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October 2024 Work Progress Report: CKB and ZEPH Updates, Pyrin Issues

November 19, 2024
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October 2024 Work Progress Report: CKB and ZEPH Updates, Pyrin Issues
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October

Nervos CKB Replace

The newest launch from Nervos CKB, model 0.119.0, was launched on October 25, 2024. This replace is pivotal because it rolls out a brand new preview chain, which gives a check surroundings for the upcoming laborious fork on the Nervos community. Listed here are the important thing highlights:

New Chain for Preview: Permits builders and customers to have interaction with the laborious fork modifications forward of official deployment, enhancing transparency and readiness.
Testnet Activation: The laborious fork has been activated on the testnet, requiring nodes to replace to this newest model to take part and check the modifications successfully.
Compatibility: Ensures compatibility throughout completely different community phases, together with developments scheduled for future epochs.

nervos-miningnervos-mining

Notable enhancements and bug fixes on this launch tackle multi-threading points, script optimizations, and transaction battle resolutions, contributing to the general robustness of the community.

Zephyr Protocol v2.0.0 – ZSD Yield Launch

Zephyr’s main replace to model 2.0.0, generally known as the ZSD Yield Launch, was rolled out to assist the brand new ZSD Yield Mechanism. Listed here are the numerous modifications and enhancements:

ZSD Yield Mechanism: Customers can now stake ZSD and obtain Zephyr Yield Shares (ZYS), a brand new asset that represents a stake within the ZSD Yield Reserve.
Block Reward Restructuring: To assist the brand new yield system, block rewards have been reallocated, considerably altering the distribution to favor reserve accumulation whereas eradicating the governance reward.

This replace marks a considerable shift in Zephyr’s strategy to worth storage and distribution, aiming to reinforce stability and development inside the ecosystem.

Pyrin Community Uncertainty

October introduced unexpected challenges with the Pyrin undertaking. The builders have abruptly left the undertaking and shut down all related on-line platforms, casting important doubt on the way forward for the Pyrin community. Because of this:

The official Pyrin web site and social media channels have been deactivated, eliminating direct sources of knowledge and updates.
Mining continues, nevertheless, the soundness and viability of PYI are actually in query, and no new deposits are being accepted on exchanges.
Bitcoin payouts for PYI mining have been halted, reflecting the uncertainty surrounding the undertaking’s continuation.

We advise miners to proceed with warning and take into account mining different cryptocurrencies. Use 2CryptoCalc.com to evaluate the profitability of obtainable choices.

As at all times, we’re right here to assist your mining endeavors and can maintain you up to date by our X (Twitter) and Telegram miner neighborhood on any developments. Your success in mining is vital to us, and we’re dedicated to navigating these challenges collectively.



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Tags: CKBOctoberProblemsProgressPyrinReportUpdatesWorkZEPH
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