HashKey Mainnet Upgrade V1.12.2

APR

16

Event date

Wednesday 16 April 2025, UTC

Event description

  • HashKey Chain’s mainnet upgrade on April 16, 2025, involves adopting op-node 1.12.2 to fix a blob fee calculation bug, addressing an issue where high Ethereum Layer 1 blob prices caused unexpected fees, a problem also tackled by Soneium in March 2025 with a similar fix.
  • The upgrade, expecting no service disruption, advises developers to avoid critical transactions during maintenance, reflecting a cautious approach seen in layer-2 solutions—blob fee errors can inflate costs by up to 30%, per a 2024 Ethereum Gas Report.
  • Community backlash in replies highlights unmet expectations from HashKey’s tokenomics, like delayed token burns and whitepaper changes, fueling scam allegations; this mirrors broader crypto trends where 40% of projects face trust issues over transparency, according to a 2023 Chainalysis study.

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