Home / Announcements / NIX ‘s Lead Developer; Matthew Tawil: We recently announced…

NIX ‘s Lead Developer; Matthew Tawil: We recently announced…

NIX ‘s Lead Developer; Matthew Tawil: We recently announced that we were working on making the transition to a trustless Leasing Proof of Stake consensus model to allow for third-party staking services on the network.

We also informed you we were working on a new fee distribution system with the goal of equally distributing Ghost Protocol fees among all active Ghostnodes.

Significant progress has been made to this effect and I’m happy to announce the release of NIX Core QT v2.2.0.

This is a mandatory update and includes:
• Transition to LPoS / Cold-Staking at block 115,921
• Merchant parameters to control contracts
• QT LPoS Contract Manager
• Ghostnode fee pooling
• Staking age from 500 > 200 at block 115,921

To clarify, this is a mandatory update prior to block 115,921, so please download v2.2.0 here https://bit.ly/2QhAN7e

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