TLDR
Buckazoids' latest codebase update (v2.0) on July 10, 2025, introduces Proof-of-Stake consensus, cross-chain bridges, and governance tools, requiring node upgrades by August 1.
- Major protocol shift – Transition from Proof-of-Work to energy-efficient Proof-of-Stake.
- Interoperability focus – Bridges to Ethereum and Solana enable cross-chain asset transfers.
- Mandatory upgrade – Nodes must update by August 1 to avoid network incompatibility.
Deep Dive
1. Release type & scope
The v2.0 hard fork marks Buckazoids’ largest update since 2024, affecting three core areas:
- Consensus layer: Replaces mining with staking (8% APR incentive)
- Interoperability: EVM/SVM-compatible bridges for ERC-20/SPL token swaps
- Governance: On-chain proposal system with BUCK token voting
Classified as a breaking change, it requires full node upgrades. The team released detailed migration guides and a testnet sandbox for developers.
2. Key modifications
- Economic model overhaul: 94% reduction in block rewards, shifting issuance to transaction fees and bridge taxes
- Security upgrades: Audited fraud-proof system for bridges (SecureChain Labs)
- Wallet integrations: One-click staking interface added to official wallet
- Backward compatibility: Old nodes can’t process post-fork blocks, but pre-fork history remains accessible
3. Impact on users & devs
- Stakers: Minimum 50,000 BUCK delegation (≈$39.65 at current $0.000793 price)
- Developers: New SDKs for cross-chain dApps, though Ethereum bridge fees are 0.3% per transfer
- Exchanges: Must implement update before August 1 to avoid deposit/withdrawal halts
- Risks: 14-day challenge period for bridge transactions increases capital lockup time
Conclusion
The v2.0 update prioritizes sustainability and interoperability but introduces staking thresholds and bridge fees that could affect small holders. With nodes facing a 21-day upgrade window and the token down 69% YTD, watch for August 1 compliance rates and bridge adoption metrics.
How will Buckazoids’ reduced block rewards impact miner-to-staker migration incentives given its 94% price decline since 2024?
Analysis based on accessible data as of July 11, 2025. New updates may exist.