Neo will shut down the Neo Legacy mainnet on October 31
On April 29th, the official announcement from Neo stated that they will be shutting down the Neo Legacy network. This network has been serving the Neo ecosystem for over 8 years since its launch in 2016. With the launch of the next generation blockchain Neo N3 in 2021, Neo has decided to shut down the Neo Legacy network in 2025.
The Neo Legacy testnet will be shut down on June 1st, and the mainnet will be shut down on October 31st. Users are required to migrate their assets and smart contracts to Neo N3 before the shutdown, otherwise they will be permanently lost.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
LAUNCHCOINUSDT now launched for futures trading and trading bots
Bullish, Gibraltar Partner on Crypto Derivatives Settlement Framework
Bullish, the cryptocurrency exchange backed by Peter Thiel, has partnered with the Government of Gibraltar and the Gibraltar Financial Services Commission to co-develop a regulatory framework for the clearing and settling crypto derivatives.
Arizona Governor Vetoes Pro-Crypto Bills, Signs Strict Bitcoin ATM Regulation
Arizona Governor Katie Hobbs has made a decisive move on the state’s approach to digital assets, vetoing multiple cryptocurrency-friendly bills while signing a strict regulatory measure for Bitcoin ATM operations into law.
Australia’s Crypto Sector Welcomes Pro-Crypto Appointment in Government Reshuffle
Australia’s digital asset industry is showing renewed optimism following the appointment of Andrew Charlton as Assistant Minister for the Digital Economy, Artificial Intelligence, and other emerging technologies. The announcement was made by Prime Minister Anthony Albanese during a press conference in Canberra on May 12, marking a significant shift in the government’s approach to emerging tech sectors.
Trending news
MoreCrypto prices
More
