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Topic: [ANN] WDC WorldCoin: Announcing upcoming patch and news - page 3. (Read 11149 times)

full member
Activity: 182
Merit: 100
well it isn't the 1minute blocks I was hoping for but 30secs is better then 15. Still good job guys thanks for improving the coin I invested in most!
full member
Activity: 224
Merit: 100
Well done!  A patch was definitely needed.
legendary
Activity: 1022
Merit: 1001
Also, before the inflation correction occurs, we are allowing the community to continue to become early adopters by maintaining current coin production levels for the duration of this season.


sounds a little, um, centralized, you allowing others???



Of course. Anyone can buy/mine WDC. Its referring to the current crypto-community as a whole.
member
Activity: 102
Merit: 10
This is effen great news!  Glad I've been hoarding.  I jumped in with the right coin.
sr. member
Activity: 644
Merit: 250
Great news for worldcoin, great news for us...

...and still great news for newcomers. Smiley

K.
legendary
Activity: 1050
Merit: 1000
Thats great news Smiley
legendary
Activity: 2632
Merit: 1023
Also, before the inflation correction occurs, we are allowing the community to continue to become early adopters by maintaining current coin production levels for the duration of this season.


sounds a little, um, centralized, you allowing others???

so does this mean there will be less coins in the remainder of production, or are you upping whole coin amount

this needs a  tl;dr

rather than a pdf
legendary
Activity: 2772
Merit: 1028
Duelbits.com
Glad you listened  Wink
legendary
Activity: 2198
Merit: 1014
Franko is Freedom
sr. member
Activity: 415
Merit: 250
I'm really happy about the whole inflation patch thing Smiley
legendary
Activity: 1022
Merit: 1001
Oh yea..now we're rolling  Wink
member
Activity: 142
Merit: 21


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The WorldCoin Team would like to announce the details of an upcoming patch to be released in late July/early August 2013 (block 518,401). Two main issues being addressed are current inflation level and mining orphan rate.

We would like to highlight a couple items before reviewing the details.

WorldCoin currently has a fast secure transaction time of 60 seconds. This is achieved by confirming a 15-second block four consecutive times. The update maintains the 60 second security time so the speed of a complete WDC transaction will not be altered.

Also, before the inflation correction occurs, we are allowing the community to continue to become early adopters by maintaining current coin production levels for the duration of this season. Once the new production rate has been reached, the same volume will be produced each month until the final blocks are mined.



                Patch information

                
http://worldcoinforum.org/official/WDC_patch_announcement.pdf






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