As above, the new wallet will be a mandatory update you MUST update before block 100,000, we are working on getting everything together and that's why we are a bit late. We have decided to hard code in the master node system with the PoS fix so that we don't need another hard fork for the foreseeable future and that's why it's taking a bit longer. It's a bit tricky to agree and set the master node rewards and take into account both reward for MN holders and also the coin supply and the value of the currency. We are considering some different schemes and we've had some discussions over the last few days but we are getting there.
Hi regarding the Masternodes - have you finally decided how much coins are needed for a master node ? After the successfull ICO 500.000 is really much ..
regards
Well, we are thinking maybe 200,000 at the moment. There needs to be a balance between MN investment / reward / PoS reward / currency value / future value etc. We need a minimum number of MN running to process the 'coin-mixing' and the 'transaction lock' payments (instant payments). We have set the initial PoS at 15% so the MN needs to be rewarded higher and that means that we may decide on a quicker step reduction of the 'normal' PoS reward. Soon...
okay, nice...
im courious how it works with staking after the hard fork...