The migration process to ICON 2.0 is apparently going smoother than expected.
The ICON Foundation has announced that it completed Stage 2 of the network migration and can proceed to the third and final stage “ahead of schedule.”
The Foundation credited “all the P-Reps who have successfully set up their ICON 2.0 nodes” for the quick progress.
So, here’s what the final stretch will look like.
- Stage 3 will begin at 10 p.m. KST on Nov. 3 (i.e. tomorrow).
- When this happens, all public endpoints will be disabled. The Foundation also recommends that exchanges pause deposits and withdrawal operations “as it will not be possible to execute any transactions for a couple of hours.”
- At 11 p.m., the ICON Foundation will submit a network proposal. If P-reps approve the proposal, the ICON 2.0 consensus will begin.
- Between 1~2 a.m. on Nov. 4, public endpoints will be reopened, and most exchanges will be able to resume deposits and withdrawals. The ICON Foundation will let us know when this happens.
- Finally, at 5 a.m., citizen nodes will be able to download the latest ICON 2.0 database and run their ICON 2.0 nodes. All exchanges should be able to resume normal operations at this point, and the ICON 2.0 mainnet migration will be complete.
“Stage2 of the network migration went very well and all participating P-Reps were able to setup their ICON2 node smoother than expected. Stage3 is the critical part but is much faster to execute. Looking back at the overall migration process so far, I feel confident on a successful outcome for Stage3.“
See a more detailed migration timeline here.
