Merit 0.7.0

Welcome from the Decentral Office!

I am happy to report our testing for PoG3 has concluded, and we have released version 0.7.0.

There is a scheduled fork on block 441700 will be this coming Wednesday, October 31th which I dub, the Halloween Release.

We recommend people running Merit Core to upgrade to the latest release as soon as possible.

Whats New

This release is a refinement of PoG2 and therefore won't be as dramatic. The primary changes are.

0. The growth-oriented lottery and SubCGS computation were removed. We found that people were trying to exploit that lottery by faking accounts and removing this lottery eliminates that incentive.

1. The PoG/PoW ratios were changed from 10MRT/10MRT to 15MRT/5MRT. We believe the growth of Merit is important at this time and the growth of Merit is good for everyone.

2. The invite lottery pool will use CGS instead of SubCGS. This change means that those with higher CGS will earn more invites on average. This change also removes another source of incentive for fake accounts.

We feel this is a necessary change to improve the fairness of Merit and reduce the bad behaviors we have seen so far. While not everyone might be happy with PoG3, we believe a fairer approach is better for Merit.

Getting Help

If you discover any issues with this release, we encourage you to submit Issues on the Github repository

You can ask a question on the Merit Slack Channel, the Merit Discord Channel, or visit out Forum

Merit 0.6.5

Welcome from the decentral office!

This release contains a critical bug fix where a block with duplicate inputs can crash a node.

Bug Fixes

• Check for duplicate inputs during block check. (#398)

Features

• Faster RPC calls when returning JSON. (#399)

Getting Help

If you discover any issues with this release, we encourage you to submit Issues on the Github repository

You can ask a question on the Merit Slack Channel, the Merit Discord Channel, or visit out Forum

Merit 0.6.4

Welcome from the decentral office!

This release contains a critical bug fix.

Bug Fixes

• Make sure to not sample pp2sh addresses (#394).
• Check rank for confirmed addresses only (#393).

New Features

• Add getaddresshistory RPC call (#391).

Getting Help

If you discover any issues with this release, we encourage you to submit Issues on the Github repository

You can ask a question on the Merit Slack Channel, the Merit Discord Channel, or visit out Forum

Merit 0.6.3

Welcome from the decentral office!

This release contains a critical bug fix to get past node 348400.

If you are stuck syncing with 0.6.2, upgrade to this release and run

merit-cli reconsiderblock 63e4e87abec668c0bd6c9887b4ab696ed67575444f64579e70daa955a9e2f01d

Bug Fixes

• Fix retrieving correct mean. (ba4c059)

Getting Help

If you discover any issues with this release, we encourage you to submit Issues on the Github repository

You can ask a question on the Merit Slack Channel, the Merit Discord Channel, or visit out Forum

Merit 0.6.2

Welcome from the decentral office!

This release contains a fix for the invite distribution lottery. A miscalculation meant that fewer invites than expected were being distributed.

There will be a hard-fork on block 348400 which happens Sun, 26 Aug 2018 20:15:52 +0000

Bug Fixes

• Fix invite lottery distribution (#389)
• Fix invite lottery winner indexing problem (947541e)

Getting Help

If you discover any issues with this release, we encourage you to submit Issues on the Github repository

You can ask a question on the Merit Slack Channel, the Merit Discord Channel, or visit out Forum

Merit 0.6.1

Welcome from the decentral office!

This is a patch release of 0.6.1 that contains a bug fix for reindexing. In addition, this release contains everything from 0.6.0.

This release contains the new Proof-of-Growth and Invite distribution algorithms affectionally known as PoG2. There will be a hard-fork on block 334750 which happens Around Fri, 17 Aug 2018 09:14:00 +0000

Bug Fixes

Fix reindex invalid block error. (c05d2c7)

Features

New Proof-of-Growth Algorithm

• Fairer Ambassador rewards.
  - More people should see larger ambassador rewards.
  - A balance between growing the network and holding stake.
• New Metric called the Community Growth Score (CGS).
• Community Growth Score depends on...
  - Your Network Growth.
  - Your own Stake.
  - Age of the Coins in your network.

New Invite Distribution Algorithm

• Invites are Airdropped in 3 different ways...
  - 50% awarded based on your CGS.
  - 40% awarded to new addresses (Max 1 per address).
  - 10% awarded to random addresses.
• 1 out of 10 blocks an invite is awarded to a miner.
• Minimum of 144 invites airdropped per day. Grows as needed.
• Number Airdropped based on overall growth, more growth means more invites generated.

Getting Help

If you discover any issues with this release, we encourage you to submit Issues on the Github repository

You can ask a question on the Merit Slack Channel, the Merit Discord Channel, or visit out Forum

Merit 0.6.0

Welcome from the decentral office!

This release contains the new Proof-of-Growth and Invite distribution algorithms affectionally known as PoG2. There will be a hard-fork on block 334750 which happens Around Fri, 17 Aug 2018 09:14:00 +0000

Features

New Proof-of-Growth Algorithm

• Fairer Ambassador rewards.
  - More people should see larger ambassador rewards.
  - A balance between growing the network and holding stake.
• New Metric called the Community Growth Score (CGS).
• Community Growth Score depends on...
  - Your Network Growth.
  - Your own Stake.
  - Age of the Coins in your network.

New Invite Distribution Algorithm

• Invites are Airdropped in 3 different ways...
  - 50% awarded based on your CGS.
  - 40% awarded to new addresses (Max 1 per address).
  - 10% awarded to random addresses.
• 1 out of 10 blocks an invite is awarded to a miner.
• Minimum of 144 invites airdropped per day. Grows as needed.
• Number Airdropped based on overall growth, more growth means more invites generated.

Getting Help

If you discover any issues with this release, we encourage you to submit Issues on the Github repository

You can ask a question on the Merit Slack Channel, the Merit Discord Channel, or visit out Forum

Merit 0.5.6

Welcome from the decentral office! This release increases the size of acceptable transactions.

Features

• Larger transactions can be accepted. (#380)

Bug Fixes

• Fix serialization size for CUnspentAddressKey (#387)

Getting Help

If you discover any issues with this release, we encourage you to submit Issues on the Github repository

You can ask a question on the Merit Slack Channel, the Merit Discord Channel, or visit out Forum

Merit 0.5.5

Welcome from the decentral office! This release has a critical bug fix to get past block 296788.

Bug Fixes

• Fix/anv serialization. #385
• Hot fix for handling ANV numerator overflow. (95eb42b)

Getting Help

If you discover any issues with this release, we encourage you to submit Issues on the Github repository

You can ask question on the Merit Slack Channel, the Merit Discord Channel, or visit out Forum

Merit 0.5.4

Welcome from the decentral office! This release provides faster block syncing and many RPC improvements.

New Features

• Faster sync performance. (#382, #381)
• New getaddressrank and getaddressleaderboard RPC calls. (#363)
• New getrawrefmempool RPC call. (#292)
• Adding data in sendtoaddress RPC call. (#376)
• Better mining stats in getmininginfo RPC call. (#355)

Bug Fixes

• Fix amount parameter in inviteaddress RPC call. (320d48a)

Getting Help

If you discover any issues with this release, we encourage you to submit Issues on the Github repository

You can ask question on the Merit Slack Channel, the Merit Discord Channel, or visit out Forum