Meme Insider
The crypto world is buzzing with the latest announcement from Core DAO, highlighted in a recent tweet from BSCNews. They spotlighted the Hermes hardfork, a significant upgrade for the $CORE ecosystem. If you're holding $CORE or interested in blockchain tech, this is big news. Let's break it down in simple terms.
Understanding the Hermes Hardfork
Core DAO, the blockchain behind the $CORE token, is rolling out the Hermes hardfork to supercharge its network. A hardfork is essentially a major update to the blockchain's rules that requires all participants to upgrade their software. Named after the swift Greek messenger god, Hermes aims to make transactions faster and the network more robust.
This upgrade draws inspiration from the BNB Smart Chain and focuses on key areas like speed, security, and ease for developers and validators. For those new to the term, validators are the folks who help secure the network by staking tokens and processing transactions.
Key Features and Improvements
The Hermes hardfork packs several enhancements through Blockchain Enhancement Proposals (BEPs). Here's a rundown:
Faster Transaction Finality (BEP-126): Transactions now confirm in just two blocks, usually within six seconds. This reduces the chance of "chain reorganizations," where blocks get discarded due to network hiccups, making everything more reliable.
Validator Maintenance Mode (BEP-127): Validators can pause operations temporarily for updates without getting penalized. Think of it as a "do not disturb" sign to avoid losing staked tokens.
Candidate Validators (BEP-131): New validators get a trial period to learn the ropes before going live, helping decentralize the network further.
Consecutive Block Production (BEP-341): Allows the same validator to produce blocks back-to-back, speeding up the process and handling more transactions without delays.
Validator Agents (BEP-410): These are like assistants that handle tasks for main validators, improving uptime and flexibility.
Advanced Cryptography Tools (BEP-439): Adds support for BLS12-381, which is great for zero-knowledge proofs—tech that lets you prove something without revealing details, useful for privacy in DeFi.
Extended Historical Data Access (BEP-440): Smart contracts can now look back further in block history, aiding things like on-chain analytics.
Code Execution for Accounts (BEP-441): Regular accounts can run code automatically, blending user and contract features for smarter operations.
On top of that, staking gets a revamp. Validators can set their commission rates flexibly, and third-party platforms can earn fees on delegated assets. There are also bug fixes and performance tweaks, like ditching an old module in the software for better alternatives.
Timeline and Activation
The upgrade was initially set for September 2025 but got pushed to October for extra testing. It went live on the Core Testnet2 on October 15, 2025. The mainnet rollout is still pending, with the team monitoring testnet performance. Keep an eye on official channels like the Core DAO blog for updates.
Impact on the $CORE Community
For everyday users and $CORE holders, no action is needed right away—the network handles the upgrade seamlessly. But if you're a validator or run a full node, you'll want to update to version 1.0.21 from their GitHub. Missing this could knock you out of sync with the network.
Overall, Hermes is set to boost Core DAO's growth. With a massive 2,800% increase in activity year-over-year, over 350 developers on board, and more than 100 dApps, this upgrade aligns perfectly with their BTCfi focus—bridging Bitcoin and DeFi. It means faster, safer transactions, which could attract more users and pump up $CORE's value.
In the tweet thread, one user chimed in praising the upgrade for its speed and scalability boosts. Another shared an image, possibly promotional, but the core discussion revolves around this pivotal update.
Stay tuned to Meme Insider for more on how upgrades like this influence meme tokens and the broader crypto landscape. If you're into blockchain enhancements, this is one to watch!
