Project Wanchain Unveils New Update… Details Here
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Answer Project Wanchain Unveils New Update… Details Here
The Wanchain Project has announced the update of the GWAN Home Network to version 2.1.5.
As for the new version 2.1.5, it has several improvement updates, on top of which is the reduction of gas fee bonuses for transactions, as the gas transaction fees, which were 180 Gwin, have been reduced to 1 Gwin only.
The new shift in fees, which has become negligible, will affect the use of DApps, as they will become cheaper to run, which means attracting more builders and developers of decentralized applications.
Upgrade to the new version:
Before going through the comprehensive update, there are certain requirements and conditions that must first be passed to ensure the upgrade of the network. As for the auditors, the upgrade has been activated starting the day before yesterday, May 04, due to the importance of what these auditors who move with the upgraded version and to ensure that the quota proof mechanism (PoS) will not fail or affect other returns.
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As for how to upgrade, it is a purely technical process and is based on two methods:
First method:
The first method is to follow the update script which is in a post Blog.
Second method:
When a node is closed during an upgrade, it may result in a loss of revenue, to avoid this happening, it is essential that the upgrade takes place without stopping the node.
The process of performing the upgrade without stopping the node requires the following steps:
- While creating a new cloud service node, the old node needs to be running simultaneously.
- The next step is to either create or copy the Keystore file to the // .wanchain/keystore/ directory of the new node.
- To start the update on the new node, one may need to use the script mentioned in the first method.
- Now, all that needs to be done is to allow the new node to fully sync.
- The last step is to turn off the old node between 7:00 and 8:00 am Beijing time.
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