It’s time for some more crypto news, wouldn’t you agree? There have some interesting things going on with SYNC, a very limited cryptocurrency we did an article on a while ago. Let’s take a look at what you might have missed.
Originally, the SYNC Proof-of-Work phase was supposed to end between yesterday and today. When that happened, however, the blockchain got stuck on a block, and thus no Proof-of-Stake rewards could be generated.
In order to fix this issue, the SYNC developers had extended the Proof-of-Work phase with another 1,000 blocks, so the coin could transition a lot smoother to its Proof-of-Stake phase. An interesting solution to say the least!
A word of warning though, these extra 1,000 blocks did NOT generate additional coins, This change also lead to a mandatory SYNC client update, so if you haven’t upgraded yet, you might want to do so as soon as possible.
As a result of the mandatory client, SYNC trading is currently frozen on the BitTrex and MintPal exchanges. Trading should be resumed shortly though, as they have received the updated code from the developers.
Make sure to upgrade your SYNC client as soon as possible if you haven’t yet!
SYNC donations are welcome to : Sc7mJ7pbLVULYzXcxNWSQp7d9BjPnevnBf