world’s leading cryptocurrency one of the stock markets Binancealtcoin of Flow (FLOW) announced that it supports network upgrade.
Cryptocurrency Exchange Binance Announces It Will Support FLOW Upgrade
The Flow network is a blockchain platform designed to support decentralized applications (dApps) and immutable tokens (NFTs).
The upgrade is expected to bring significant improvements to the scalability and security of the network, making it more attractive to developers and users alike.
Binance made the following statements in its announcement:
Flow (FLOW) network upgrade will take place on 2023-03-22 15:00. Deposits and withdrawals to FLOW will be suspended from approximately 2023-03-22 14:00.
Flow (FLOW) network upgrade will take place on 2023-03-22 15:00. The estimated time is for users’ reference only. FLOW trading will not be affected during the network upgrade.
Binance will meet all relevant technical requirements for all users holding FLOW in their Binance account.
Once we determine that the upgraded network is stable, we will reopen deposits and withdrawals for FLOW and will not make any further announcements to users.
Overall, Binance’s support for the Flow network upgrade is a positive development for the blockchain industry as a whole, as it shows that the potential of decentralized applications and NFTs is increasingly recognized.
With the blockchain ecosystem continuing to expand and the growing popularity of cryptocurrencies, we are likely to see more innovation and progress in the near future.
At the time of this writing, altcoin FLOW was trading at $1.03.
It is not investment advice.
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