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@BLOCXTECH BLOCXTECH released this 23 Jan 17:00
· 14 commits to main since this release
v3.0.0
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BLOCX. - Release Notes (Version v3.0.0)

We are thrilled to announce the release of the latest version of BLOCX. This version marks a significant step forward in our commitment to enhancing the functionality and overall experience of our blockchain network. Below is a summary of the key changes in this release:

1. Implementation of MN Tier System

  • Standard Masternode (Collateral: 100,000)
  • Lite Masternode (Collateral: 10,000)
    • Activation: These changes will become active from block height 87,500.

2. Governance Quorum Modification

  • A modification in the governance quorum requirements has been implemented to improve decision-making efficiency.
    • Activation: This modification will be active from block height 87,500.

3. Block Time Adjustment

  • Block time has been adjusted to 1.5 minutes (from the previous 3 minutes), aiming to enhance transaction processing speed.
    • Activation: This adjustment will take effect from block height 87,600.

4. New Reward Distribution

  • An updated reward distribution mechanism aligns with the evolving needs of the network.
    • Activation: This new mechanism will start from block height 87,500.

5. Removal of CoinJoin

  • The CoinJoin feature has been removed to streamline transaction processes and improve network efficiency.

Important Notes:

  • Mandatory Upgrade: All network participants are required to upgrade to this latest version.
  • Database Reset and Sync: Users are advised to delete the old database and sync the daemon or QT wallet from the beginning.
  • Bootstrap Option: For convenience, a bootstrap file is attached with this release, which can be used to speed up the initial synchronization process.
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