so basically the launch of the new mainnet is a hardfork of the then old blocknet chain?
No, it's a migration to a new blockchain.
Further details are in the
press release.
smells like duck turd
looks like duck turd
No, it's a rabbit bean.
PRODUCTION BLOCKCHAIN FEATURES
With the release of the production blockchain, the following features will be supported:
Enforcement of the 5000 BLOCK requirement to run a service node (which shall not be alterable without implementing a formal improvement proposal)
Support for OP_CHECKLOCKTIMEVERIFY (BIP65) on mainnet
Support for the service node voting system, which will enable governance of development funding, and network and protocol-related changes
Feature parity with Bitcoin Core
Block time: 2.5 minutes
Consensus algorithm: proof-of-stake
Annual stake reward: ~9% (10% of stake reward to fund development)
Codebase: Bitcoin Core + PivX masternode implementation
max #service nodes?
https://blocknet.co/?p=332