Quote from: cryptoscoope on July 30, 2018, 08:02:36 PM

Quote from: AroDev on July 24, 2018, 08:54:30 PM

https://www.arionum.com/ann.png

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.

This is great news!

How is the alias system going to work? I guess that we need a new wallet