Impleum’s Proof-of-Stake 3.0 have solved the issues faced with Coin-Age, Block Reward and Blockchain Precomputation. It will be available from the 215 001 block. All Impleum blockchain users need to update their wallets as soon as possible!
We removed Coinage from the equation – “proofhash < coins · target”. The stake modifier is changed at every modifier interval to better obfuscate any calculations that would be made to pinpoint the time for the next proof-of-stake. The expected block time was increased from original 60 seconds to match the granularity.
We allow users to place the block signing key in the output of “6a” known as a burn address so they can stake by sending a standard transaction. This allows any input to be eligible for submission. This gives Impleum a huge advantage for custom staking software, voting and the legendary “Cold Staking“. The “Cold Staking” technique involves multiple computers. Basically when a multisignature input is eligible for staking, the signatures are split up between many computers. This makes an account virtually impossible to hack because even if a single key was compromised, the other keys are in a completely different location either on the local area network or on multiple servers.
Proof of Stake 3.0 has the economic advantage over Bitcoin because it does not waste electricity to generate new blocks, nor does it create unfair competition for new coins. And now with the incentive to stay connected, shareholders get greater benefits across the board.
IMPORTANT!
In order to stay on a valid blockchain, you need to update your Impleum wallet to version 1.1.0.14 by link below:
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I have updated wallet v1.1.0.14, but now my wallet status is always offline, can not connect to the Impleum network. I need help..