Filecoin Network v24 Tuk Tuk Upgrade: Here's What Changed
November 22, 2024
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1 min read
News
Filecoin’s Tuk Tuk upgrade boosts security, enables faster transactions, enhances smart contract functionality, and improves randomness access, making the network more secure, efficient, and user-friendly.
The Filecoin community has reached a new milestone with the release of Network v24, named "Tuk Tuk." This upgrade introduces significant improvements, enhancing security, performance, and usability across the network.
Here’s a look at what’s new, explained in simple terms so everyone—technical or not—can easily understand.
🚀 Key Enhancements in Tuk Tuk
1. FIP-0081: Strengthening Security
This upgrade strengthens the network’s security by requiring miners to stake a higher minimum amount through sector initial pledges. By increasing the commitment from miners, the network discourages malicious behavior and keeps everyone playing fair.
2. FIP-0094: Smarter Smart Contracts
The Filecoin Ethereum Virtual Machine (FEVM) now supports the MCOPY opcode, making it even more compatible with modern Solidity-based smart contracts. This enhancement unlocks more advanced decentralized applications (dApps) for the Filecoin ecosystem.
3. FIP-0095: Access to Reliable Randomness
Smart contracts can now directly access beacon digests from the chain’s history. This provides decentralized applications with a secure and verifiable source of randomness—perfect for applications like lotteries or randomized decision-making tools.
🗓️ Key Moments from the Upgrade
October 23, 2024: Calibration UpgradeThe network ran a test deployment to prepare for the full upgrade.
November 20, 2024: Mainnet UpgradeThe Tuk Tuk upgrade officially went live, introducing these enhancements to the entire Filecoin network.
January 2025: F3 Full Mainnet ActivationFollowing successful tests, F3 is expected to roll out network-wide, making transactions consistently fast for everyone.
Want to explore the technical details? Check out the official GitHub Release Discussion and follow us on X to get up to date on this and other releases.
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