Dear XDNA Community!
The problem that our network has been experiencing for some time - the presence of a single miner with dominating hashpower - had to be solved. We could do it the fast and simple way by changing the hashing algorithm to one of the known ones, for example lyra2z. However, the currently existing algos are likely to fall as victims to the uprising FPGA threat quite soon. That's why we chose the slower but the fundamental path. We have developed a NEW hashing algorithm.
Today XDNA TEAM is glad to announce and presents a novel hashing algorithm -
H E X !
The working principle of HEX is calculating the block hash with a pseudo-random sequence of 16 different algorithms (kernels) through 16 different rounds. So there are a possible **18 446 744 073 709 551 616** variations of directions to reach the summary check to get the block reward.
The algorithm possesses a number of pronounced benefits compared to the majority of existing algorithms:
```fix
- it is not a “dummy” algo like some popular ones, where the GPU actually spends a lot of time awaiting commands and not performing computations, which is not beneficial for the GPU’s service life;
- it exhibits a stable and uniform GPU load and thus provides for better efficiency of the equipment;
- constant and unpredictable variation of the kernels presents a pain for the adaptation of FPGAs and ASICs to it.
In addition, we have received a lot of community feedback concerning the emission of XDNA and took it into consideration.
We performed economy calculations, with regard to the performance of the typical GPUs for our HEX algo and the result is reflected in the new **BitGun parameters: behold BitGun 2.0**
Regardless of these changes, every miner will still receive much greater rewards compared to the classical reward system, but the emission rate at 10+ lvls of BitGun were greatly reduced to stabilize our economy
Now XDNA has -THREE- TRUE innovations!
B E S M A R T W I T H X D N A ! ! !The FORK to the HEX algo will take effect August 6, 15:00 UTC.
All Pool Owners must update their wallets before this time or they will be banned from the network.
https://github.com/XDNA-Core/Yiimp-HEXSame applies to ordinary users and MN holders.