To update from V1 without having to rebuild everything you will need to remove the blocks that have changed.

Simply placing the new cornerstone does not seem to work because it does not change stuff such as the text in an arc sign or what a chest is called also Creativerse will not show that there is any mistake(red blocks) since the object is in the correct position. Follow these steps to best apply the changes.

The best way I found to update such stuff is by removing and replacing the blocks.

1. Remove the following arc signs:
   • Arc sign with Saplings, mushrooms and Tall grass
     
   • Arc sign with woods, and logs
     
   • Arc sign with all the player materials(Recipes, Armor…)
     
   • Arc sign that is at the processors
2. Remove the following chests so the renaming can be applied:
   • “Sulfur & Tourmaline” Chest
     
   • The 3 Sapling Chests
     
   • “Doors & Ladders” Chest
     
   • “Shredded Leaves” chest
     
   • “Driftwood” Chest
     
   • “Weepwood Log” Chest
3. Place the “Arc Storage V2” cornerstone (make sure everything lines up, nothing should change)
   
4. Place all missing stuff (arc signs, chests, and flooring you might have removed)
   
5. All done, enjoy!