BlockNews
FOLLOW ON X
  • CRYPTO
  • FINANCE
  • POLITICS
  • MEMECOINS
  • NFT
  • TECHNOLOGY
  • OPINION
No Result
View All Result
BlockNews
  • CRYPTO
  • FINANCE
  • POLITICS
  • MEMECOINS
  • NFT
  • TECHNOLOGY
  • OPINION
No Result
View All Result
BlockNews
Home BREAKING NEWS

Klaytn Network Receives Hardfork Update

by BlockNews Team
September 28, 2023
in BREAKING NEWS, CRYPTO, MEDIA, TECHNOLOGY
Reading Time: 2 mins read
A A
1
SHARES
20
VIEWS
Share on XShare in TelegramShare on Reddit
  • Klaytn undergoes the v1.11.0 hardfork.
  • This network upgrade introduces new APIs and a feature called Live Pruning to enable more efficient node communication.

Klaytn Network, a service-based L1, has just undergone a new hardfork update with v1.11.0. As a hardfork, v1.11.0 brings changes that will not be compatible with previous versions.

Klaytn v1.11.0 is now released. Dive into the major hardfork upgrade, new APIs, and many optimizations. A thread 🧵👇#buildonklaytn pic.twitter.com/b1nomJdJ8v

— Klaytn Developers (@BuildonKlaytn) August 14, 2023
Via @BuildonKlaytn – X

The mainnet for Klaytn’s new forked version is known as Cypress, and this upgrade features similarities to the Ethereum Shanghai hardfork. Scheduled to take place on August 28, 2023, v1.11.0 primarily aims to reduce Klaytn gas fees and introduce enhancements to improve network functionality.

v1.11.0  Changes

New APIs have been added to make interacting with the network programmatically easier. These APIs provide additional ways to manage rewards, resend transactions, and check the status of hardforks. Also, certain restrictions have been implemented to prevent excessive resource usage, ensuring a more stable and reliable network.

Furthermore, a new feature called Live Pruning has been introduced, allowing the network to more efficiently manage historical block data in real-time. Pruning a blockchain involves removing outdated, irrelevant, and unnecessary data sets or underperforming nodes from the network to improve the state of the blockchain, allowing it to run more efficiently while consuming fewer resources.

Additionally, support for a database technology called RocksDB has been added, enabling nodes to share data more efficiently. Finally, various bug fixes have been implemented, addressing issues related to node startup failures, API behavior, and reward distribution logic.

Conclusion

This upgrade is vital for the long-term health and functionality of the Klaytn network. The v1.11.0 hardfork is a way to improve Kalytn performance and make the network run more efficiently.

Tags: Hard ForkKlaytn NetworkUpgrade
TweetShareShare
Previous Post

 A Deep Dive into July’s Blockchain Gaming Investment Surge

Next Post

Amazon Giving Out Free NFTs to Over 200 Million Prime Subscribers

DON'T MISS THESE! HOT OFF THE PRESS

Here’s Why Dogecoin’s Jumping Again Today
CRYPTO

Here’s Why Dogecoin’s Jumping Again Today

July 18, 2025
PEPE’s Making Noise, But Is RTX the Sleeper Hit of 2025?
CRYPTO

PEPE’s Making Noise, But Is RTX the Sleeper Hit of 2025?

July 18, 2025
Is Polkadot Dead or Just Getting Started? Here is the Shocking Truth
CRYPTO

Is Polkadot Dead or Just Getting Started? Here is the Shocking Truth

July 18, 2025
President Trump Says Crypto is Good for the Dollar, Claiming Genius Act Will Ensure America’s Dominance
CRYPTO

President Trump Says Crypto is Good for the Dollar, Claiming Genius Act Will Ensure America’s Dominance

July 18, 2025
President Trump Officially Signs Genius Act Into Law: Here is Why This is Game Changing
CRYPTO

President Trump Officially Signs Genius Act Into Law: Here is Why This is Game Changing

July 18, 2025
Trump Signs Genius Act Stablecoin Act, Says They Named the Bill After Himself
CRYPTO

Trump Signs Genius Act Stablecoin Act, Says They Named the Bill After Himself

July 18, 2025
Load More

Related News

Here’s Why Dogecoin’s Jumping Again Today

Here’s Why Dogecoin’s Jumping Again Today

July 18, 2025
PEPE’s Making Noise, But Is RTX the Sleeper Hit of 2025?

PEPE’s Making Noise, But Is RTX the Sleeper Hit of 2025?

July 18, 2025
Is Polkadot Dead or Just Getting Started? Here is the Shocking Truth

Is Polkadot Dead or Just Getting Started? Here is the Shocking Truth

July 18, 2025
President Trump Says Crypto is Good for the Dollar, Claiming Genius Act Will Ensure America’s Dominance

President Trump Says Crypto is Good for the Dollar, Claiming Genius Act Will Ensure America’s Dominance

July 18, 2025
President Trump Officially Signs Genius Act Into Law: Here is Why This is Game Changing

President Trump Officially Signs Genius Act Into Law: Here is Why This is Game Changing

July 18, 2025
Twitter Telegram Threads

BLOCKNEWS.COM

BlockNews

BlockNews.com is your premier source for real-time cryptocurrency, blockchain, and financial market news.

Our mission is to deliver accurate, timely, and insightful information to help both seasoned investors and newcomers navigate the evolving digital economy.

With in-depth analysis, exclusive insights, and up-to-date news, BlockNews.com keeps you informed on the latest trends in crypto, DeFi, NFTs, tech, and beyond.

Stay ahead of the herd with BlockNews.com

RESOURCES

  • About
  • Contact Us
  • Terms and Conditions
  • Privacy Policy

POPULAR TOPICS

$ADA $XRP AI Avalanche Binance Bitcoin Bitcoin ETF blackrock Blockchain BTC Business Cardano Chainlink China Coinbase Coinglass crypto cryptocurrency Crypto Exchange Crypto Regulation DeFi Dogecoin Donald Trump Elon Musk ETF eth ethereum Federal Reserve FTX grayscale Memecoin metaverse Microstrategy NFT NFTs PEPE ripple sec Shiba Inu Solana Stablecoin US Web3 X xrp

GET QUICKER UPDATES ON X

© 2022-2025 BlockNews.com - Crypto and NFT news website by Aiur Labs.

No Result
View All Result
  • HOME
  • CRYPTO
  • MEMECOINS
  • TECHNOLOGY
  • POLITICS
  • FINANCE
  • NFT
  • DEFI
  • GUIDES

© 2022-2025 BlockNews.com - Crypto and NFT news website by Aiur Labs.