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New Transaction Verification System on WEMIX Platform

New Transaction Verification System on WEMIX Platform

user avatar

by Giorgi Kostiuk

9 months ago


The WEMIX team has announced the introduction of a new transaction verification system aimed at enhancing user asset protection and increasing service transparency.

Goals of the New Verification System

The new verification system will be applied to transactions requiring additional investigation. This will significantly enhance the protection of user assets by ensuring validity checks, integrity checks, consensus checks, and cryptographic verification after user signature.

Service Restrictions During the Update

During the update, the use of certain services will be temporarily restricted. Specifically:

1. **WEMIX PLAY Swap Service** - restrictions on token swaps, excluding the WEMIX3.0 mainnet. 2. **WEMIX PLAY NFT Conversion Service** - restrictions on NFT network conversions. 3. **Certain In-Game Staking Services** - restrictions on the XDRACO HYDRA STAKING PROGRAM in MIR4.

Update Schedule

The update is scheduled from April 28, 2025, 23:00 to April 29, 2025, 05:00 (UTC+0). This schedule may be subject to change.

The new transaction verification system showcases WEMIX’s commitment to bolstering the security of its services and protecting user assets. The introduction of this system is expected to enhance trust among ecosystem participants.

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