PLUG Chain Main Net Upgraded Successfully!

PlugChain
2 min readMar 14, 2022

Dear PLUG Chain fans,

Previously we have announced the upgrade of our PLUG Chain Network in an article that we have released previous → HERE

We are proud to announce that the upgrade is carried out successfully. The upgrade is carried out due to block height reaching 300,000.

The upgrade contents are as follows:

1. Upgrade the main network and change the chain-ID to plugchain_520–1

2. Change the Token name PLUG on the chain to :(the relevant coin data on the chain is the data with precision 0, and the coin name with precision 6 is used for wallet, browser and external APP application display)

- Precision 0: UPLUGCN

- Precision 6: PLUGCN

3. Modify the community proposal module (GOV) and ‘voting period’ from 21 days to 14 days

4. Adjust the maximum number of verifiers to 50

5. Access smart contract module, contract definition “PRC20”

6. Enable the main chain Token destruction function

7. Overall adjustment of ‘X/Liquidity’, ‘X/Token’ and other module fee parameters

8. The wallet supports two key signature algorithms Secp256k1 ‘and ETH_Secp256k1

Matters needing attention:

1. Transaction records will not be kept. Historical data will be uploaded to the warehouse for download and use

2. Retain the current block height, but do not retain the historical block height

3. Keep proposal information

4. Keep the Liquidity project data and Token data

To learn more about Plug Chain, please join Plug Chain social Networks:

Website: https://www.plugchain.network/
Youtube:
https://www.youtube.com/c/OfficialPLUGChain
Telegram:
https://t.me/plugchain
Twitter:
https://twitter.com/Plugchainclub?s=09
Medium:
https://officialplugchain.medium.com/
Reddit:
https://www.reddit.com/r/PlugChain/

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PlugChain

PlugChain takes the aggregated cross-chain oracle protocol as the core, integrates the advantages of high performance, high expansion, low gas!