Non final release 0.4.3

Source code is available at github, Linux & Mac builds will be published soon.

Changes list:

  • Balanced PoS/PoW blocks weighting;
  • No minimum limit for coinbase outputs;
  • No ECDSA signature required for PoW blocks anymore;
  • No fee required for coinbase transaction anymore;
  • Built-in PoW CPU miner removed, now only PoS miner available in the wallet;
  • getmininginfo RPC now able to calculate stake power.

Highlighted changes which will be active on MainNet since 20 Sep 2013.

And don’t forget about ROI switch at 20 June 2013, less than 4 days remaining.

Protocol update: Preconditions and prospects

Protocol update: Preconditions and prospects.

Just like PPCoin, NovaCoin uses ChainTrust score instead of ChainWork (used by BTC, LTC and another PoW-based systems).

We decided to implement the new chain trust score calculation algorithm. It will prevent pure PoS double-spend attacks even without broadcasted checkpoints. Now I’ll try to describe, how it works in comparison with an old algorithm.
Continue reading

Pre-release 0.4.3

0.4.3 minor release planned for this weekend. Changes announce:

  • GBT speedup up to 10 times, to make stratum pools more reliable under high tx/s rates;
  • Stake generation statistics (available coins amount, current stake generation power) will be available through RPC;
  • Coinstake inputs adding policy will be a little more aggressive for some cases.

0.4.3 will be compatible with 0.4.2 in terms of database format and protocol rules.

Release 0.4.2

0.4.2 update is ready and published.

It includes a few changes in addition to new PoS ROI calculation algorithm, which was implemented in 0.4.1:

  • Fix for lk_max_locks exhaustion problem, more info is available here. It will become active since 20 Aug 2013;
  • 27 bits PoS target limit will become active since 20 Jul 2013.

Protocol update conditions:

  • 0.4.1 and 0.4.2 will be compatible with 0.3.5/0.4.0 until 20 June 2013.
  • 0.4.2 will be compatible with 0.4.1 until 20 July 2013.

An optimal way is update to 0.4.2 before 20 June 2013.

Release 0.4.1

Important changes are listed below.

  • Dynamic PoS interest. Now it’s a function of PoS difficulty, nRewardCoinYear = 1 / (posdiff ^ 1/6). It can have values from 100% to 1%;
  • Checkpoints ignore option added, disabled by default;
  • Bug fix for coinstake transactions display in QT client;
  • Bug fix for AvailableCoins function, prevents immature coins usage;
  • Mac OS X compatibility issues resolved, from now we publishing official Mac OS X 64 bit builds also;
  • New genesis block for testnet.

Update should be performed before 20 June 2013.

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