The SmartCash community has been eagerly waiting for the 1.2 release which promises fixes for several issues and introduces a few enhancements to make using #smartcash less complicated. Published in an article titled A Look Ahead to Great New Features Present in SmartCash v1.2 details were given of what to expect.
This is a look into the new features, bug fixes, and improvements coming in the soon-to-be-released SmartCash Core V1.2. This is what runs the node infrastructure for the SmartCash Payment Network and cryptocurrency. The release date is expected to be before July 25th, 2018.
https://smartcash.blockchainlibrary.org
In my post I aim to list all of these in a short read
What to Expect:
- Release Date: Before July 25th 2018
- SmartRewards will now be calculated from the #SmartNode
- SmartNodes and new coins will be created directly on the blockchain using “coinbase” transactions and sent directly to eligible addresses
- SmartRewards will no longer accumulate in the dedicated SmartReward address for later disbursement
- SmartRewards will be mined at the point it is paid to our various addresses. This is all on the blockchain, less human intervention and automated.
- SmartNodes payment will be more frequent
- SmartNodes initial wait time - currently 22+ days - will be reduced potentially to 7days
- SmartNode period of grace, currently 1 hour, will be increased
- SmartNode payments will go through more validation
- Faster syncing will be implemented for the #SmartCash full desktop wallet
- More SmartHive addresses have been created, an increase from 3 to 6: more decentralized control of the funds
- SmartCash is “deforking” from Zerocoin - ZeroCoin privacy features and protocol is completely disabled at the protocol level
This is great news and full of immediate benefits to everyone. I expect to see our SmartNode numbers increase as the issues of frequent payment and initial wait time are improved greatly.
I just found this wonderful illustration created by @Somnium. It clearly captures my thoughts on the achievements and significant progress the #smartcash development team has made on 2018's RoadMap.
The SmartCash developer team is right on course with every major milestone, to celebrate I have created this fun space themed roadmap, please share and enjoy!
https://twitter.com/SmartCashOz
Other Expected Features
As you all know #smartcash has a decentralized team of developers working on various feature. Apart from Release 1.2 features, some other features have being tested and close to being released. They include :
- SmartCash Electrum wallet : A light wallet which does not require you to download the blockchain
- SmartCard: A smartcash payment card and tool for merchant adoption.
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Thank you for visiting me. Which of these features are you most excited about? I think for me long term would be the #smartnode changes. Let me know what you think. Please leave a comment, upvote and resteem
My Smart Address: SXYEPzkF9QBsKnyFQwJVdZwe5rJsL94Re9
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