Support for IRISnet (IRIS) Network Upgrade from Binance
Although deposit and withdrawal transactions on the IRISnet network will not be possible during the network upgrade, trading of tokens on the network will continue without interruption. Binance will meet all technical requirements for all users. Deposit and withdrawal transactions on the network will be restarted after the upgraded network is confirmed to be stable and accepted.
What is a Network Upgrade for an Altcoin?
Altcoin network upgrades require broad consensus among participants such as project developers, community members, and miners. These types of upgrades generally need to be accepted and implemented by the majority of the network to be successfully applied.