BLACKCOIN, HQ – May 23, 2017 –Blackcoin announces the release date of their much-anticipated software update via their official Twitter channel @Coinblack. The update will incorporate Blackcoin's own open source code development with Bitcoin core technology including key components from Bitcoin Core version 0.12. Making Blackcoin Lore the first proof of stake [POS] digital currency to implement such technology and is expected to improve the overall performance of Blackcoin in a variety of ways.
One key historic use case for Blackcoin is its fast transfer and verification speeds. With Lore these speeds improve, reducing verification times by 50% and up to a maximum of 5x faster than the previous version under certain conditions. Of late, wallet synchronization times have ballooned from several hours to up to a day or more. The update will address this inconvenience by markedly reducing blockchain synchronization time which is hoped to greatly improve user adoption. POS 2.0, previously at the core of Blackcoin’s technology, has been completely renovated and replaced by Blackcoin POS. Advancements in security, stability and the elimination of bugs such as heartbleed are all key components to this update.
About Blackcoin:
BlackCoin is the original proof of stake based digital currency and offering lightning fast transfer speeds on a transparent, peer-to-peer distributed, decentralized public ledger. Blackcoin was created in 2014 and is accepted and traded on more than a dozen online exchanges.
Special thanks to : Janko33 , True-Gritt , J.Bouw , and all involved with this project.
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