Successful Hardfork 7
Last week on December 23rd, 2020 the Safex Blockchain crossed block number 605,700 and the marketplace application took hold as Hardfork 7 became the leading version across the network.
Due to our extensive preparations, this hardfork luckily crossed over smoothly more than we expected and imagined. All mining pools promptly upgraded, and many node operators have updated.
If you are tuning in just now, you can find the downloads for the Safex Blockchain Full Node and the CLI Wallet as well as the Wallet RPC the link below, for Mac OSX, Windows, and Linux.
After nearly 14 months of development, and dozens of live testers together we launched this baby, and the first nearly 1000 accounts have been registered.
*taken from safex.ninja that has daily updates on metrics from the safex blockchain marketplace.
Here are the metrics for using Tokens on the Blockchain:
25,000 SFT is the minimum to Stake
Staking will lock up SFT for minimum 8,000 Blocks (10 days)
Unstaking receives you any SFX generated from the marketplace activity in 1000 Block Intervals
An account requires to stake 1,000 SFT and they will be locked for 22,000 Blocks (30 days)
The first sale took place by user: safexdallyshalla and it was purchased by Brian Dordevic in this historic and iconic transaction:
The first offer published:
Orbiter Wallet v2
The Orbiter Wallet v2 continues to operate for sending and receiving coins; however, since it is built with the previous hardfork, it does not recognize the blocks after the hardfork 7 so it will show that it is still on block 605,700 (605,701 if starting count from 1 not 0)
We plan to release a simple send/receive wallet to replace this one; however, it continues to operate normally otherwise.
Keep in mind, that the
loading.. text is where the price feed ought to be; however, the coingecko.com price feed is temporarily lost at the moment.
What remains to release in the Epoch is the TWM Wallet. This comes with an accompanying API that loads the curated list of products, and also houses the server for being able to sending shipping information to registered merchants.
After the hardfork, the team took the time to enjoy Christmas activities, and the weekend to get rested for the upcoming release of the TWM Wallet.
This week we are in a sprint to set up the infrastructure and release the TWM Wallet.
Mining Pool Improvements
Included in Hardfork 7 is an update to the miner block reward transaction. When fees are collected in the block reward it would cause some glitching that prevented the mining pools from easily sending transactions without performing a
sweep_unmixable action, or forcing the payment from the pool to be done with a ring size of 1. With the improvement the fee reward is separated from the block reward so no longer will there be this potential lag or extra steps for the mining pool operators.
We’re dealing with the circumstances on twitter, in the meantime you can follow twitter.com/dallyshalla
for real time updates from Daniel.
We also encourage you all to utilize this forum and to notify others out there to tune into the discussions here.
Latest Blog Article at safex.org/blog
Blockchain Technology: The Solution for Data Privacy?
We’ve also published the latest blog post discussing the nuances that Blockchains play in the role of privacy.
With these epic milestones around us, we will take the next weeks to plan the future of our software activities, community, and proliferation.
Thank you all for being a part of this incredible journey and development.
We wish you all a Happy New Year and an Epic 2021 to ensue!
The Safex Development Community