Alright it’s time to push out as much news as possible today in a very short span of time, because Belgium is playing in the World Cup this evening. BurnerCoin has a mandatory client update, so let’s take a look at what is changing.
The new BurnerCoin client, available for Windows, Mac OS X & Linux, has to be downloaded before block 13,000 is generated, because some things will change. If you’re still using the old BURN client after that block height,your generated blocks will be invalid.
– The number of transaction confirmations on the BurnerCoin network is currently set to 110, both for mining and staking. This number will be decreased to 20, in order to massively speed up the network.
– The Proof-of-Work cutoff block will be shortened to ensure the amount of coins mined is as close to 2 million BURN as possible. BurnerCoin mining will end at block 13,000 ; hence why everyone needs to update their client before that block.
– The Proof-of-Stake interest rate is currently set to 25%. A lot of BurnerCoin community members agreed this was way too high, and the developers listened. The new annual interest will be 5% after block 13,000.
You can find the BurnerCoin client upgrade links here :
BurnerCoin donations are welcome to : BJv5E78NYrrrYbwuaX8DsCh6YdJ8sAYHHu