The main purpose of this update is to secure the network making it more efficient, achieve greater decentralization and protect it from the power of multiple mining pools and its asymmetric hashing power.In order to achieve this, it has been added the new and advanced SHA-3 Keccak algorithm for the proof-of-work (POW) and DigiShield, whose technology has implemented a more dynamic retarget system to regulate the mining difficulty. The fork, that will implement these updates, will be activated automatically in block number 46368 and, to do this process, users who have their CREA in the wallet simply need to update it as soon as possible.
UPDATE YOUR WALLETS NOW
So that your CREA can continue to operate correctly in this fork you will need to update all your wallets (Android, Linux, MacOS or Windows) As simple as:
For Linux, MacOS, or Windows:
- If you haven’t done it yet, it is recommended to always keep a copy of wallet.dat in a safe place. File / Save copy of the wallet.
- Download the new QT wallet.
- Install the wallet. (get the installation links here )
For Android:
- Update the app from Google play.
Exchange’s wallets.
All exchanges where CREA is available (Cryptopia, Coinexchange, Novaexchange and Bitgrail) have confirmed that they have updated their wallets to support the new update. In this case you don’t need to do anything.It is possible that the exchanges may leave the wallet in maintenance for some minutes. Creativechain.org does not control the services offered by exchanges so we are not responsible for its management. If you prefer to update your wallet yourself we recommend downloading the new wallet and sending your coins there before the fork.
* We remind you that once the fork is made, it won’t be possible to make transactions to the exchanges from wallets that are not updated. Then, we insist that the update should be done as soon as possible.
*If any user has pending CREA transactions, he must wait until they are completed before the Wallet upgrade.
TESTNET
We have also released a testnet version of the core that is ready for being used.Add this node using the terminal: creativecoin-cli addnode 5.189.152.67 add
TESTNET POOL
Creativecoin [CREA] Testnet Pool Test your mining equipment with the new SHA-3 Keccak algorithm and get ready to activate the update on the mainnet.
Please, read our previous post to learn more about the innovations that will provide this update.