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Band Protocol’s BandChain Main Network to Undergo Upgrades

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It is reported that the cross chain oracle machine Band Protocol has voted to upgrade the BandChain main network to v2.5, which is expected to be upgraded at the block height of 16

Band Protocols BandChain Main Network to Undergo Upgrades

It is reported that the cross chain oracle machine Band Protocol has voted to upgrade the BandChain main network to v2.5, which is expected to be upgraded at the block height of 16562500 (22:00 on April 27, Beijing time). Upgrades include upgrading ibc-go to v4.3.0, cosmos-sdk to v0.45.15, tendermint (cometbft) to v0.34.27, and support for bandd static link binaries.

The BandChain main network is expected to be upgraded to v2.5 on April 27th

Band Protocol’s cross chain oracle machine, BandChain, is set to receive a significant upgrade to version 2.5. According to reports, the upgrade will take place at block height 16562500 (22:00 on April 27, Beijing time). The upgrade will bring several key improvements, including an upgrade to ibc-go to v4.3.0, cosmos-sdk to v0.45.15, tendermint (cometbft) to v0.34.27, and support for bandd static link binaries.

What is Band Protocol?

Band Protocol is a decentralized oracle network that enables developers to obtain real-world data and build complex decentralized applications. The protocol uses cross-chain communication to enable data to be transferred seamlessly between different blockchain networks. This allows developers to create applications that can interact with data from various sources, including APIs and traditional databases.

Why Upgrade to v2.5?

The upgrade to BandChain’s main network is essential to ensure that it continues to perform at an optimal level. By upgrading ibc-go, Cosmos-SDK, and Tendermint (cometbft), the network will be able to operate more efficiently and support more complex applications. Additionally, the upgrade will allow for the support of bandd static link binaries, which will enable developers to build and release their decentralized applications more easily.

Key Improvements in v2.5

The BandChain v2.5 upgrade will bring several improvements to the network, including:

1. Ibc-go Upgrade

Upgrade to ibc-go v4.3.0 will enable the network to support more complex transactions and improve the efficiency of cross-chain communication.

2. Cosmos-SDK Upgrade

Upgrade to cosmos-sdk v0.45.15 will enable the network to handle more complex transactions and provide better security for users’ data.

3. Tendermint (cometbft) Upgrade

Upgrade to tendermint (cometbft) v0.34.27 will improve network performance and provide better stability and security.

4. Support for bandd Static Link Binaries

The support for bandd static link binaries will simplify the process of building and releasing decentralized applications on the BandChain network.

Conclusion

The upgrade to BandChain’s main network to v2.5 is a significant step forward for the protocol. The improvements in ibc-go, Cosmos-SDK, and Tendermint will enable the network to operate more efficiently and better support complex applications. The addition of support for bandd static link binaries will simplify the development process for decentralized applications on the network.

FAQs

1. What is BandChain?
BandChain is a decentralized oracle network that enables developers to obtain real-world data and build complex decentralized applications.
2. What is the purpose of the v2.5 upgrade?
The v2.5 upgrade is designed to improve BandChain’s performance, security, and support for complex applications.
3. When will the upgrade take place?
The upgrade is scheduled to take place at block height 16562500 (22:00 on April 27, Beijing time).

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