Topic: [KSC] KASHMIRCOIN - 112 COINS in 2014/ 50% POS - cWallet - KashBit - BURRIED POW (Read 3589 times)

HARD FORK WILL HAPPEN AT BLOCK 82000

PLEASE, UPDATE YOUR WALLET
(to our new beautiful one)

So, let's talk about our update. Its main points are:

1. Digishield

No more "timewarp" attacks, difficulty will retarget every block. Digishield will be activated at block 82000.

2. New POW block rewards, POS and "Burried" POW stages

After block 82100 miners will get 0,003 KSC for every mined block. POW mining will be over after block 89001, so POW stage will last for a several days from now. Total POW supply in 2014 is 112 coins. Then KSC will switch to POS, POS stage will last for a year. POS interest is set to 50% .
But there will be 3 "burried" POW stages: in 2015 (36 coins will be mined in a week), 2017 (22 coins will be mined in two weeks) and 2019 (30 coins will be mined in two weeks). So, POW supply of KSC is 200 total coins. Hard limit for POW+POS coins is 1001.

3. cWallet

We don't want KSC users to waste their time on visiting websites for tracking the news, update or registering at the pools.
Now you can do everything inside the wallet:



Pool info, news, updates, twitter-feed - now you can browse it directly inside the wallet. You can even post a message at BitcoinTalk inside it!
This page will be updated in your wallet automatically. Check out our beautiful design!



 

And inside c Wallet you will be able to use one great service. Thanks to VeriBit and BlackBit developers, we would like to present you

4. KashBit



KashBit is a service that allows you to pay any Bitcoin merchant in Kashmircoin! Just post BTC address, enter the amount and follow the instructions. Your KSC will be automatically converted to BTC. KashBit will be activated 04 of September.

One important thing: we contacted Bittrex and soon KSC is going to be added to the exchange (if we understood their words right
We thought that KSC will be added before the update, but it wasn't, that's why contents "Market data" tab is not active now. We will release the final version in a couple of days. Please, check our cWallet, and tell us if everything works fine.

So, let's go:

Windows: https://github.com/kashmircoin/kashmircoin/blob/master/release/kashmircoin.exe

Mac OS: https://github.com/kashmircoin/kashmircoin/blob/master/release/Kashmircoin.dmg

If you used the old KSC wallet, please follow this steps:

1. Backup your wallet.dat file

Windows:
You can find it in "C:\Users\YOURLOGIN\AppData\Roaming\Kashmircoin"

Mac OS:
You can find it in "YOURLOGIN\Library\Application Support\Kashmircoin"

2. Delete Kashmircoin folder

3. Open your NEW wallet and wait for blockchain to sync (Kashmircoin foder will be created automatically.

4. Replace wallet.dat with the old one.