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HARD FORK: MANDATORY UPGRADE OF ALL NETCOIN WALLETS
HARD FORK WILL OCCUR AT BLOCK: 530000
ESTIMATED TIME/DATE OF FORK: 2nd March 2015
POS DIFFICULTY HAS BEEN UPDATED.Netcoin was experiencing some issues with the timing of POS blocks. They have now been set to 2 minutes (POW will remain at 1 minute). This was an absolute necessary upgrade and why we are hard forking.
OTHER FEATURES ADDED TO THE WALLETAdded theme switching and made some customized themes
Added Personal Investment Rate (PIR) calculator
Added More stores that accept NET as payment and updated the existing stores/exchanges.
POW Statistics updates automatically
Stake For Education (S4E) added
Minor bug fixes
Netcoin (version 2.3.0) is now released and MANDATORY wallet upgrades are available to download from the front page of the foundation website (netcoinfoundation.org) The changes are already live on GitHub in the master repository. This update is mandatory and involves a hard fork on block 530000 which will happen roughly at GMT on the 2nd of March.
The aim of the new version is multi-faceted. First, we wanted to update the timing of POW vs POS. When PIR + OWI was implemented back in July, Netcoin went through a few weeks of blockchain lag, and despite smoothing out recently, we wanted to ensure the continued stability and security of Netcoin. Meee and JK (and several others) have spent countless hours analyzing block times, testing, and debating on what course of action to take, and running various scenarios based on several courses of action.
We debated about dropping POW...but after analyzing the potential outcomes, we felt keeping POW (at this time) was only to NETCOINS's benefit to increase the security/stability of the coin. with POW and POS running, an attack would require a 51% takeover of BOTH the POW and POS. The best possible solution was chosen and we have spent the last several weeks running this on the testnet in various forms to gather as much data as possible.
After block 530000 the following changes will come into effect.
Block time for POW will remain at 1 minute.
Block time for POS is increased to 2 minutes.
WINDOWS WALLET DOWNLOAD:
netcoinfoundation.org/Netcoin-qt-2.3.0.zipMAC & LINUX WALLETS ON THEIR WAY!
As always, if you have questions, problems, or general comments...please don't hesitate to contact us:
support@netcoinfoundation.orgforum.netcoinfoundation.org