Kava to Release KAVA13 Upgrade: All You Need to Know
On April 12th, Kava announced on Twitter that it would release KAVA13 at 1am Beijing time on May 11th. According to previous news, the Kava13 upgrade includes:
On April 12th, Kava announced on Twitter that it would release KAVA13 at 1am Beijing time on May 11th. According to previous news, the Kava13 upgrade includes: 1. KavaEVM2.0, which will improve performance through full node software optimization and hosting service provider expansion, eliminate downtime and accelerate the processing of large amounts of data requests from protocols and wallets to support the launch of new protocols, Cosmos Ethereum bridging, and increase the practicality of Cosmos SDK and EVM on chain wallets, dApps, and assets; 3. Vault control, with the expansion of StrategicVault functionality, KavaDAO will be able to manage its treasury and deploy resources to any protocol on Kava.
KAVA13 will be released on May 11th, and this upgrade will cover KavaEVM2.0 and more
If you’re following cryptocurrency news, you might have heard about Kava’s announcement regarding the release of KAVA13 at 1 am Beijing time on May 11th. This upgrade is expected to come with a host of new features, including KavaEVM2.0, vault control, and more. Here’s everything you need to know about the upcoming KAVA13 upgrade from Kava.
What is KavaEVM2.0?
One of the main components of the KAVA13 upgrade is KavaEVM2.0. This feature will enhance performance by optimizing full node software and expanding hosting service providers. The upgrade is expected to eliminate downtime and increase the speed of processing large volumes of data requests from protocols and wallets. This new feature will support the launch of new protocols, such as Cosmos Ethereum bridging, and increase the practicality of Cosmos SDK and EVM on chain wallets, dApps, and assets.
What is Vault Control?
Another exciting feature of the KAVA13 upgrade is Vault Control. This feature will expand StrategicVault functionality, allowing the KavaDAO to manage its treasury and allocate resources to any protocol on the Kava network. With Vault Control, the Kava network will be able to make more efficient use of its resources, which will enable it to grow and evolve more quickly.
What Other Features are Expected in KAVA13 Upgrade?
In addition to KavaEVM2.0 and Vault Control, the KAVA13 upgrade is expected to bring many other exciting features to the Kava network. Some of these features include:
– Enhanced security features: The new upgrade will enhance security on the Kava network by implementing several new security protocols.
– Improved usability and functionality: The KAVA13 upgrade will make Kava easier to use and more functional.
– Increased interoperability: The network will be able to communicate with other networks through new interoperability features.
Conclusion
The KAVA13 upgrade is a significant update to the Kava network, with many promising new features that will undoubtedly propel the network’s growth and success. KavaEVM2.0 and Vault Control are two of the most awaited features in the upgrade, which are expected to make Kava safer, faster, and more efficient than ever before. If you’re a fan of the Kava network, you surely won’t want to miss the KAVA13 upgrade roll-out!
FAQs
Q: What is the Kava network?
A: The Kava network is a decentralized blockchain-based platform that allows users to lend, borrow, and earn interest on cryptocurrency assets.
Q: When is the KAVA13 upgrade expected to roll out?
A: The KAVA13 upgrade is expected to roll out on May 11th at 1 am Beijing time.
Q: How will KavaEVM2.0 and Vault Control impact the Kava network?
A: KavaEVM2.0 will enhance the network’s speed and functionality, while Vault Control will allow the network to manage its treasury and allocate resources more efficiently.
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