Facet is upgrading to v2 and plans to migrate all v1 contracts and reprocess their transactions

Facet, a decentralized computing platform on the Ethereum chain, announced on X that it is upgrading to v2. The team decided to migrate all Facet v1 "states" to v2, not just snapshot v1 and build a "genesis block", but to adopt a stricter (atomic) approach at the transaction level: convert all v1 contracts to v2, and reprocess all transactions that have occurred on Facet since the first block of v1 (more than 500,000 transactions, spanning about 1.5 million blocks). This ensures a robust, atomic migration of transactions. This approach provides a safer migration and maintains the integrity of Facet. Currently, the team is actively testing this migration process by replaying all Facet transactions through a new Facet v2 node. Facet is committed to providing a v2 version as a permissionless solution to Ethereum's scaling challenges. In addition, the white paper will be released soon.