ThunderCore (a prominent L1 chain and Web3 ecosystem devoted to providing economic scalability and high performance to crypto projects) has announced a hard fork. The platform has stated that the platform is determined to take the required measures to guarantee the stakeholders’ long-term success. As per the platform, the upcoming hard fork is also a move to achieve the respective objective.
ThunderCore to Perform a Hard Fork on Its Mainnet on May 2nd
The company disclosed that the respective hard fork will enable ThunderCore to enhance its network efficiency along with the implementation of the necessary changes to provide benefits to the entirety of its stakeholders, including collaborators, developers, staking providers, as well as the whole community. The firm labelled the hard fork as an important landmark that closes it to its goal of becoming the most efficient, secure, and dependable platform offering blockchain infrastructure.
In its words, the company will keep on operating effortlessly to get to its mission of offering the most sustainable and innovative solutions to the community members. ThunderCore declared that the firm will implement the hard fork on its mainnet on May 2nd. It added that the platform will suspend PoS staking (including withdrawals and deposits) during the respective event. The chief objectives of the upcoming hard fork take into account PoS upgrade and RNG adjustment, as mentioned by ThunderCore.
Hard Fork to Improve Decentralization, Staking Ratio, Token Supply, and So on
ThunderCore elaborated that the result of the PoS upgrade will include an increase in the staking ratio. This will play a significant role in enhancing the decentralization of the platform. In addition to this, the upgrade can also minimize security issues to provide benefits to staking and exchange providers. The RNG adjustment will increase the cumulative supply of tokens along with promoting positive development within the ecosystem.
