Hedera to Conduct Testnet Upgrade on September 4th
2024-09-02

Coindar
Hedera will be conducting an upgrade to the Hedera testnet to v.0.53 on September 4th at 17:00 UTC.
 Refer to the official tweet by HBAR: 
Scheduled (Sep 4, 2024, 17:00 UTC): Hedera will be upgrading the Hedera testnet to v0.53 on Wednesday, September 04 2024 at 17:00 UTC. The upgrade will take approximately 40 minutes to complete, users should expect some disruption to â€¦ https://t.co/HtCJVr1krC
HBAR Info
Hedera (HBAR) is a decentralized public network that allows individuals and businesses to create powerful decentralized applications (dApps). Its native cryptocurrency is HBAR, used to power decentralized applications, build peer-to-peer payment and micropayment business models, and protect the network from malicious actors.
Hedera stands out from other blockchain technologies due to its use of hashgraph consensus, which promises the benefits of blockchain – decentralization, distribution, and security through hashing – with enhanced speed, efficiency, and scalability. This technology enables Hedera to process thousands of transactions per second in contrast to traditional blockchains, making it an appealing option for enterprise use cases.