Cheetahcoin v2.3 Hard Fork Proposal, Electrum/DEX/CPU_MiningHong Lu, Developer of Cheetahcoin
7/23/2022
Cheetahcoin is pro-ASIC coin like bitcoin/litecoin/dogecoin. The difference is that we are
more in favor of solo mining and also geared toward small home USB ASIC miners or home
CPU miners on android phone/Pi historically. We think this v2.3.0 hard fork in the plan should
lead to better results within our coin philosophy to improve decentralization and our ecosystem.
Here we announce that the new coming cheetahcoin core software release will be on v2.3.0
version with full version tag in wallet “"v2.3.0.0-randomSpike-v1.12.x". This new release will
be expected to have hard fork and also soft forks with extra BIPs. The main purpose of this
new release is to support ongoing dev work for atomic swap based native DEX trading
(AtomicDEX/ShibaDEX) as well as improvement on security against timestamp/DUST
attacks.
New feature summary:
(1) Hard fork at block height TBD, cheetah diff drop by 40x to 1.
(2) Enable CSV 3 soft forks: BIP68, BIP112, BIP113 for one year between August 2022 to August 2023.
(4) Reduce future timestamping rule from 4 minutes to 30 seconds.
Content of Full Upgrade Proposal Report* Introduction on Cheetahcoin Difficulty Adjustment
* State of Mining on Cheetahcoin across Mult-rigs
- Stable Period – not Observed
- Slow Moving Cheetah Mining Period
Dominant Miners: USB ASIC (now), or Pi4/Android Phone Mobile Miner (last year)
- Spike Triggered / Big Miner Lockout Period
- Reset - Fast Rising Low Difficulty Period
Dominant Miners: gekkoscience newpac, gekkoscience compac F, Bitmain Antminer U3.
- Fast Rising High Difficulty Period
Dominant Miners: Gekkoscience pod, Futurebit Apollo BTC pod, Antminer S9, S19, and other bitcoin ASIC rigs.
* Assessment of 3 Mining Periods
* Can v2.3.0 Hard Fork Restore CHTA CPU/Mobile Mining?
* DEX – Ideals of Freedom, Decentralization, Censorship Resistance
* Update on Dev Progress on ShibaDEX and Electrum Wallet
* Rational for Proposal to Activate 3 Soft Forks
* Electrum Wallet versions: Old vs New
* Cheetahcoin Lightning Network – Open Minded, Revisit 2025
* 30 Seconds Future Timestamping Rule
To read full upgrade proposal report:
https://github.com/ShorelineCrypto/cheetahcoin/releases/download/v2.3_proposal/CHTA_v2.3_Upgrade_Hardfork_Proposal.pdf