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In the last month of 2021, several events will take place at once, which can affect both the cost of individual cryptocurrencies and the market as a whole.
Syscoin mainnet update
The NEVM (Network-Enhanced Virtual Machine) update has been launched on block 1,317,500. This update will bring scalable smart contracts to the Syscoin Ethereum Virtual Machine ecosystem. The developers are increasing the scalability of the network and plan to launch the ZK-Rollups technology in 2022, which will raise the blockchain throughput to 210 thousand transactions per second.
Хардфорк Ethereum Arrow Glacier
The update date has been pushed back from December 8 to December 10. This is a periodic hard fork that deflects the difficulty bomb. It increases the cost of mining, which the blockchain will not be able to abandon until the summer of 2022. A hard fork does not require any action from users.
Snapshot of Aquarius Distribution Wallets
Stellar holders will be able to participate in the second AQUA token distribution. The wallet snapshot will take place on December 15th at 3:00 Moscow time. To participate, the balance must have at least 500 XLM and 1 AQUA. During the airdrop, 15% of the total AQUA supply or 15 billion tokens will be distributed.
Harmony Bridge with Ethereum
On December 20, it is planned to launch a full-fledged bridge to the Ethereum network to access assets in this blockchain. A bridge is a technology that connects two blockchain networks using the ability to verify cross-chain transactions. Harmony is also working on adding bridges with other blockchains.
THORChain mainnet launch
The developers of the THORChain protocol announced the imminent launch of the main network of their project. This project is being developed to create an efficient and decentralized liquidity network and was presented by an anonymous development team at the 2018 Binance hackathon. The project allows users to transfer assets between different blockchains. THORChain is open source, reviewed several times by reputable auditing firms, and has been listed on Binance’s Launchpad.
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