Proof of Stake’s security has proven itself over years of testing. Advances in this technology in Impleum’s Proof-of-Stake 3.0 have solved the issues faced with Coin-Age, Block Reward and Blockchain Pre-computation The protocol is robust and keeps nodes connected to the network. It disincentives inactive nodes. In this paper we will highlight and outline the advantages […]
Abstract The current Proof of Stake protocol has several potential security issues: coin age can be abused by malicious nodes to gain significant network weight to perform a successful double spend. Additionally, due to coin age, honest nodes can abuse the system by staking only on a periodical basis. This does not secure the network. […]
There is a mandatory update for the Impleum QT wallet to v1.1.0.12 https://github.com/impleum/ImpleumQt/releases/tag/v1.1.0.12 The wallet includes the following: Add testnet nodes, add checkpoint, fix calculation, version up. Fix PoW reward error on block 75000. You need to update your wallet to version 1.1.0.12. These wallets will support valid chain.