The long awaited Digitalcoin V3 is upon us ladies and gentlemen, and it brings a lot of changes to this digital currency. Multiple mining algorithms are supported as of this release, new features have been added to the client, and a hard fork will be occurring. Time to take a look!
The hard fork on the Digitalcoin blockchain has to do with the support for multiple mining algorithms. Once block 1,028,000 is reached, miners can choose to mine using Scrypt (as it is right now), SHA or X11. In order to switch to one of the newly supported algorithms, make sure to edit your Digitalcoin.conf file as instructed here.
The reason for the change to multiple algorithms was announced a while ago, but the process has been sped up a bit because someone with a ton of Scrypt hashpower started mining DGC, thus bringing a security risk to the network. By offering multiple algorithms to mine on, this risk should be diminished fairly soon.
All three mining algorithms will work side by side, and each algorithm’s mining difficulty will be adjusted to be on par with the other two. Regardless of which mining algorithm is used, there should be only one block found every 40 seconds. It will be interesting to see how this will play out once the hard fork has occured.
The fork block will bring another change to the DGC network, as the block reward will be drastically reduced. Whereas each minted block gives a 15 Digitalcoin reward right now, this amount will be lowered to 5 DGC per block.
Make sure to download the new Digitalcoin client here :