ANNOUNCEMENT:Version 1.2.2 of LitecoinDark contains a few relatively simple changes to help us to lower the block reward and extend the mining period for LitecoinDark.
First and foremost, as of the time of release, block 60000 is roughly 96 hours away (slightly more than 96 hours, but this should be adequate time for exchanges and pools to update). In order to ease the transition, a simplistic difficulty engine moduel has been implemented using difficulty shield which will reset the block's difficulty to the minimum starting difficulty for exactly one block.
After this, difficulty shield will switch back to regular difficulty adjustment. This will ensure that the blockchain including the new hard fork code is long enough to survive even if a large pool elects to skip this update or does not see the announcement in time.
This will inevitable produce a number of extremely low difficulty blocks and
orphan blocks to emerge, however, the
network will quickly compensate. However, as the goal of this fork is to extend the mining period, having several blocks found almost immediately works against our goal. To offset this, we have decided to reduce the block reward
to 16 instead of 24 and continuing regular halving intervals.
CHANGELOG:Version 1.2.2:
- Bumped version numbers for 1.2.2 release build.
- Added minimum difficulty engine to ease transtition during block reward lowering.
- Defined reduced rewards block to happen at block 60000
- Reduced block rewards to start at reduced rewards block (at time of commit is after 4 halvings, will be 16 coins per block at current block number.)
- Set minimum difficulty engine to activate for one block alongside reduced rewards block to smooth transition to reduced rewards chain.
- Fixed about banner to line up properly on about dialog
- Linux Wallet released shortly after.
- MAC wallet under dev.
DOWNLOAD LINKWin32 Wallet:
https://github.com/TrollByFire/litecoindark-staging/releases/download/v1.2.2/LitecoinDark-v1.2.2-win32.zipLinux x86-64 Wallet:
https://github.com/TrollByFire/litecoindark-staging/releases/download/v1.2.2/litecoindark-v1.2.2-linux-x86_64.zipKeep up the good work Community, without you all this was not possible.
The LTCD team.
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