Filecoin Network Prepares for NV23 Upgrade with 'Waffle' Codename
Wednesday, July 31, 2024 5:27 AM
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The Filecoin network is set to undergo the NV23 upgrade, also known as ‘Waffle’, aimed at improving network performance and integration with the broader blockchain ecosystem. South Korean exchange Upbit will temporarily freeze Filecoin (FIL) deposits and withdrawals starting August 6 to ensure a smooth transition during the upgrade. Users need not worry about their assets as services are expected to resume once the upgrade is complete. The upgrade will bring benefits such as faster transaction processing, simplified storage additions, and support for legacy Ethereum transactions. Stay tuned for updates on the NV23 upgrade and service resumption through official channels.
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