You may have noticed how quiet we have been about GrainCoin lately. Even though we featured GRAIN in our first (and only) issue of Crypto Monthly, things unfortunately went downhill from there. But things might be looking up again.
For those of you unaware, GrainCoin was originally based off a very old version of NovaCoin, which, down the line, caused some major issues that aren’t as easy to fix as you would think. The biggest problem is with the blockchain.
One of the major gripes everyone has with any Crypto, not just GrainCoin for that matter, is when you have to sync the blockchain for the first time, and it takes hours. I’m not kidding you, currently it takes 7 hours or more to fully sync the GrainCoin client from scratch.
Granted, there are over 600,000 blocks that need to checked and downloaded, but still, 7 hours is completely unacceptable. Luckily, the new developer, bee7, has implemented a lot of fixes for the protocol, and testing is currently underway.
Currently, the GrainCoin client startup time (without syncing) is reduced from a few minutes to a few seconds, whichs a major improvement in its own right. This is achieved thanks to some updates applied to the block index loading time.
Another big issue for GrainCoin was the fact that Proof-of-Stake created a fairly large amount of orphan blocks. On top of that, there was a bad response time from the wallet while staking. These issues were also addressed and appear to be fixed (during testing).
As of right now, the GrainCoin hard fork is scheduled to take place on June 1st at midnight GMT That’s just little over a day away from now, which would be amazing. I really want to see GRAIN get back on track to be honest.
GrainCoin donations are welcome to : 9Pm2Z42dn89rGA4peZjnoUw2Qhr4BaabWk