DeFi· ★★· neutral·

Canopy launches Banyan v2.0 upgrade without network downtime

  • The Banyan (v2.0) upgrade was carried out via network consensus without halting the network
  • Canopy mainnet launched after testing the mechanism in the pre-launch period
  • Applications on Canopy inherit the ability to upgrade without user migration
  • Compatibility with standard Ethereum tools and higher performance were added
Why it matters: The migration-free upgrade mechanism lowers risks and barriers for developers of onchain applications.
Source: Cointribune EN