BNB Greenfield Will Upgrade Veld Hard Fork on June 25th

Bittime - BNB Greenfield will undergo a major upgrade Veld hard fork on June 25, 2024. This upgrade will bring a number of significant updates that will optimize the platform's performance and functionality.

BNB Greenfield Upgrade Schedule and Procedures

The Veld hard fork upgrade will take place in two main stages:

1. Testnet Veld Hard Fork: Scheduled to occur on block 9,581,218 and will take place on June 25, 2024 at 14:00 WIB.
2. Mainnet Veld Hard Fork: Scheduled to occur on the 9,269,910th block and is expected to occur on July 8, 2024 at 14:00 WIB.

Validators and Saving Providers (SP) are required to update the software to the latest version before the hard fork takes place.

• Validator: Must update to greenfield version v1.8.0.
• SP: Must update to greenfield-storage-provider version v1.8.0.

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New BNB Greenfield Upgrade Features

The Veld hard fork will introduce several new features and bug fixes designed to improve the user and developer experience. Some important updates include:

• Bucket Status on Migration Events: This feature will add bucket status on any migration-related events, and help users better track the status of their storage.
• Retired Bucket Migration Support: Provides support for the migration of discontinued buckets.
• Principal Values ​​as Group Names: This feature allows users to set principal values ​​to group names, providing more flexibility in storage management.

Improvements to SP

For SPs, some of the key improvements include:

• Bucket Status on Migration Events: Added a bucket status field on each migration event, which will provide more detailed information to service providers.
• More Detailed Logs: Added more detailed custom logs to improve system monitoring and management.

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Integration with MindPress Data Marketplace

One of the standout features of the Veld hard fork is integration with the MindPress Data Marketplace, which is designed to simplify and improve the user experience on the DEX platform. Some of the advantages offered by MindPress include:

• Seamless Network Operations: Users can complete all tasks on the BSC network without needing to switch to Greenfield, ensuring a smooth and uninterrupted experience.
• Flexible Payment Options: Projects can choose to cover storage and download costs, allowing users to access the platform for free.
• Easy Uploads: The delegate upload feature allows users to upload multiple large objects simultaneously without requiring a signature or fee, greatly simplifying the upload process.
• Fast Listing Process: Users can list items for sale in just two transactions, making the listing process fast and easy.

With this improvement, the Greenfield ecosystem is expected to become stronger and more responsive to the needs of its users.

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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:

What is Hard Fork Combinator? This is the explanation!

What is a Hard Fork and Its Impact on the Crypto Industry

BNB Chain Will Upgrade Haber Hard Fork on opBNB Mainnet!

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.