Ninjastic
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Board Announcements (Altcoins)
Re: [ANN] Binary-Chain - VeriCoin and Verium - The First Dual-Blockchain Protocol
by
bilbro_baggins
on 21/02/2018, 03:34:59 UTC
Quote from: Ginzink on February 20, 2018, 07:22:04 AM
Quote from: Victorio on February 19, 2018, 05:10:18 PM
Quote from: Cryptonite310 on February 18, 2018, 03:16:14 PM
I think they are waiting to implement the 2 chains together once Verium reaches a certain hash rate for mining. Not 100% sure though.
When they do that, it'll be a binary chain.
Could you please explain your point about the hashrate sufficiency to implement the binary chain?

He probably meant a hash rate high enough that they deem it secure enough for the dual chain. But i dont think that is what they are waiting for.
It is probably just in need of more development, the dual chain is complicated and not something they can just release without alot of coding and testing Smiley

Last I heard the goal was for a Verium network difficulty of 0.3 before implementing AuxPOW (Binary Chain). It's been on a nice uptrend the past few months, once the Devs finish the P2Pool project (decentralized mining pool) within the Verium wallet, and also finish the mobile wallet/miner it won't be long until we hit that difficulty. Good things coming!