Hi everyone, we have 2 announcements to make.
1) Hard ForkOur blockchain needs some tweaks to the diff adjustment algorithm which is very aggressive at the moment, causing very slow blocks.
MN and mining rewards will also be positively impacted by this change, since more blocks will be mined at the right times.
The new code for the difficulty retargeting change is pushed to Github.
To summarize:
- A few parameters change at block height 23750 which we estimate will be reached on Saturday 7 Apr around noon UTC
- It's going to be a hard fork. This means that everybody needs to update their wallet, with emphasis on pool operators and masternode owners
- The masternodes created through the GIN Platform are upgraded automatically by the platform, you do not need to do anything. In the case where your MN becomes NEW_START_REQUIRED, simply restart it from your wallet.
- The update can be already done today, safely
- Although the update is a drop-in replacement of your current GINcoin Core wallet, we recommend a backup of your wallet just in case
(Here's a video demo on how to update your wallet:
https://cdn.discordapp.com/attachments/429244301583581185/431440601964216330/20180405_160943.mp4 )
New wallets and binaries available on github and on our website.
https://github.com/gincoin-dev/gincoin-core/releases/tag/1.0.2.02) 3rd-party integrations It has come to our attention that some individuals have been asking for a FEE to mediate discussions between our core team and other coins.
We do not condone such behaviour, nor do we charge for integrations with 3rd-party coins. That's not our business model.
It pains us to hear that coin devs might have been duped and charged for something that we provide freely.
If you are a coin dev (or know one), please know that such fee requests do not come from us.
All 3rd-parties requesting payments on behalf of GINcoin or for "putting in a good word with us" should be reported to us immediately.
We're fully aware this might not sit well with some folks and we're prepared to accept the consequences, but we have to stand our ground on this matter - we do not charge coin devs anything for anything, nor do we encourage paying for "influence".
For clarity purposes, we need only for a short while the collateral for a masternode in order to test the first deployment.
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If you need more info, do join our Discord:
https://discord.gg/PFQmGrM