Navigating the 2021 Sia hardfork
The Sia network has implemented a hardfork to implement the Sia Foundation: a new non-profit entity that builds and supports distributed cloud storage infrastructure, with a specific focus on the Sia storage platform.
This guide is strictly practical. If you'd like to learn more about the Foundation's proposal and the discussion that led to its acceptance, check these links.
Sia v1.5.4 has been released. The fork will be implemented at a block height of 298,000, which occurred on February 3rd at around 4 pm ET, 1 pm PT.
Doing so ensures that renters will continue to upload data to hosts also on the new fork. Hosts who fail to upgrade in time will no longer form contracts with renters who upgrade. Long story short, you need to be on the same version as everyone else or you aren't part of the same network.
Nothing will change. You can check in with your mining pool to make sure they've updated, but we've received confirmation from the following major pools that they will update: Luxor, SiaMining, f2pool, Dxpool.
Exchanges should upgrade to v1.5.4 by February 1st at the latest. Due to the volume of users you serve, you should leave time for a proper upgrade. Once you do, your exchange will be able to support the fork once it takes effect.
curl -A "Sia-Agent" -u "":<apipassword> "localhost:9980/daemon/update"
First, one important thing. You'll have the exact same amount of Siacoins after the fork.
Siacoin holders should upgrade to v1.5.4 by February 3rd. There are two versions of Sia: Sia-UI for most users, and siac for advanced users. When the hardfork hits at block 298,000, your updated 1.5.4 version of Sia will instantly give you access to the new chain, and all of your Siacoins will be available to you.
You don't have to do anything. When an exchange updates their wallet, you'll now have the same amount of coins on the new Sia chain. These coins are usable to trade with exchanges once they have upgraded and to buy storage from hosts who also use the new chain.
Here's a list of all the exchanges that have had Siacoin volume over the past couple of months, according to CoinMarketCap. Please keep in mind that while we've confirmed with these exchanges that they are supporting the 1.5.4 Sia fork, final implementation is up to their teams. You should reach out to your exchanges to confirm.
The second column will have three values:
- Informed, meaning we have passed the fork information along to the exchange
- Confirmed, meaning the exchange has agreed to update
- Complete, meaning the exchange has already updated
You'll need to update your app, but you should do it after the hardfork activates. Updating before the fork will your signatures won't be valid. Use Ledger Live in Developer mode to find and update the Siacoin app.