Post
Topic
Board Announcements (Altcoins)
Re: EMBERCOIN [X13, POW/POS]
by
Buchi-88
on 09/09/2018, 22:25:59 UTC
Update from Discord from Core Team

EmberCoin Wallet Update Timeline
Yup, you heard it here; we’ve been bustling around the discord server and we now have a timeline on the EmberCoin Wallet Update. Over the last week, we’ve compiled, tested the wallets on all platforms, and are about ready to release.

Our Plan:
Originally, the update would reinstate the PoW on block 387,500, but since this block is merely a day or two away, the target block will be adjusted to 392,000. Based on the August daily average of 145 Blocks processed, we can expect to hit that target block in approximately 32 days from the time of this announcement. To ensure everyone within the community has access to Ember Wallet 1.1.5.3 before then, we have set a 2-week timeline for us to follow.

Week 1:
By Wednesday, Sept. 12:
-    All platforms will be recompiled with the target block change and tested.
-    A written instruction guide to help install the update will be made.
-    A video instruction guide to help install the update for Windows and Mac will be made.

Week 2:
By Wednesday, Sept. 19:
-    The release process will be finished and all platforms made available to the community with pertinent instructions.

It's important to upgrade to the latest wallet as soon as it's available to improve the quality of the network. As stated before, mining rewards will be increased to 100,000 EMB from 100 EMB and the PoS % is hard-coded to drastically (and immediately) reduce the hyperinflation on November 2nd to 7.2% from 720%.

What is with the Coins on exchange? Cryptopia support the Fork? Any news for the exchange coins?