Prioritizing Early Investors' Concerns Concerns arose from early investors about competition with older hardware once the mining platform opened to a broader audience. The team prioritized community feedback and decided to revert back to custom miners, which would help maintain control over miner distribution and protect against large mining pools dominating revenue streams. This decision aims for sustainable blockchain development while ensuring decentralization and network security.
Adopting Enhanced Mining Algorithms The transition back to custom miners involves using an upgraded algorithm called kak 256, enhancing efficiency and security compared to previous versions like SHA-256. Custom miners will only mine on their specific block DAG structure, limiting compatibility but providing better protection against potential attacks during initial phases of chain growth. This approach allows more controlled expansion of the network's infrastructure.
Leadership Transition: New CTO Introduction Jeremy Harness introduced himself as the new CTO focused on advancing Block DAG technology through his extensive background in AI, blockchain, data science, electronic engineering, and manufacturing. Phase one of deployment has been completed successfully with valuable insights gained from alpha testing that confirmed design choices related to scalability and security requirements for decentralized platforms.
Successful Completion of Alpha Testing Phase Phase one completion laid a strong foundation by validating core architecture via real-world conditions tested in an alpha test net involving over 80 third-party nodes contributing crucial metrics regarding stability & performance issues such as transaction processing times were addressed systematically based on user feedback received throughout this phase leading towards optimization efforts moving forward into phase two developments ahead
'Security remains paramount; thus we expanded our DevOps Team focusing heavily upon automation processes alongside rigorous internal audits currently underway assessing vulnerabilities within system infrastructures before engaging external auditors who provide objective evaluations reinforcing confidence among stakeholders',' title':'Strengthening Security Measures Through Audits'
'Development is already progressing toward beta testing incorporating advanced features aimed at improving functionality including enhanced smart contract capabilities along improved UI/UX experiences targeting both developers end-users alike aiming launch earlier January showcasing full potentials available under current frameworks established previously',' title':'Advancing Towards Beta Test Net Launch'
'Transparency continues being emphasized through upgrades made Explorer allowing users detailed visibility across transactions node interactions facilitating understanding underlying mechanisms driving operations behind networks structures enabling deeper engagement between participants involved ecosystem overall ',' title':'Enhancing Transparency With Upgraded Explorer Features'
'Community involvement plays critical role shaping future direction initiatives launched include grants program allocating $30 million supporting projects building around DeFi stablecoins etc., hackathons encouraging innovation fostering collaboration amongst builders creating vibrant ecosystems powered by Block Dag technologies,' title': 'Empowering Community Builders Through Grants And Hackathons '