Phantasma Phoenix@PhantasmaChain
Dear Souldiers,
As you may or may not be aware, we encountered a runtime issue with the legacy Phantasma codebase currently in production.
After three days of extensive analysis, our technical team concluded that instead of backporting a hotfix, the best path forward is to expedite the roll-out of the Phoenix update.
Turning Lemons into Lemonade 🍋
We had originally planned a slower rollout with a liveOps chain crossover. However, this unplanned outage presents an opportunity to pivot to a hard crossover, greatly speeding up the transition process.
🔹 Chain Upgrade Background
The Gen 4 chain code began in 2023, moved to full production in February 2024, and launched its first private testnet in September 2024—which has maintained uninterrupted uptime ever since.
Our new production-ready testnet (with the latest features and optimizations) has been launched and will be made public this week.
🚀 Testnet Features:
✅ Lightning-fast transactions
✅ Ultra-secure block production
✅ Explorer functionality
✅ Wallet integration with Poltergeist, Ecto, and Pavillion Hub
🔹 What’s Next?
February Rollout to Production: Ensuring crucial interactivity between user wallets and exchange deposits/withdrawals resumes as soon as historical blocks are parsed and verified.
Bug Fixes & Adjustments: We’ll be monitoring closely and ironing out any kinks encountered from the first deployment.
🔹 Upcoming Advanced Features
Once essential functionalities are live, we’ll systematically roll out:
🔹 3rd Party Contract Deployment
🔹 Smart NFT Minting
🔹 Soul Master Rewards
🔹 DAO Voting & More
We look forward to updating you all as this game-changing upgrade is released, bringing Phantasma into the 4th generation and reaffirming its place at the forefront of blockchain technology.
We will remain highly communicative throughout this process.
💙 Regards,
The Phantasma Team
