Hi All! As you might heard, by community vote we are ending ProofOfWork early and switching to ProofOfStake. Last POW block will be 10.000 We are using See-saw reward mechanism to encourage people to stake coins , though with little favor towards Masternodes. Proof of stake block reward will slowly decrease every month by 5 coins. As this is hard fork, all users will have to update to wallet version 1.0.3. (
https://github.com/Phoboscurrency/PBSCoin/releases ) Masternode holders will need to update both, control and VPS wallet. Settings can stay the same, you dont need to reset them. Just update wallet and restart masternode. Just to stay on safe side please backup your wallet.dat.
