Re: [ANN] DIVERSE [DVRS] | POS/POW | 7000% Premium Blocks | 3000% Base APR
by
spartacuspro12
on 10/03/2018, 17:40:29 UTC
Mandatory wallet update
The new updated windows wallet, version 1.5.0.0 has been launched. The POS structure has been changed in this update. We rearranged the POS structure, so that the 7000% POS Premium blocks are not achieved every time. The idea behind the 100 Premium blocks of 7000% POS was to eliminate the 100% chance of hitting it, that's why we reduced it to just 100 blocks. But, the large stake pools are hitting the 7000% POS, 100 Premium blocks everytime, which has enforced this coin to become 7000% APR coin.
So, this rearrangement of POS structure will disable the stake pools ability to hit the Premium blocks everytime. The new POS structure includes just 1 Premium block, after every 10 blocks of 3000% APR till block# 70,000. And, after that 1 Premium block of 7000%, after every 10 blocks of 700%. This won't reduce the number of current 100 premium blocks, as the 100 premium blocks are rearranged in between after every 10 blocks. It will just make premium blocks hard to acheive.
Just to make it simple, every block ending with 1 will have 7000% POS, and all the other blocks will give 3000% ROI till block #70,000, and 700% ROI afterwards.
You need to follow the following instructions for updating and running the new wallet.
1.) Close the old wallet. 2.) Navigate to AppData/Roaming/diverse folder, or simply type %appdata%\diverse in the address bar of windows explorer or the search box of your windows, which will open the diverse folder. 3.) Backup your wallet.dat file somewhere else, by copy/pasting it to another location, for safety purpose. 4.) Delete everything inside the AppData/Roaming/diverse folder, except wallet.dat file. 5.) Create a new text file named diverse.conf inside appdata folder, and add the following text in diverse.conf text file: