Musicoin is created for both musicians and listeners. Its musical economy empowers listeners to freely participate via various value-added services that it has built and is actively building on top of the platform. Moreover, the Musicoin Blockchain ensures each musician receives the most competitive industry compensation, instantly and automatically, for each stream of music.
On February 27, Musicoin has announced that it plans to upgrade with blockchain hard fork, aiming to support enhanced security and more efficient transactions. The hard fork will be triggered at block 2,222,222, which should be released approximately by the end of March.
Once enabled, the hard fork should both reduce risks of replay attacks and enable users to securely store their assets with the Ledger Nano S and Trezor hard wallets and MyEtherWallet.
Our blockchain team has developed a perfect plan for this hard fork to enhance the infrastructure of the whole MUSIC economy. Following our 1.0 and 2.0 releases, this upgrade would mark a new start to wider adoption of this currency and MUSIC economy.
Musicoin’s blockchain team reported that it has completed all of the necessary tests, and is ready to release the upgrade of the software toward this hardfork. As for the moment of press, 2053684 blocks of Musicoin have already been generated.