The Theta (THETA) blockchain introduced on December 3 that extra upgrades are coming to its blockchain platform. The community made the improve by enabling sensible contracts on its platform. Other than the sensible contract functionality, the blockchain community additionally added further options to satisfy the yearnings of its customers.
In line with the announcement, the improve will considerably decentralize the safety and governance of Theta, drive worth to the protocol, and enhance the use case of the Theta blockchain.
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Current Token Holders Not Anticipated To Take Any Motion
The improve went reside yesterday, as promised by Theta. Extra importantly, current token holders don’t want to maneuver their tokens or take any additional motion. The upgraded community of Theta additionally consists of an upgraded block explorer that may be built-in into sensible contract knowledge.
As Theta’s mainnet now goes reside for internet hosting sensible contract capabilities, the block top will probably be 8,411,427. Some tasks are nonetheless reaping the advantages of the preliminary coin providing increase, and Theta is one in all them. The undertaking accomplished its ICO on the finish of the January 2018 bubble and raised $20 million within the course of. Regardless that so many comparable tasks at the moment face regulatory points or folded, Theta has continued to develop.
Because the Theta protocol adjustments have gone reside, the community’s builders are monitoring the blockchain to ensure all upgrades are executed as anticipated.
The next adjustments have been made when the sensible contract went reside;
- Guardian Node staking threshold was minimized to 1000 THETA for each earlier staking and new staking.
- The launch additionally witnessed the setup of a brand new Theta documentation website.
- Sensible contracts have been activated on the platform at block 8,411,127.
- Theta explorer has been up to date with new options.
Different additional features will probably be built-in into the Theta community within the coming week. This consists of the discharge of Token Minster and the Theta Pockets Chrome extension.