DeFiChain Hardfork Successful! Everything you need to know

 🥳 Great news: As Block 356500 was mined, the DeFiChain Hardfork “Ang Mo Kio” just went through successfully!

All the following features were implemented smoothly without any problems or complications:

• Tokenization support
• - Availability of DeFi Standard Token (DST), DeFi Custom Token (DCT) and DeFi Asset Token (DAT). Refer to tokenization on whitepaper for more detials.
• - The ability to create, mint and distribute tokens has opened to all users.
• - RPC API: https://github.com/DeFiCh/ain/wiki/Tokenization-API-Documentation
• DFIP #1: Bitcoin anchor reward source and mechanics adjustments
• - Technical Details: DeFiCh/dfips#1
• DFIP #2: DeFi incentive funding
• - Technical Details: DeFiCh/dfips#2
• Message header update (#36)
• - Message header updated to better distinguish DeFi messages with Bitcoin messages.

Wondering about the naming?

All coming hardforks will be named from a to z after train stations in Singapore, and the community will be able to vote on which ones to choose! Next up is the letter “b” — and for those wondering, here is a list of all train stations (read: possible hardfork names) in Singapore.

What you need to do

If you are just a regular DFI hodler, there is nothing you need to do.

If you are running your own masternode, this is how you can run the update:

Download and untar the relevant version to your operating system, run bin/defid or bin/defid.exe to start a DeFi Blockchain daemon. The client (CLI) can be found at bin/defi-cli or bin/defi-cli.exe.

Reindex

You will have to reindex after the first upgrade to 1.2.0. To reindex, run defid -reindex.

App (GUI) users

If you are running the desktop app, you do not have to manually update the underlying node. Check https://github.com/DeFiCh/defi-app/releases for the latest releases.

Issues

Please report any issues to engineering@defichain.com, or reach out to is via Telegram or Reddit.

Become part of the DeFiChain Community!

DeFiChain is a community project at its core.

We value the opinion and thoughts of everyone in our community, and implement requested features as soon as possible. With that said:

Don’t forget to leave us feedback or generally discuss DeFiChain on Telegram: https://t.me/defiblockchain

And if you always want to stay up to date on the latest news and insights, follow us here on Medium and Twitter as well.

Your DeFiChain Team