We try to follow up some bad news with some good news. Even though this good news is a direct result of bad news involving SummerCoin, it does look like it will all be turning out okay with this mandatory wallet update.
When SummerCoin entered its Proof-of-Stake phase, a few people noticed that there seemed to be something wrong with the staking process. Even though there were no orphaned Proof-of-Stake blocks, the percentages didn’t add up.
After the SummerCoin developer took a closer look at the code, it was confirmed that Proof-of-Stake wasn’t broken, but not working properly either. With the days of 10% stake daily on the horizon, a fix was in order.
And so the SummerCoin developer delivered exactly that, in the form of a mandatory SummerCoin client update, which fixes the Proof-of-Stake issues. As of block 17,000 ; we will see 10% stake per day if the coins have the correct minimum age.
SummerCoin Donations can be sent to : STQbNjVcJSGC9pVedTzRsUbVPaJjRtSSgV