Post
Topic
Board Announcements (Altcoins)
Re: [ANN] Akencash - UNIVERSAL, SCALABLE BLOCKCHAIN PLATFORM
by
galaktika
on 03/04/2018, 10:48:44 UTC
Hello, guys!
Due to concern of our investors, the AKN team have made a decision to change Block Reward Distribution. This will increase interest for potential investors and consolidate AkenCash community. More people take an interest to be a masternode holder, therefore it brings members who will maintain the project in the long term. This make a system is more scalable and expanded. AkenCash is going to put away aging model of mining and take a newer one, like multiple major projects do in the cryptoworld. From this point we are going to change reward distribution in the following way:
10% to to miners
90% to to masternode holders

New updates will come into effect from the 13440 height block. Kindly remit you to update your clients and masternodes before this event. Old masternodes can not interact with new updated ones. There are ~1000 blocks left approximately (~1.4 day).

All owners of wallets, Masternodes will need to update the software. It is also desirable to make backup copies of private keys before updating your clients.
All balances will remain after the software update.
https://github.com/akencash/akencash/releases/

All pools that wish to continue mining have to upgrade their console daemon Akencash.
No additional actions required, just replace existing app with a new version.
It would detect and use existing blockchain automatically.
https://github.com/akencash/akencash/releases/

We’ll announce an update instruction in near future. Keep in touch, please!

Thank you for attention, support and faith in the project, guys! You’re the best! Together we are making AkenCash better!