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Телеграм канал «Venom Foundation Official»
Venom Foundation Official
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Official Venom Foundation account. Delivering an asynchronous, ultra-fast, scalable blockchain with low transaction fees for CBDC and Web3 projects worldwide
Venom has successfully shifted to its new, state-of-the-art protocol. The new, faster and more secure protocol is already live.
⚡ This is not just a protocol upgrade, it is the start of a new era for Venom. The new mainnet brings:
-higher transaction speeds
-bolstered security
-enhanced comfort and tools for builders and developers
-baked-in ecosystem-wide acceleration vectors
-scalability tailored to Venom's expanded performance requirements
🔄 Transferring Tokens in SparX Post-Migration
If you missed the chance to migrate your tokens, we've got you covered. You can transfer your tokens inside your SparX wallet.
🔎 We will be publishing a comprehensive guide on how to do it, so keep your eyes peeled for further announcements.
📲 You can download a SparX wallet here: https://sparxwallet.com/download
The migration to Venom’s next-generation protocol has begun.
⏳ The migration will last 24 hours. Once it has been completed, we will publish a guide with instructions on how to access the assets on the new network.
🔒 Now that the migration is underway, the portal has been shut down. Recovery of old assets will be done through seed phrases which should be entered in your Sparx Wallet for new Venom assets.
🙏 Thank you for your patience! As always, if you have and questions are concerns, we will be glad to help.
Great news for the Venom ecosystem. After a vulnerability was discovered, the ChainConnect Bridge has been secured, vetted and stress tested, and restored to its full functionality ✅.
🔐 It is important to note that ChainConnect is a separate project that has built upon the Venom ecosystem. The Venom team assisted the ChainConnect team in the recovery and security processes, but the vulnerability was not tied to the Venom network as a whole, rather it was an isolated problem in the ChainConnect platform.
🔄 We remind you that the migration process is ongoing and if you still have tokens on the old chain, you should send them through the migration portal before you withdraw them.
🙏 Thank you for your patience during this process. If you have any questions regarding the bridge or the migration, our support team will be glad to help you.
⚠️ Refrain from Bridge Transactions During Final Testing ⚠️
Great news: the ChainConnect bridge has been thoroughly vetted and cleared to resume its full scope of operations.
✅ The vulnerability has been eliminated and all user funds are safe.
The relaunch of the bridge is imminent. We ask that users temporarily refrain from using the bridge platform while the final tests are being concluded.
📢 We will publish an announcement shortly, once the final tests are complete.