Post
Topic
Board Announcements (Altcoins)
Re: Crypti | XCR | Ͼ | PoS algorithm | Ed25519 | 2nd Gen Source
by
Passion_ltc
on 08/04/2015, 14:24:48 UTC
v0.2.0 release

We are proud to announce the release of v0.2.0 alias Chronos! Chronos, the personification of time, marks the beginning of a new Crypti era, from here on there only one path exists and this is the path to the top.

All latest tests by our team were very successful and the public beta is running for 3 weeks without any problems. Therefore we are finally able to launch it. The Chronos update includes hundreds of backend improvements and fixes and a whole new consensus mechanism called DPoS (Delegates Proof-of-Stake).

With DPoS, our blockchain will have an entirely different structure, therefore we will create a new blockchain from scratch. For this we will save every balance from the old blockchain and transfer it to our new one. All transaction history will be deleted and only the final XCR amount will be left in your account. So if you need your transaction history you have to save it now.

Due to this we make this pre-announcement so that everyone can prepare themselves. We will start to update our nodes tomorrow at 7:00 AM UTC. It is very important that you don't do any transactions in this time frame, until we give our OK! (It may take several hours or the whole day!) Every transaction after 7:00 AM UTC in the v0.1.9g Crypti branch will not appear in the Chronos (v0.2.0) branch.

We already contacted the exchanges and they will stop the withdrawal and deposit tomorrow as well.

If you are a Crypti node owner we ask you to turn off your nodes tomorrow at 7:00 AM UTC. We will upload v0.2.0 as soon as possible tomorrow so you take a look yourself.

In the beginning we will host the entire network on our own delegate nodes. These are the so called genesisDelegates and will be replaced one after another with "real" delegates. It will be very important that you will upvote the delegate nodes of our loyal community members in the future. But we will give you more information and tutorials about this soon.



For now we want to thank you all for your trust.

The Crypti Foundation