Decred urge users to upgrade to v1.7
Hassan Maishera - Cryptowisser
The Decred team has urged its users to upgrade to v1.7 at their soonest convenience. While announcing this latest development on Twitter, the team said the new version will enable 4 consensus votes and result in a hard fork should any of them pass. Furthermore, miners that didn’t upgrade by February 21, 2022 will have their rewards reduced to zero.
Decred is a hybrid blockchain featuring both Proof of Work (PoW) and Proof of Stake (PoS). 60% of block rewards go to PoW Miners, 30% go to PoS ticket holders, and 10% of block rewards go to fund the team treasury.
DCR, the native token of the Decred ecosystem, is down 1.17% so far today and is currently trading at $67.1.
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