Confluence News

MultiversX Supernova Upgrade: 24-Minute Pause for 10x Speed Boost

News-screening summary only. This is not investment advice and does not confirm market response.

MultiversX scheduled the Supernova upgrade for September 10 to boost transaction speed tenfold, requiring node migration and causing a 24-minute pause in new transactions.

Status
Scheduled
Confirmation
Confirmed
Event type
OTHER_MATERIAL_EVENT
Market scope
ASSET
Direction
1
Impact / urgency
3 / 4
Impact category
MATERIAL
Risk stance
RISK ON
Promotion
PROMOTED · 71/100
Promotion reason
Official scheduled mainnet upgrade with significant performance improvements and clear operational deadlines for node operators.
Duration class
SHORT
Assets
EGLD
Sectors
Cryptocurrency, Layer-1 Blockchains
First detected
Impact started
Scheduled for
Occurred at
Not published

Sources

A major layer-1 chain will pause new transactions for 24 minutes to unlock a 10x speed boost

CryptoSlate · ESTABLISHED_MEDIA · Best available