I am happy to announce the release of Merit Core 0.6.0!
This release contains the new Proof-of-Growth and Invite distribution algorithms affectionally known as PoG2.
There will be a hard-fork on block 334750 which happens Around Fri, 17 Aug 2018 09:14:00 +0000
This upgrade is only for those running Merit Core. Those running the Desktop Wallet do not need to download this.
Download the latest release here: https://www.merit.me/technology/#get-core-client
Direct Windows Link: https://github.com/meritlabs/merit/releases/download/m0.6.0/merit-0.6.0-win64-setup.exe
Direct Mac Link: https://github.com/meritlabs/merit/releases/download/m0.6.0/merit-0.6.0-macos.dmg
We will provide more detailed info in the coming days about the changes but here is a short bullet list.
New Proof-of-Growth Algorithm
- Better Ambassador rewards.
- More people should see more considerable ambassador rewards.
- A balance between growing the network and holding stake.
- New Metric called the Community Growth Score (CGS).
- Community Growth Score depends on.
- Your Network Growth.
- Your own Stake.
- Age of the Coins in your network.
New Invite Distribution Algorithm
- Invites are Airdropped in 3 different ways.
- 50% awarded based on your CGS.
- 40% awarded to new addresses (Max 1 per address).
- 10% awarded to random addresses.
- 1 out of 10 blocks an invite is awarded to a miner.
- Minimum of 144 invites airdropped per day. Grows as needed.
- Number Airdropped based on overall growth, more growth means more invites generated.