Update Statement from Altcoin, One of the Stars of Altcoin Season: They Made a Date!

Cryptocurrency that came to the fore during the bull season in the market from altcoins one who Filecoin (FIL) The update statement came from the team.

Filecoin (FIL) Altcoin Developers Announce New Update

The upcoming “Shark” update to Filecoin’s network version 17 will bring a number of improvements and simplifications that set the stage for programmable storage.

Chart showing FIL price rising above $200 during the 2021 bull season.

This is expected to be the last upgrade before the February release of FEVM (EVM runtime on FVM), currently scheduled for network version 18.

Altcoin developers had this to say about the date of the upcoming update:

“We have been designing and developing these programmability improvements since March 2022 and we are excited to be taking this step. The upgrade for network version 17 is scheduled for November 30, 2022 (around 17:00 on epoch 2383680) and is already deployed on the calibration network.”

The developers had this to say about my update:

“FIP-0029 provides a storage provider rightsholder address to be different from the owner. This right holder has the right to withdraw funds from the on-chain miner up to a certain amount and time limit.

FIP-0044 specifies a standardized authentication method for participants. This expands the set of entities that can authenticate certain bits of data, from those that hold cryptographic keys (those that confirm by signing) to any participant or smart contract on any chain. One of the first benefits of this is that participants and smart contracts will be able to make storage agreements.

FIP-0045 is the biggest change and separates the Filecoin Plus verified registrar from the embedded storage market.”

*Not investment advice.

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