In September 2024, the Beldex network will undergo a major upgrade known as Hermes Hardfork. This update aims to significantly enhance the network's speed, security, and overall performance.
Key Changes in the Hermes Hardfork
The Hermes Hardfork integrates Ethereum addresses and ENS domain names into the Beldex Naming System, allowing users to easily link their ETH addresses and ENS names with BNS identities. 'Sanity check' issues have been addressed, enhancing the network's security and stability. Additionally, the number of masternodes that can be set up on a single VPS is limited to three to improve block validation quality.
Required Steps for Update
To maintain network operations, all node operators must update their binaries, including masternode users, exchange platforms, wallet applications, and service providers. The update involves executing a command to install new binaries through the terminal.
Implications of the Changes for Users
Limiting the setup to only three masternodes per VPS enhances network efficiency. Users operating more than three nodes on a single machine should migrate the excess nodes to new servers. This change leads to improved network performance and reliability.
Hermes Hardfork is a crucial update for the Beldex network, focusing on enhancing its stability, security, and performance. Important steps for updating binaries and migrating masternodes will assist users in staying connected to the network and benefiting from its improved features.
