Proof-of-Work Algorithm Change

The core development team has observed the fact that the network hash rate has climbed substantially over the last few weeks. Luckily, the hashrate has remained rather decentralized and balanced over the large number of pools that the community operates. However, the significant increase in hashrate has made it more difficult for the project to meet one of its core goals. To remain mineable for everyone. After careful consideration, we believe it’s once again time to perform a soft fork to a new Proof-of-Work (PoW) algorithm. Continue Reading →