The Chronos v0.7.0 upgrade, also known as Huygens, is planned for implementation on May 10. This was reported by the Chronos team via a Medium post on April 29. According to the team, the upgrade is an important milestone in the development of the Chronos beta mainnet.
Dry-Run Test By Validators
According to the update, the v0.7.0 “Huygens” is poised for launch after extensive testing by the development team, in conjunction with chain validators. The dry-runs by the validators will pave the way to the implementation of the new upgrade which the team says will pave the way for a remarkable growth of the Chronos network.
A May 6 release by the team via Twitter stated that the Huygens upgrade
“is currently scheduled at the block height of 2,693,800. The estimated time to mainnet upgrade is at 20:20:10 GMT on 9th May 2022.”
Network Pause Expected During Migration
It added that the network will be paused during the process until it is completed.
According to the team, the upgrade will enhance the chain’s EVM’s StateDB meant for node storage. The effect will be an increased block size that doubles the capacity of the storage and retrieval system. This will be implemented a few weeks after the upgrade, the team reports.
The estimated time and date can be viewed at the block explorer countdown page, the exact time and date may vary depending on the actual time take to process the blocks.https://t.co/MVYgrVeDIn
— Cronos (@cronos_chain) May 6, 2022
The upgrade will also revolve issues associated with certain transactions when the block is full. Presently, this issue causes on-chain confusion with regard to these transactions. This will make Cronoscan more efficient, enabling infrastructure partners, and developers to make clearer assessment of on-chain activities.
Introduction of Fee Market
The v0.7.0 upgrade will introduce what the team termed viable transaction fees (fee market) that will not affect user experience on the platform in the meantime. Like most chains, the demand on the network will play a role in the cost of transactions.
Cronos currently has 700,000+ users with more than 200 decentralized application (dApp) developers using the blockchain. Data available on the Cronos site shows that there have been 4 commits to its code in May. These comprise 237 code lines.