Hedera to Conduct Mainnet Upgrade on September 11th
2024-09-05

Coindar
Hedera will be upgrading the mainnet to version 0.53 on September 11th at 17:00 UTC. 
 Refer to the official tweet by HBAR: 
Scheduled (Sep 11, 2024, 17:00 UTC): Hedera will be upgrading Hedera mainnet to v0.53 on Wednesday, September 11 2024 at 17:00 UTC. The upgrade will take approximately 40 minutes to complete, users should expect some disruption to netâ€¦ https://t.co/nfz5NPCR6I
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.