Re: [MYSTIC] Mysticoin [Leverage] [Closed Loop Economy] [Cloud Staking] [YOBIT ICO]
Mysticoin Development Update:
We have a mandatory wallet update to be released tomorrow, as soon as we can get confirmation that Yobit has updated code, we will release the new wallet executable file.
We have made this change in preparation of the upcoming cloud staking phase of the project.
List of changes
New POS starts at block 20,000
Current block as of this post 17,494
Everyone will need to update to the new version
Thank You,
Mystic Dev
We have a mandatory wallet update to be released tomorrow, as soon as we can get confirmation that Yobit has updated code, we will release the new wallet executable file.
We have made this change in preparation of the upcoming cloud staking phase of the project.
List of changes
- POS Reward from 1 coin per block to 75% POS annually
- Changed dashboard color scheme to make it more readable
- Hardcoded additional seed node
New POS starts at block 20,000
Current block as of this post 17,494
Everyone will need to update to the new version
Thank You,
Mystic Dev
WALLET UPDATE 9/8/2015
The wallet update ran into a few snags.
We have released a updated wallet from 9/8/2015 that has a version number of 1.0.1.0
Please be sure to use this wallet to connect to the blockchain and stake properly.
The wallet reverts back to the 1 coin per block scheme we had previously.
WALLET ISSUES
Despite checking and double checking the code, when the new POS staking started, The staking rate was much higher than we anticipated.
(several magnitudes greater than 75% per year which was coded into the wallet.)
A a result we reverted back to the old chain of 1 coin per block until we can determine what happened
CODE REVIEW BOUNTY
The first person who can show why the wallet did not stake as anticipated will get 30,000 MYSTIC.
Source:
https://github.com/MystiCoin/Mystic/
Please reply in the thread with your explanation