Quote from: nhathongkehoc on December 07, 2018, 01:29:37 PM

Quote from: torrmara on December 07, 2018, 01:23:28 PM

ANNOUNCEMENT - Mandatory Update

Download the new #NIX Core Wallet 2.2.0. Check most relevant features:

- Upgrade to LPoS/Cold Staking.
- #Ghostnode fee distribution mechanism.
- Staking age from 500 to 200.

Update in advance as above features activate at block 115,921.

Download here: https://github.com/NixPlatform/NixCore/releases

Upgrading my wallet.
By the way, can you spend a couple of mins to give me a bit more clarification on LpoS, please.
What is LPoS?

From the team via discord:

"We are moving away from the term custom DPoS for our consensus model and using LPoS (Leasing proof of stake - credits to wave for coining that term) as it fits the description of our model more clearly and to avoid any discrepancy of the consensus description.
With LPoS you will be able to lease your coins to merchants or other third parties so they can stake on your behalf and claim a percentage reward you allow in the initial contract. For example, party A leases 500 nix to party B allowing a 5% fee reward. Party B can now stake those 500 coins, when party B hits a stake, they are allowed to take 5% of the stake reward leaving party A to now own 500 + stake reward - 5% of stake reward. Party B can continue to stake those coins as long as the leasing contract is active. Party A can void that contract whenever he or she wants.

And to be clear, Party A can make a leasing contract that takes 0% fee, this can be used as a simple cold staking script if he or she wants to cold stake via their own computer."

Some more info on it via the site 2/3 down the page: https://nixplatform.io/technology/protocol-layer

Apart from Waves which does not function on BTC protocol, NIX is the only BTC protocol platform to offer LPoS.