IoTeX Mainnet Completes Zanzibar Hard Fork, Staking Rewards to be Distributed on-Chain
2026-10-19 15:06:13
According to CoinMeta, the IoTeX mainnet has completed a Zanzibar hard fork. According to the IIP-59 proposal, the staker rewards will be calculated and distributed directly on-chain by the protocol during each reward cycle, without the need for off-chain services or intermediaries. Anyone can directly verify each payment on-chain. The first on-chain distribution will take place tomorrow. Zanzibar strengthens the consensus mechanism through the verification of delegate key ownership, preparing for subsequent BLS signature aggregation.
Source:Internet
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