Stohn Coin Embarks on New Chapter with Upcoming V2.1.0 Release
Today, we bring you an announcement that marks a significant milestone in the journey of our cherished Stohn Coin.
We are thrilled to announce that a hard fork has been scheduled to occur at Block 104950. This isn’t just any update; it’s a defining moment in our endeavor to make Stohn Coin a more efficient, reliable, and scalable cryptocurrency.
The key change in this fork is the implementation of the LWMA3 (Linearly Weighted Moving Average 3) difficulty adjustment algorithm. We have chosen this algorithm after in-depth testing and community consultations, recognizing its potential to better stabilize the mining hashrate difficulty.
This implementation is not only about maintaining efficiency and stability in the Stohn Coin network; it’s also about ensuring fairness among miners and preventing potential attacks.
Here’s how the LWMA3 algorithm will contribute to these goals:
- Fairness: The algorithm levels the playing field for all miners by reducing fluctuations in mining difficulty.
- Stability: The LWMA3 algorithm effectively adjusts the difficulty, ensuring the steady creation of blocks and providing a more consistent transaction validation process.
- Security: By stabilizing the mining difficulty, we can significantly minimize potential threats, ensuring that Stohn Coin remains secure and trustworthy.
- Efficiency: Fast and effective difficulty readjustment reduces periods of time with too many or too few miners, leading to a smoother and more efficient network operation.
We implore all miners, full node operators, and wallet service providers to update their software in preparation for this significant change. We will be sharing detailed instructions to help you make a seamless transition as we approach the fork block number.
It’s important to emphasize that this hard fork will not result in a new coin or token. Instead, it’s an upgrade to the Stohn Coin blockchain protocol intended to reinforce our platform and secure the future growth of Stohn Coin.
We owe our progress and evolution to your continued support. We eagerly look forward to this next chapter in our journey, and we promise to keep you informed with updates as we get closer to Block 104950.
As always, we encourage you to reach out to us with any questions or concerns you might have. We are excited to take this step together with our dedicated community.
Here’s to the future of Stohn Coin — a future we are creating together.
Stohn Coin — https://stohncoin.org/
MEDIUM — https://medium.com/@stohncoin
DISCORD — https://discord.gg/BhjA4kXNUc
TWITTER — https://twitter.com/stohncoin
REDDIT — https://www.reddit.com/r/StohnCoin/
EXPLORER — https://stohnexplorer.com/