SONO reveals the preparation for a Hard Fork

Current state of SONO is swamped with bugs and issues so a Hard Fork is scheduled on June 20
15 June 2018   658

SONO has a lot of problems so a Hard Fork is scheduled on June 20. Simultaneously, a Coin Swap is planned for June 18. A migration from he current blockchain to a new one will performed. The rate of the swap is set at 1:1 and will last for 30 days. The new token is going to be SONO 2.0.

The Hard Fork will result in a reduction of PoW and PoS reward to 0.01 SONO/%. The new SONO 2.0 will be running with its own mining algorithm SonoA. A new set of specification is also on the agenda, i.e.:

  • block time reduction down to 30 seconds per block;
  • PoW reward is changed to 1 coin per block to address hyperinflation

SONO is a cryptocurrency project that is focused on building a complete ecosystem to allow users to obtain and spend their coins on official services. At the moment of publication, SONO market parameters are as follows:

Average price 0.321124 USD
Volume (24H) 6,489 USD

Ledger Team to Find Issue in New Nano S Software

Last update's security improvements have affected the amount of device memory
15 February 2019   114

Ledger hardware wallet developers stated that an unforeseen problem was found in software version 1.5.5 for the Nano S model. Improvements in the security context have affected the amount of device memory.

When planning for this update we didn’t anticipate the impact it would have on Ledger Nano S capacity. This was not planned obsolescence, simply put, we messed up. We apologize and we’re committed to making it right.

Ledger Team

The project team apologized for the incident and promised to fix the problem during the second quarter of 2019.

The project also announced the addition of Nano S support in the Ledger Live mobile app on Android.

Earlier, researchers at discovered a number of vulnerabilities in the Trezor and Ledger hardware cryptocurrency wallets. As a result, they were able to conduct a series of successful attacks on wallets during the Chaos Communication Congress in Leipzig.