Blockchain network NEM implemented the hard fork ‘Harlock’ today, i.e., December 1 when the NEM mainnet block height reached 3,481,580.
Harlock fork has officially passed!
Chain has progressed more than 6 hours past fork block (nis.blockChainRewriteLimit)!
Congratulations! 🥳🍻 pic.twitter.com/wtjNBQusnx
— Jaguar0625 (@Jaguar0625) November 30, 2021
NEM announced the upgrades of both its main network NEM and spin-off network ‘Symbol’ (XYM) on November 5. The hard forks were scheduled to launch after the NEM community voted in favor of the upgrades. The upgrade for Symbol blockchain ‘Cyprus’ has also been implemented.
It was recently announced that after the implementation of the upgrades, NEM will become a subchain of Symbol, and the funds, previously managed by the NEM trust, will be handed over to asset management firm Valkyrie.
Valkyrie recently became the second company in the United States to launch its Bitcoin ETF. It has also been working with other protocols such as Dash, Ziliqia, and Polkadot to offer crypto exposure to institutional investors.
