Release: Spica Patch 4 - v1.8.12

Release: Spica Patch 4 - v1.8.12

We're rolling out a new upgrade for mainnet validator nodes. With this patch release, the 'Protocol sustainability rewards' address, currently a standard single-key wallet, is being migrated to a newly created multisig for greater security and control distribution. Since the destination address is configurable, the migration requires a network upgrade.

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The multisig address is the following erd1qqqqqqqqqqqqqpgqfgn5rprsz2hz2rcdmgq7zcz7kzz0g8lnpfzqntl2g3, and will be labeled under the same tag on the explorer. The protocol sustainability address receives 10% of the network’s total generated rewards to fund the long-term development, maintenance, and advocacy of the MultiversX protocol.

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Multisigs wallets, short for multi-signature, extend the conditions for transfer approval and thus offer superior management of treasuries. 

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Activation Epoch

The activation epoch for the improvements is set to 1699, which should happen on Tuesday, March 25th ~16:30 UTC.

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Action Required

It is mandatory for all nodes to be updated to version v1.8.12.0-patch4 to ensure continued stability and performance of the network and to avoid the risk of having any validator nodes jailed.

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Governance

Given the nature of the release → Maintenance Upgrade, there is no need for a governance call. This release is a follow up to the Spica upgrade, which passed community voting with 98.65% YES in August this year.

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Important links

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Github Full binary release notes:

https://github.com/multiversx/mx-chain-go/releases/tag/v1.8.12

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Mainnet Config:

https://github.com/multiversx/mx-chain-mainnet-config/releases/tag/v1.8.12.0

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