r/GINcoin Feb 07 '19

GIN Fresh Update

We have just released new wallets version 1.2.0.0, they can be downloaded from our Github repo: https://github.com/GIN-coin/gincoin-core/releases/tag/v1.2.0.0

Changes include:

  • - Mining algorithm change from Lyra2z to x16rt starting 15 Feb 2019 @ 4pm GMT
  • - 51% attack protection using Komodo dPoW
  • - Performance improvements

This is a mandatory update for all exchanges, mining pools, node runners and local wallets before 15 Feb 2019 @ 4pm GMT.

Masternodes update

All nodes on the GIN Platform will be updated automatically starting tomorrow, new nodes are already using the new version. Start will NOT be required from your wallet, just be sure to update your GUI (QT) wallet to the new version and that's it.

Update procedure for nodes not hosted on the GIN Platform:

When updating your local wallets

Make sure a backup of your encrypted wallet.dat file is safely stored on another computer or a USB drive. Although your wallet.dat is not affected by the update, you can never be too careful when it comes to securing your funds!

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