Post
Topic
Board Announcements (Altcoins)
Re: 🔴[ANN] Subi Platform • ASIC Resistant • Multi-layered • Decentralized • NEW🔴
by
SubiPlatform
on 26/01/2019, 04:04:59 UTC
Mandatory Update - Version 1.0.0.7

Late yesterday a vulnerability was discovered in the Proof-of-Stake code and the way SubiDEX works.
This would open potential attack vectors on the SubiDEX platform once staking was activated. Instead of shutting down the SubiDEX we have decided to delay the transition to staking while we can re write some of the code.
Please note there is NO current vulnerability as staking is not yet active. We have also made a few other changes to the mining phase until we transition to staking.

You MUST update your wallet before block 60,000 otherwise your wallet will get kicked from the network and you may end up on the wrong chain. This includes ALL SubiNode wallets also.

Changes:

 - Staking delayed until block 150,000
 - Algorithm changed to x16rt (at block 60,000)
 - Rewards decreased to 2.5 SUBI (starting block 60,000 due to longer mining phase)
 - Mining phase until block 149,999

The decision was made to move to the x16rt algorithm due to the influx and chaos that Nicehash/rented hash was causing with the blockchain with the difficulty sometimes getting stuck high due to the large drop in hashrate once the rental was over.
We hope that changing algorithm will create a more fair and distributed consensus.

We realise there may be some disappointment for users wishing to stake, but the security of the network and platform are most important.
This allows us to patch any known vulnerabilities and bugs before they happen.

Pool Operators
Please update your wallets before block 60,000 and update the algorithm to x16rt which is active AT block 60,000.

Links:
 - Source: https://github.com/SubiPlatform/SubiCore
 - SubiCore: https://github.com/SubiPlatform/SubiCore/tree/1.0.0.7
 - SubiDesktop: https://github.com/SubiPlatform/SubiDesktop/tree/1.0.0.7