Bittime - In the latest official announcement, Binance has confirmed its support for network upgrades and hard forks for two major projects, Sei (SEI) and Harmony (ONE). This step was taken to ensure a better user experience and significant improvement in network performance.
Sei (SEI) and Harmony (ONE) Network Upgrade Schedule
The Sei Project (SEI) will carry out a network upgrade at block height 84,006,014, which is estimated to occur on June 20 2024 at 07:00 WIB.
Meanwhile, the Harmony (ONE) project will also undergo a network upgrade and hard fork at block height 59,080,704, which is expected to occur on June 20 2024 at 15:07, WIB.
Check Today's Crypto Market:
Notice for SEI and ONE Users
Binance advises users to deposit SEI and ONE tokens before the scheduled suspension begins. During the upgrade process, users can still trade tokens supported by the network as usual.
Binance will address all technical issues related to this upgrade to ensure that there are no obstacles that disrupt users' trading activities. Once the network is stable again post-upgrade, deposit and withdrawal services will reopen without further notice.
The Importance of Network Upgrades
The main purpose of this network upgrade and hard fork is to increase network security, efficiency and capacity. In the case of Sei (SEI) and Harmony (ONE), this upgrade is expected to strengthen infrastructure, reduce potential security risks, and increase transaction speed and efficiency.
Also Read How to Buy Crypto:
Sei (SEI) and Harmony (ONE)
Sei is one of those projects that continues to innovate. With this upgrade, Sei plans to introduce new features and fix existing bugs so that the network becomes more reliable and user-friendly. Users and developers are expected to experience significant improvements in transaction speed and efficiency after this upgrade.
Meanwhile, Harmony, which is known for its approach to scalability and efficiency, is also working to improve its network performance through this upgrade. By carrying out the hard fork, Harmony aims to strengthen its consensus mechanism, reduce transaction confirmation times, and increase resistance to attacks.
Check Crypto Prices Today:
How to Buy Crypto with Bittime
You can buy and sell crypto assets in an easy and safe way through Bittime. Bittime is one of the best crypto applications in Indonesia which is officially registered with Bappebti.
To be able to buy crypto assets on Bittime, make sure you have registered and completed identity verification. Apart from that, also make sure that you have sufficient balance by depositing some funds into your wallet. For your information, the minimum purchase of assets on Bittime is IDR 10,000. After that, you can purchase crypto assets in the application.
Monitor price chart movements of Bitcoin (BTC) , Ethereum (ETH) , Solana (SOL) and other cryptos to find out today's crypto market trends in real-time on Bittime.
Also Read:
SEI Network (SEI) Price Prediction in 2024
What is Harmony (ONE)? High Scalability Blockchain Network
Binance Will Temporarily Stop Sei (SEI) Deposits and Withdrawals, What's Up?
DISCLAIMER: This article is informational in nature and is not an offer or invitation to sell or buy any crypto assets. Trading crypto assets is a high-risk activity. Crypto asset prices are volatile, where prices can change significantly from time to time and Bittime is not responsible for changes in fluctuations in crypto asset exchange rates.
Comments
0 comments
Please sign in to leave a comment.