Akash governance approved migration to Solana within 24 months
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Akash Network announced that it has received community approval and will migrate its blockchain infrastructure to Solana within 24 months.
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Akash will migrate its blockchain infrastructure to Solana within 24 months
PANews November 3 news, according to Tech in Asia, decentralized computing marketplace Akash Network announced that after receiving community approval, it will migrate its blockchain infrastructure to Solana within 24 months. About 97% of voting token holders support the plan, and Akash Marketplace, AkashML and Akash Homenode will launch natively on Solana. Akash said the reason for the migration is Solana's low transaction costs, strong liquidity, and access to a large on-chain user base. This migration will replace Akash's Cosmos-based chain, and the scope is not limited to tokens but also includes the underlying blockchain infrastructure. Existing AKT holders can exchange their tokens for SPL AKT at a 1:1 ratio through a dedicated portal. The plan has passed on-chain governance. The report said this move is related to S...
PANews stated that the news came from a Tech in Asia report.
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Akash Network announced that, following community approval, it will migrate its blockchain infrastructure to Solana within 24 months.
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About ["97%"] of voting token holders support the plan.
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Akash Marketplace, AkashML, and Akash Homenode will be natively launched on Solana.
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Akash stated that the reasons for the migration include Solana's low transaction costs, strong liquidity, and access to a large on-chain user base.
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The migration will replace Akash's Cosmos-based chain, encompassing the token and the underlying blockchain infrastructure.
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Existing AKT holders can exchange for SPL AKT at a 1:1 ratio through a dedicated portal.
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The report stated that the plan has passed on-chain governance.
AI-assisted interpretation
The following is analysis, separate from reported facts. Verify important claims independently.
This is not merely a reformatting of the AKT token, but a plan to migrate Akash's underlying chain and related applications to Solana. Existing AKT holders can reportedly perform a 1: 1 exchange through a dedicated portal.
Why it matters to readers
If the plan is implemented, Akash's underlying chain, application deployment, and AKT form will all change, and existing holders need to pay attention to the migration progress and exchange arrangements.
Newcomers holding AKT should pay attention to the official redemption entry, operating rules, and security instructions, and should not act based solely on unofficial links.
Risks and unknowns
The original text is a media retelling, and no official Akash announcement or the original on-chain governance record was provided.
The migration has not yet been shown in the evidence to be completed, and the actual execution result is unknown.
The address, launch time, eligibility rules, and security measures of the dedicated exchange portal are not specified.
The main text is truncated at the end, and the subsequent content cannot be confirmed.
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Blockchain infrastructure
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