Post
Topic
Board Announcements (Altcoins)
Re: [ANN] [GRS] GroestlCoin: First Grøstl | PoW/PoS Hybrid | AES accelarated
by
retweetnld
on 02/07/2014, 09:17:58 UTC
Hi all.

Sorry for not posting all this time, but I currently have a project that takes most of my time and honestly I didn't have time even for my family Smiley

Well, through this post, I would like to share my thought on how we're going to move from PoW only to hybrid PoW/PoS.

First of all, after I finish the required changes in code and migrate the blockchain, I'll leave the wallet running for at least a couple of days just to make sure that everything is working as it is supposed to.
When all tests are passed, an official mandatory upgrade release will be issued. Official nodes, exchanges, pools and other service providers will be the first to be notified so they to get the updated wallet code and have it compiled. The new wallet is going to disallow connection from old clients, so we avoid multiple forks, as previous version wallets will not be able to understand the new block structure and it's certain that they will fork.

Feel free to post any comments or clarifications you may have/need.

Will be watching this closely. Sounds promising.
Keep up the good work for this great coin!
We should keep in contact with each other since i'm from the Atheistcoin team (groestl algo).