Re: [ANN] [ARO] | Arionum | CPU | PHP Based | Decentralized Revolution
Some information about the upcoming Arionum updates:
- There will be a hard fork at block 80.000 which will update the mining system and will implement the alias system.
- The development has been finished on both mining and the alias system. Currently they are undergoing tests.
- The mining system will be changed to a hybrid mining system in which 1 block is given to CPU miners, 1 to GPU and 1 to masternode staking.
- Masternodes will be implemented starting block 80.000
- To create a masternode you will need 100.000 ARO and you will lock those funds as colateral for minimum 3+1 months.
- The masternodes will be winning blocks based on a Proof of Stake system.
- There is no limit on the number of the total masternodes.
- The masternodes will be used for the project governance and for taking decisions regarding the Arionum blockchain. For example, voting for new features etc (implemented at a later stage)
- The masternodes will be used for handling asset transactions (implemented at a later stage)
- It's possible to implement some sort of sidechain for much faster transactions using the masternodes, at a later date.
- We have implemented a bootstrapping feature to have the nodes do the initial sync much faster.
Wojow! The most interesting thing (at least for me..) is that Alias system, for what i know u guys are the first with an system what are people asking about since years!
Sync is already going fast, but an update for bootstrap is always good (a future thing in my eyes).
100k aro is a lil bit much for running an masternode-staking, maybe this is a point to think about.
Suggestion (if possible):
10k aro u can start staking (how more aro u have, how beter the stake)
50k aro u can start masternode-stake
100k is a lot of aro, totally if u hold in ur mind that the price can go up very fast with this nice hard fork. If the price will go to 20-30 dollar/euro for 1 aro, u need to spend a lot, a lot of money to start staking-masternode. This 100k aro is (in my point of view) not future proof
