Elastos(ELA) BPoS Consensus Upgrade

The Elastos blockchain platform will shift from its current DPoS consensus mechanism to the new BPoS model. The BPoS consensus upgrade commences on March 30th and concludes upon reaching block height 1405000 (around April 15th), thereby initiating the transition phase.

During the transition phase, DPoS remains fully operational, and BPoS is implemented, while equity tokens for both DPoS and BPoS coexist, enabling normal operation of DPoS and facilitating nodes registration and staking/voting on BPoS nodes.

BPoS fully activates once at least 36 nodes attain 80,000 voting rights, after which the system will no longer revert to DPoS. Upon consensus shift to BPoS, only equity tokens for BPoS are required to participate in the consensus process.