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On April 29th, Wanchain (Wanchain) main network released a new version of the GWAN client (V2.1.5). Compared with the previous version, the biggest change in this version is the reduction of of gas fees for transactions from the original 180Gwin to 1Gwin, making gas fees on Wanchain negligible. This makes DApp usage much cheaper, making Wanchain more attractive as a platform for both DApp creators and users.
Validators must complete the upgrade before 00:00 UTC on May 4th, 2020, so as to avoid causing PoS transaction to fail and affecting own PoS revenue.
The update script runs as follows: ($ is the command prompt of the console, please do not copy)
$ rm updateMainnetValidator.sh
$ wget https://raw.githubusercontent.com/wanchain/go-wanchain/develop/loadScript/updateMainnetValidator.sh && chmod + x updateMainnetValidator.sh && ./updateMainnetValidator.sh
Since shutting down the node during upgrade may result in loss of revenue, the upgrade can also be done without stopping your node as follows:
Wanchain is the infrastructure connecting the decentralized financial world. Wanchain’s live cross-blockchain solution is EVM-based, includes optional private transactions, and provides a decentralized, permissionless, and secure approach for interoperability. Wanchain has employees globally with teams in Beijing (China), Austin (USA), Kuala Lumpur (Malaysia), and Madrid (Spain).
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Wanchain New Wanchain GWAN Mainnet Update was originally published in Wanchain on Medium, where people are continuing the conversation by highlighting and responding to this story.
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