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Plasm Network To Experience Hard Fork Due To Parachain Auction

Tracy CHEN

Summary: Because of the upcoming network freeze due to technical changes, Plasm Network is preparing for a massive upgrade. Notably, they are migrating to a Proof-of-Stake consensus mechanism plus other updates to the network.The Parachain auction is coming soon, essentially meaning that Plasm Network has to hard fork the network when the time comes. This migration ...

Because of the upcoming network freeze due to technical changes, Plasm Network is preparing for a massive upgrade. Notably, they are migrating to a Proof-of-Stake consensus mechanism plus other updates to the network.
The Parachain auction is coming soon, essentially meaning that Plasm Network has to hard fork the network when the time comes. This migration requires them to completely freeze the network for a moment. Freezing basically means that no new blocks will be propagated to the network. Effectively stopping the entire chain. This state is only recoverable through a hard-fork.

Tracy Chen

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