Hedera to Conduct Testnet Upgrade on January 8th

Hedera is scheduled to upgrade its testnet to version v.0.57.5 on January 8th at 18:00 UTC. The upgrade is expected to last approximately 40 minutes, during which some disruptions may occur. Refer to the official tweet by HBAR: Scheduled (Jan 8, 2025, 18:00 UTC): Hedera will be upgrading the Hedera testnet to v0.57.5 on Wednesday, January 8 2025 at 18:00 UTC. The upgrade will take approximately 40 minutes to complete, users should expect some disruption to n… HBAR InfoHedera (HBAR) is a decentralized public network that allows individuals and businesses to create powerful decentralized applications (dApps). Its native cryptocurrency is HBAR, used to power decentralized applications, build peer-to-peer payment and micropayment business models, and protect the network from malicious actors.Hedera stands out from other blockchain technologies due to its use of hashgraph consensus, which promises the benefits of blockchain – decentralization, distribution, and security through hashing – with enhanced speed, efficiency, and scalability. This technology enables Hedera to process thousands of transactions per second in contrast to traditional blockchains, making it an appealing option for enterprise use cases.