[DESCRIPTION]
Zetacoin (ZET) was introduced as a truly innovative cryptocurrency, based on Bitcoin and designed to combine transaction speed and ease-of-use. Zetacoin is a transparent, open-source network, in operation since August 3, 2013 and created by a team of anonymous developers. The original “Legacy Zetacoin” blockchain was based on SHA256 and featured ultra-fast block times, resulting in significant inefficiencies. The project was abandoned in 2018 with a small group of enthusiasts and hobbyists maintaining it. In late 2021, after a community consultation and a month-long Q&A period, the project successfully transitioned to a Scrypt-based, hybrid Proof-of-Work (PoW) and Proof-of-Stake (PoS) code that addresses the inefficiencies of the original chain and ensures long-term sustainability. In addition to burn-based reduction in total coin supply, the new code upgrade limits annual supply of new ZET to <50,000 coins.
[MANDATORY UPDATE]
New in Zetacoin v0.14.1.3-2021-network-rollout:
- Added checkpoints, up to block 731,001
- Block reward remains as follows: [a] PoW - From 1.0 per block to ~0.1 per block (based on dedicated supply-demand analysis to optimize supply vs. demand) [b] PoS - This is a new feature and is intended primarily to maintain and secure the blockchain in the absence of PoW activity The fixed PoS reward is set at 0.0625 ZET
- Minor bug fixes identified during the compilation process
- Added initial seed info / servers to help ensure wallets auto-populate IP connections
- Updating wallet graphics to make the feel more customized / original!
- Updated all namespace information throughout the code (e.g., "9..." address nomenclature)
Node lists can be pasted into your zetacoin.conf and are available at:
https://ewmci.info/ continues to develop the Zetacoin protocol. More information available at links below: Website: https://zetacoin.io Discord: https://discord.gg/TmjWPXP Reddit: https://www.reddit.com/r/ZetacoinCommunity New updates are added to the original Zetacoin code here on GitHub: http://github.com/EWMCI/ZetacoinE