Flux Difficulty Algorithm and block 4088 hard fork reviewThe last hard fork at block 4088 activated without any issues. This was a good test as it shows we have good communications between miners, pools, exchanges and users going forward.
We were able to observe our difficulty related changes and while they are a big improvement, the Digishield difficulty algorithm is proving inadequate.
Below is an image of what we observe.
The good news is that I have coded up a new solution which I have called the Flux Difficulty Algorithm. This is a minor adjustment to Digishield so that it implements throttling which will eliminate the peaks and troughs of the difficulty chart. This works by making an extra comparison with the previous block time and throttling the rate of change. The current Ethereum difficulty algorithm works using the approach of looking at the time of the previous block.
A new release and hard fork block will be announced after some more testing. We are actively testing the Flux difficulty algorithm using different criteria.
Bittrex listingBittrex has completed their integration testing of Ubiq. We have asked them to hold off on listing Ubiq while we test the Flux difficulty algorithm. We anticipate listing to be early next week but we will let everyone know ahead of time. Thank you for the overwhelming enthusiasm.
Soon™
Fusion GUI walletThis will be available after the next hard fork. We have successfully tested this on the Testnet network.
Below are some screen shots
Thank you for your support.
