SPECTRECOIN v3.x NEW RELEASE

The Spectrecoin Foundation is thrilled to present the release of Spectrecoin v3.x with our novel ‘Proof-of-Anonymous-Stake’ protocol. This release has been nearly 10 months in development and testing and introduces the first fully anonymous staking system on a trustless setup. In addition, there are other major changes in v3.x. The block time will increase to 96 seconds and the stake reward will be fixed per block.  The reward for a block staked with SPECTRE (PoAS) will be 3 SPECTRE. The reward for a block staked with XSPEC (PoSv3), will be 2 XSPEC. This will slightly decrease inflation over time.

You MUST update your wallet and reindex the blockchain or use the bootstrap method before the hard-fork which will be at the following time:


Please check your time-zone to find out when the changes are introduced where you are if this is relevant to you. Once you have updated your wallet to v3.x you can just resume staking as normal and once the new rules have been activated you can then start using the PoAS protocol. Once the hard-fork has occurred and the new rules are in effect we will make an announcement shortly after here and on Blockfolio Signal so you know that you can start ‘Stealth Staking’.

We have published an update guide on our usual newsletter site so please have a quick look at this before you go ahead and update your wallet. If you do not update the wallet, you will simply be left out after the fork and you will be on an abandoned v2 chain. So, please update your wallet as soon as possible.

https://news.spectreproject.io/spectrecoin-v3-x-upgrade-guide/
https://github.com/spectrecoin/spectre/releases/tag/3.0.8