Orbitcoin v1.6.0.0 is ready for release. BIP65 and BIP66 will be mandatory after the hard fork for all blocks and payments (BIP66 is forced on mempool only right now by v1.5.1.x clients). Those who compile from source can pull the code from GitHub. Binaries will be available tomorrow. The hard fork deadline is in 8 days.
That's a good news...Can we just copy the existing 'data' folder to the new one without syncing again?
Worked for me - freshly compiled daemon started as per usual, no reindexing or syncing.
I do think 8 days notice for a non urgent hard fork is a little too short.
Well, 8 days is when the block #2 million is expected. I admit a bit more upgrade time could be available without the support for BIP65, but I guess it's worth the wait. We want to keep up with the existing inflation model, do we? That's how our specification for block rewards and coin supply looks like:
block height 2000001 to 2500000 reward 1.000000 ORB (coin supply 3275012.279225 ORB)
block height 2500001 to 3000000 reward 0.500000 ORB (coin supply 3525012.279225 ORB)
block height 3000001 to 3500000 reward 0.250000 ORB (coin supply 3650012.279225 ORB)
block height 3500001 to 4000000 reward 0.125000 ORB (coin supply 3712512.279225 ORB)
block height 4000001 to 4500000 reward 0.062500 ORB (coin supply 3743762.279225 ORB)
block height 4500001 to 5000000 reward 0.031250 ORB (coin supply 3759387.279225 ORB)
block height 5000001 to 5500000 reward 0.015625 ORB (coin supply 3767199.779225 ORB)
block height 5500001 to 6000000 reward 0.007812 ORB (coin supply 3771105.779225 ORB)
block height 6000001 to 6500000 reward 0.003906 ORB (coin supply 3773058.779225 ORB)
block height 6500001 to 7000000 reward 0.001953 ORB (coin supply 3774035.279225 ORB)
block height 7000001 to 7500000 reward 0.000976 ORB (coin supply 3774523.279225 ORB)
block height 7500001 to 8000000 reward 0.000488 ORB (coin supply 3774767.279225 ORB)
block height 8000001 to 8500000 reward 0.000244 ORB (coin supply 3774889.279225 ORB)
block height 8500001 to 9000000 reward 0.000122 ORB (coin supply 3774950.279225 ORB)
block height 9000001 to 9500000 reward 0.000061 ORB (coin supply 3774980.779225 ORB)
block height 9500001 to 10000000 reward 0.000030 ORB (coin supply 3774995.779225 ORB)
block height 10000001 to 10500000 reward 0.000015 ORB (coin supply 3775003.279225 ORB)
block height 10500001 to 11000000 reward 0.000007 ORB (coin supply 3775006.779225 ORB)
block height 11000001 to 11500000 reward 0.000003 ORB (coin supply 3775008.279225 ORB)
block height 11500001 to 12000000 reward 0.000001 ORB (coin supply 3775008.779225 ORB)
1 million ORBs for the next 10 million blocks taking about 38 years. The grand total is 3.77 million coins.