to the entire ecosystem. For holders, how will this upgrade affect their investment and participation? We can think about it from several aspects.
First of all, after the Grin V4.0 hard fork, holders need to pay attention to wallet upgrades and backups to ensure asset security. Secondly, since the upgrade may cause network fluctuations and price fluctuations, holders need to remain vigilant, track market dynamics in a timely manner, and control risks. Most importantly, holders should pay attention to the Grin Coin team’s official announcements and community updates to stay up to date with the latest information in order to make informed decisions.
Innovation Leads the Future: The Development Path of Grin Coin
Grin has always been known for its innovative spirit and open attitude, constantly exploring and practicing new cryptocurrency technologies. In this highly competitive digital currency market, Grin Coin has always adhered to the concepts of open source and decentralization, and is committed to creating a more secure, private and scalable digital currency system.
The planning of the Grin V4.0 hard fork once again demonstrates the Grin Coin team’s dedication to technology and care for users. They continue to work hard to improve and improve the functions of Grin Coin to provide users with better services and experiences. I believe that with the implementation of this upgrade, Grin currency will usher in a more brilliant future and become a leader in the field of digital currency.
Conclusion
The news of Grin V4.0 hard fork planning is very exciting. The mainnet upgrade on July 15 will bring new opportunities and challenges to Grin currency. As a dark horse in the field of digital currency, Grin Coin has won widespread attention with its innovative spirit and open attitude. It is hoped that through this hard fork, Grin currency can further enhance its competitiveness, create greater value for users, and lead the future development of the cryptocurrency industry. Let us look forward to the smooth implementation of the Grin V4.0 hard fork, bringing new vitality and possibilities to the digital currency world!

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As mentioned in the previous article, Grin will undergo four hard forks in the first two years of its launch. The code is set to undergo a hard fork approximately every 6 months and every 6024726 = 262.080 blocks.

· First hard fork block height: 262.080. Completed

· Second hard fork block height: 524.160. Completed

· The third hard fork block height: 786.240

· The fourth hard fork block height: 1.048.320

The third network upgrade is expected to be in mid-July this year, when grin-node, grin-wallet and grin-
The compatible version of the miner will be upgraded to 4.0.0 or higher. The first release is scheduled for June.

First Class Warehouse Note: The major changes, dates, and coordination and communication mentioned below are all to successfully complete the third upgrade and give system participants sufficient time to prepare. We will update as soon as there are other new changes.

Important information:

Grin
v4.0.0 is a large-scale network upgrade. Users do not need to do anything except update the binaries to use Grin after upgrading. Stored GRIN tokens will not be affected. But beware of scammers asking you to transfer GRIN to other places.

Major changes:

Here are some of the major changes. After the team determines the final scope of changes, the first-class warehouse will be updated as soon as possible.

node:

·
Final tweaks to the AR (ASIC-resistant) proof-of-work algorithm. Grin has kept its promise and will adjust the CuckARoo algorithm to prevent manufacturers from building specialized ASIC miners for it. Therefore, Cuckaroom will be replaced by a new algorithm, the details of which have not yet been made public. At that time, the forum will push an article determining the algorithm in advance, as well as the corresponding change request. At the same time, the mining software must be upgraded.

Definition: To be determined

Cuckoo Cycle library: 

Corresponding Grin hard fork PoW proposal: TBD

Grin-miner improvement request: pending

· Deprecated Node API v1: Deprecated the first version of the Node API.

· Parallel IBD: An improved initial synchronization and download process of blockchain data.

Relative locked kernels: support future use cases such as payment channels.

wallet:

·Compact slates: A new, slate format designed to reduce traces as much as possible.

·Slate serialisation: A new serial slate to transfer as large a data size as possible.

· Armored slates: An iteration of file-based processing designed to make it as easy as possible for users to copy/paste slate file text across different media and devices.

·Reject http to obtain external addresses: Unsafe http will be rejected, probably in version 5.0.0 (January 2021).

Compatibility: TBD

Operating requirements: TBD

details

·Latest overview: Issues in the v4.0.0 plan

· Node milestone: 

·Wallet milestone: 

Schedule

Note: The actual date (except hard fork block height) will be adjusted according to the situation.

Before the hard fork, the Grin community will communicate as follows:

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