Ninjastic
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Board Announcements (Altcoins)
Re: Bitmark
by
dbkeys
on 04/05/2018, 15:48:42 UTC
Quote from: psycodad on May 02, 2018, 01:18:55 PM
Quote from: dbkeys on April 30, 2018, 06:39:47 PM
Quote from: psycodad on April 30, 2018, 01:52:53 PM
Quote from: phenixcoin955 on April 29, 2018, 06:20:55 PM
Quote from: Geon on April 25, 2018, 03:53:06 AM
When can make a deposit at polonix?

Right after the hard Fork that will occur on May 1th. Allow few days, maybe 2 weeks to blockchain ajustements and then, Poloniex should reopen the wallet (hopefully)

Hard fork? Did I eventually miss something?

The Bitmark Project is aiming to release the fork code tommorrow, May 1 2018. (Could be a few days more, a few more details to be worked out.)

Bitmark is adopting an additional 7 Proof-of-Work algorithms, for a total of 8 ( SCrypt, SHA256d, Argon2d, Lyra2REv2, X17, EquiHash, CryptoNite v7, Yescrypt )  all governed independently by Dark Gravity Wave v3 in order to keep mining difficulty matched to hashrate.

A block reward modulation protocol, Coin Emission Modulation v0.1 (CEM v0.1), will also be implemented which proportionately reduces the block reward if hashrate is low compared to recent hash rate peaks.

Also adopting the ticker symbol MARKS (in lieu of BTM),  to emphasize the goal and nature of the Bitmark project.

Thank you for clearing that up.
Can you give us an estimate on the date for the planned fork?

TIA


We are aiming to make some of the new Proof-of-Work algorithms being adopted merge-mineable with the leading coins that use them.

At present we are working on enabling merge-mining Cryptonight v7 with Monero. This has proven to be a bit more challenging than expected, because Monero is a completely original coin which was written from scratch, and only borrowed ideas, ( but no code), from coins before it.   Nevertheless, we expect this to be completed by early next week.

Considering a few more days for testing, final code review and to generate ready-to-run binaries for the major platforms (Windows, MacOS and leading Linux distros) it will realistically be mid-month when the fork is published.

The fork's new operative rules will be set to take effect the sooner of either:
                               a)  75% of the latest 100 blocks signal support for the v4 blocks of Bitmark v0.9.7
                               b)  A arbitrarily chosen (yet to be determined) fixed fork-height is reached

Thanks for your interest, and continued support. ¡ Stay tuned  !