According to BlockBeats, Neutron, the cross-chain smart contract platform of Cosmos, has announced the successful passage of its Neutron v4 upgrade proposal. The upgrade is set to take place at block height 12255555. The platform made the announcement on a social media platform on July 10th.
Upon completion of the upgrade by validators, it is anticipated that the network will experience downtime. The upgrade was scheduled to take place at 22:30 Beijing time on July 10th. This development is part of the platform's ongoing efforts to improve its services and provide a more efficient and secure environment for its users.
The upgrade is a significant step for Neutron, as it continues to enhance its platform and solidify its position in the blockchain industry. However, users are advised to be aware of the potential network downtime following the upgrade. Further updates will be provided by the platform as the situation develops.