Several important events for cryptocurrencies will take place in November, including conferences, important technical updates of projects and “unlocks” of tokens
📌Binance Blockchain Week Conference in Istanbul
Binance Blockchain Week will be held in Istanbul from November 8 to 9, 2023. This year's event's main theme is how blockchain and cryptocurrencies can improve the lives of a billion people around the world.
Event participants will be able to attend seminars, training courses and listen to speakers, including Richard Teng (head of regional markets at Binance), Eowyn Chen (CEO of Trust Wallet), Alexander Dreyfus (founder and CEO of Chiliz), Justin Sun ( founder of the Tron ecosystem).
Also, the BNB Chain Hackathon will be held from November 10 to 12. During the event, $20,000 will be raffled off among viewers who will watch the event broadcast online. More information about Binance Blockchain Week can be found on the website.
📌Threshold Network (T) - Update
Representatives of the Threshold Network project announced the upcoming update. All node operators must update tBTC clients to the latest version v2.0.0-m6 by November 15, 2023.
The Threshold Network project appeared in January 2022 after the merger of the Keep Network and NuCypher protocols. The goal of the project is to maintain the confidentiality of users in a public blockchain; for this, a network of independent nodes is used, when the required number is reached, the necessary information will be decrypted.
The token with ticker T is the utility token of the Threshold Network and the governance token for the Threshold DAO. Since the protocol runs on a Proof-of-Stake (PoS) consensus algorithm, users can stake their tokens and receive rewards.
📌eCASH XEC (formerly Bitcoin Cash ABC) - Update
The eCASH project is scheduled to be updated on November 15th. All full node operators must update to the latest version 0.28.0 by November 15, 2023.
The update added rewards for staking Avalanche and increased the contribution to the project development fund from 8% to 32%, which is taken from the reward for each mined block.
The eCASH project is a rebranding of Bitcoin ABC, one of the forks of Bitcoin Cash. The project is distinguished from Bitcoin Cash by a new algorithm that regulates the difficulty of mining and the allocation of a certain percentage of the mined BCHA to the project development fund.
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