Mandatory Upgrade
- Proof-of-Giving Goes Live (for heat mining rewards
only, PODC is still live) at block 100,001
- After block 100,000 minimum transaction relay fees increase (to
correct the absurdly low fees)
- At block 106,000 we vote to retire or not retire PODC (making the POG
budget bigger)
** Please upgrade before block 100,001 **
** This upgrade is for the entire network: Sanctuaries and Users **
* SouthXChange, CoinExchange, and GIN have upgraded. Waiting for C-CEX and CryptoBridge. *
Sorry, I still had no time to thoroughly read into POG. One question though: does that mean that from block 100k on all pool mining ("heat mining") will be done with and useless? That would be a shame for all my ARMs.
How will this affect the block time? Will the PODC and MN payouts still be paid at roughly the same time frame?
In addition to what TheSnat said, I don't plan on taking the pool down unless an unforeseen circumstance arises. The pool will most likely pay about 20% of its normal reward for 30 days after block 100,000. Then if PODC is voted to be retired, after block 107,000 or so, POG payments will then rise very high (for internal wallet POG reward payments) and at the same time, the pool payment will rise to about what it is now. So if you hang in an extra 30 days after the upgrade, and if we retire PODC, then your ARM payments would increase back to where they are now. I think its good to have these extra nodes for more security.