Post
Topic
Board Announcements (Altcoins)
Re: [ANN][PES] Pesa - Anonymous Coin - No Premine - Dynamic Interest - PoStr
by
Coin-Moron
on 07/08/2014, 04:34:11 UTC
Okay, so I’ve an update for you guys today. We've found the problem with the wallet, and we've come up with a fix, although it's going to be a pretty big overhaul. After going through the Guerillacoin codebase thoroughly (the coin we forked) we've found a multitude of issues that are all adding up to the current suboptimal wallet experience.

The main issue lies within the dynamic interest system. Basically, many of the wallets are getting stuck at certain blocks during sync. At these points, the wallets begin staking their coins on a new chain, specific to that wallet, and they are never able to rejoin the original chain. In order to fix this, we've begun the process of gutting our current codebase and migrating the good parts to a new, clean fork of a different coin.

One issue that this raises is that, at least initially, the new version of Pesa will not include a dynamic interest system, since that is the part of the Guerrillacoin code that is causing the most problems.

Additionally, for everyone who has participated in the Twitter contest who haven't received their coins, don't worry. We've got all of the addresses that need to be paid out to, and we will do that once the new wallet is up and everyone has switched over.

The new wallet will be fixed and ready to go within the next few days. The public release will be on Monday, August 11 at 7PM UTC, so five days from today.

If you guys have more questions I’ll be monitoring the thread for a little while longer,

Alex

Atleast release a wallet today without the dynamic interest so that we can prevent the trade halt over bittrex.