Post
Topic
Board Announcements (Altcoins)
Re: [ANN] Ħ [HODL] Fork at Block 86000 - Miners Must HODL
by
Billyboy4022
on 04/07/2016, 07:55:31 UTC
Fork At Block 86000

There is a fork at block 86000 in accordance with the Nutocracy motion -
https://nutocracy.herokuapp.com/arguments/that-block-rewards-should-remain-unchanged-in-amount-but-required-to-be-hodled-for-a-period-of-1-year-https-www-reddit-com-r-hodl-comments-4qpx9g

From block 86000, miners will be required to HODL the block reward for a period of 1 year to create a valid block.
In anticipation of a reduced hashrate, the diff will be set to a fixed lower rate for blocks 86000 to 86025 and from there will adjust to the new hashing power of the network.

The release is being finalized, from there, new binaries will be compiled and released.

I fail to see how a vote open for a little over a day is representative of the community's opinion at large. I did not even see the motion until after it was passed and I would hazard a guess that it was/is the same for many others. The speed through which this motion passed definitely gives the appearance of impropriety. I support my assertion with the fact that the software changes are already in testing phase. It seems a little too pre-planned.

I'm inclined to agree with you.

This is goign to kill the coin ....
1. Noone is going to want to mine it  so the blockchain will be low hash (51% attack incoming) or stop altogether.
2. the botnet are just going to mine it and in 1 year + few months they dump those whole year of coin + interest


The 2.0 release has been finalized on GitHub, please make sure your nodes are using version 2.0 or better of HOdlcoin.

New binaries are being prepared and will shortly be released.

I've updated Suprnova to the latest version, quite funny thing, it'll be the first pool which pays out 1 year after you've mined the block Smiley
It'll surely be fun explaining this to the miners, i'll just link to the thread here.

BTW: IMHO this was the most funny hard fork ever, decided within 2 days over a "nutocracy" vote Smiley nice

Like a said a few day ago


Okay - we're nearly there - 5 million required for threshold validity.

https://nutocracy.herokuapp.com/arguments/that-block-rewards-should-remain-unchanged-in-amount-but-required-to-be-hodled-for-a-period-of-1-year-https-www-reddit-com-r-hodl-comments-4qpx9g

I've been working on the code required today and am testing it at the moment. Should be able to put this into effect with some rapidity.

Look like you are going to push this either way , so does it really matter if we vote or not

why even have the vote ?  " the community wanted this ?  what is to say that you own all those addresses and Hodl