Posted 1 year ago | by Catoshi Nakamoto

The Wanchain R&D team has made some improvements to the Secure Multi-Party Computing (MPC) protocol enabling Wanchain’s industry-best cross-chain mechanism. As such, all Storeman node operators will need to upgrade their nodes to version 7.0.1.

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The upgrade will be available beginning Monday, May 31st at 08:00 UTC.

What regular users need to do

Nothing, really. Just plan ahead! Wanchain’s cross-chain transactions may be momentarily unavailable as Storeman node operators upgrade their nodes. This interruption should last less than an hour. Please keep an eye on Wanchain’s official Twitter account for up-to-date announcements.

What Storeman node operators need to do

Storeman node operators must upgrade their nodes to version 7.0.1 as soon as possible. Luckily, this is an easy process as the Wanchain team has prepared a simple update script. Storeman node operators can execute the following script after logging into their cloud service node with SSH:

cd ~/osm/
./startStoremanV5.sh

Because this upgrade modifies, amongst other things, the way Storeman nodes communicate, Storeman nodes that fail to upgrade in a timely manner will not be able to perform and verify cross-chain transactions.

Network upgrade highlights

This network upgrade further improves Wanchain’s decentralization, security, and stability.

  • Storeman nodes now only need to connect with BootNode when starting up for the first time;
  • Storeman nodes will now automatically discover their nearest neighbor node.
  • Storeman nodes now only receive information from their neighboring nodes. This greatly increases the difficulty and cost for would-be malicious nodes to mount an attack.
  • The Storeman node messaging mechanism is changed from p2p to broadcast. This reduces the probability of a message failing to reach its intended target.

If you have any questions, please reach out to the team in Wanchain’s official tech support group on Telegram. Thank you for your continued support!

0*h13zoMn8b9 XGds9 Action required! Incoming Wanchain network upgrade!

0*h13zoMn8b9 XGds9 Action required! Incoming Wanchain network upgrade!

About Wanchain

True DeFi is interoperable — Wanchain is the world’s premier decentralized blockchain interoperability solution. Our mission is to drive blockchain adoption through interoperability by building fully decentralized bridges that connect the world’s many siloed blockchain networks. This cross-chain infrastructure empowers developers to build truly decentralized cross-chain applications to power the future of DeFi.

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Original article published on Wanchain’s Medium.

About Catoshi Nakamoto

c6ea0c3794492f30883e516d39b2597a?s=90&d=blank&r=g Action required! Incoming Wanchain network upgrade!Activist/Journalist, former writer - We Are Change, The Mind Unleashed, Coinivore, others. Currently writing for - Activist Post and Bitboy Crypto. Not Right or Left Apolitical. I Care About Truths (CATS.) Cryptocurrency enthusiast, I mined and lost 100+ BTC in 2010-2011. I work with - Bitboy, SoMee, CEEK, Presearch, and W3BT aka FMW Media Group. Friend of mostly everyone who isn't a dick. Just A Cool Cat.