Post
Topic
Board Announcements (Altcoins)
Re: [PIRATE] Pirate cash
by
piratecash
on 15/12/2024, 19:14:07 UTC
Chainlock Activated: PirateCash Strengthens Protection Against 51% Attacks
At block 1498167, the PirateCash network achieved a significant milestone with the successful activation of SPORK_19_CHAINLOCKS_ENABLED. This update was made possible due to the growing interest in masternodes, which enabled the formation of the llmq_400_85 quorum.
What is Chainlock and why does it matter?
With Chainlock now active, the PirateCash network is protected against 51% attacks. Chainlock works by using a decentralized quorum of masternodes to confirm blocks almost instantly, preventing block reorganization and double-spending. This mechanism is similar to the one implemented in Dash, making the network significantly more secure.
Key Benefits:
    [] Protection against 51% attacks
    [] Instant block confirmations via a decentralized quorum
  • Improved trust and reliability for users
The Role of the Community
The activation of Chainlock became a reality thanks to the increasing engagement of the PirateCash community. The formation of llmq_400_85 was a direct result of the growing number of masternodes — a clear sign of the network's healthy and active ecosystem.
What’s Next?
With this update, PirateCash is now more resilient and secure, offering users a higher level of confidence in the safety of their transactions and data.
A huge thank you to the community for making this possible! Let’s keep building together. 🏴‍☠️
What do you think about this upgrade? Share your thoughts below!