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Crypto DeFi

IoTeX activates Zanzibar hard fork on mainnet at block 53,533,081

IoTeX activated its Zanzibar hard fork on mainnet at block height 53,533,081. Under IIP-59, voter rewards are now calculated and distributed on-chain each reward era, removing off-chain services and intermediaries, with the first on-chain payout due the following day. The upgrade also adds proof-of-possession checks on delegate keys to strengthen consensus and prepare for BLS signature aggregation; node operators must upgrade to iotex-core v2.5.1 without config changes or resyncing.

Original source

AI take

The operational detail worth noting is that voter rewards now settle on-chain per era, which removes a layer of off-chain coordination that previously sat between the protocol and its delegators. That shifts trust assumptions toward the protocol itself, but it also means reward distribution becomes a live on-chain process that must hold up under real conditions, starting with the first payout. The proof-of-possession checks are groundwork rather than a finished feature, so their value depends on whether BLS aggregation follows. Whether node operators complete the required upgrade without disruption is the immediate open question.

Generated by AI for reference only.

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