Post
Topic
Board Announcements (Altcoins)
Re: [ANN][ZEN] ZenCash: Private, Secure, Resilient CryptoCurrency with zk-SNARKs
by
MedaR
on 28/05/2018, 13:03:13 UTC
when fork?HuhHuhHuhHuhHuhHuh
block height or date?
ty
First Hard Fork will occur in July to modify the protocol and allow the change in miner reward division to 10% supernodes, 10% securenodes, 10% treasury, 70% miners.
Second fork is planned minimum two months after the first one, and it will be focused on the extended transactions confirmation.
Got your plan, MedaR.
Changing distributional block rewards (more to secure nodes and supermodels) to maintain healthy network and prevent attacks.
Then, increasing required confirmations for transactions.
Good plan.
Yes 30% of every block will go to different stakeholder groups instead of miners, this will significantly improve our network security.
Aslo costs for this kind of attacks will increase.
Read this article how those attacks can costs real fortune:
https://cointelegraph.com/news/ethereum-classic-51-attack-would-cost-just-55-mln-result-in-1-bln-profit-research