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Iron Fish postpones main network launch due to bug, offers extended KYC deadline

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Iron Fish postpones main network launch due to bug, offers extended KYC deadline

According to the official blog on March 14, the privacy network Iron Fish was originally scheduled to launch on the main network on March 14, but now announced that it was postponed to launch on April 20, because a bug needs to be fixed was found, and users will have more time to complete KYC. From today, the redemption portal will be open to all participants. The new KYC deadline is April 14. All eligible users of the test network will be airdropped on April 21.

The launch of the private network Iron Fish main network was postponed to April 20

Analysis based on this information:


Iron Fish, a privacy network designed to enhance security and anonymity for users, was expected to launch on the main network on March 14th but has now postponed this launch due to a bug that needs to be fixed. The official blog for Iron Fish made the announcement on March 14th, explaining that the extra time will allow for greater development work on the network, addressing the bug and allowing users more time for KYC verification.

The KYC or “know your customer” verification process is a standard industry practice that assists with verifying the identity of users of a given service. This is an essential component of ensuring data privacy and enabling secure transactions. Initially, users of Iron Fish would have had to complete this verification process before the launch and a previously mandated deadline for KYC submission. With the postponement, Iron Fish has extended the KYC deadline, allowing more time for users to complete the necessary requirements. This will be appealing to users who had yet to complete the verification process or had just started.

Iron Fish has also moved to further engage with users by opening the redemption portal to all participants from the announcement date. This ensures that all eligible users of the Iron Fish test network will be airdropped on April 21. This move is a strategic and innovative business decision to keep users interested and motivated despite the network issues. By offering users an opportunity to gain even more from the initial stages of operation, Iron Fish hopes to attract more users and loyal supporters.

The announcement seems to indicate that there should be no further delays, and Iron Fish’s launch should now happen on April 20th, giving time for the development team to address the bug and complete the necessary testing. Iron Fish’s leadership team identifies that security and privacy are key network features, and while the excitement of the launch will have to wait a little longer, the network will be technically sound and user friendly.

In conclusion, Iron Fish’s postponement is sensible and practical; it ensures better user experience with regards to KYC and strengthens the network’s security features. Iron Fish’s bonus offering to users is a critical business component and will ensure that significant support structures are in place well beyond the network launch date. The move demonstrates the team’s commitment to building a robust, sustainable platform for users seeking a high level of privacy and security.

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