Greetings, dear Transend community!
We are happy to present you the updated version of the wallet – major 1.1.9.1 ver.
https://github.com/TScoin/Transend/releasesThis update was harder to make than we had anticipated. However, it is finally done. We thank all of you, who supported our cause by mining and by any other means.
This release changes all aspects of the coin, from design to the PoW algo (xevan was applied to the successful operation of supernodes).
In order to avoid blockchain failures due to the massive nature of the update, we decided to activate the newly added functions in the following order:
1. PoS activation. As soon as we see it is alright for the blockchain, we'll move on.
2. Zerocoin Protocol activation accompanied with observation of the correctness of its work.
3. SegWit activation.
4. Supernodes Activation
We have sent the wallet update to the exchange and are expecting an answer within 3 work days.
IMPORTANT!
In order to ensure the proper supernode rewards, the block size was increased to 40 coins.
I. In the beginning, before PoS:
29 TSC – PoW reward
7 TSC - Masternodes reward
2 TSC – DevFund
2 TSC – DevFee
II. After PoS implementation:
27 TSC – PoW reward
7 TSC - Masternodes reward
2 TSC – PoS reward
2 TSC – DevFund
2 TSC – DevFee
III. In the end, then all the services will be activated (after 4 steps), the following block rewards will be:
19 TSC – PoW reward
8 TSC – Supernodes stable reward
7 TSC - Masternodes+supernodes reward
2 TSC – PoS reward
2 TSC – DevFund
2 TSC – DevFee
