XDNA has implemented hard fork

A challenging months are ahead in the world of crypto, so team XDNA decided to adopt and merge requests of investors and technology improvements by implementing hard fork.

This fork will include many changes to maintain sustainable, fast and secure infrastructure secured by masternodes and devoted miners on their own HEX algorithm.

After launching HEX algorithm BitGun level has dropped gradually and it’s way to recovery was not near since mining these days is not so profitable. Having masternode rewards depending heavily on PoW, XDNA team made a change to current BitGun level by adjusting it accordingly:

BitGun level before fork

BitGun level after fork

Block reward values will be gradually decreased, while the reward portion for the masternodes will be increased.A fork will induce the lowering of rewards at all Bitgun levels by 7% per month during a period of 24 months.By the end of this period, the reward on the first level will be 1 XDNA, while the 15 lvl reward will become 20 XDNA.

This measure is aimed at raising the value of the coin, since it will gradually become harder and harder to obtain. The minimal XDNA emission is currently 7 961 400 coins for the duration of 3 years, while the maximal is 155 390 400 coins.

After the above option is implemented, the minimal XDNA emission will be 5071 320 XDNA coins, while the maximal emission will be more than 3 times lower — 66 216 600 XDNA!

Furthermore, the percentage of masternodes part of the block reward will be increased in order to prevent the decline of ROI.

Average emission of XDNA after hard fork

PoW reward per GPU

The new reward distribution is the following:

52% to miners

25% to full MNs

15% to medium MNs

5% to light MNs

2% to XDNA Foundation

1% — to DevFee

XDNA has significantly limit the coin emission thus thwarting the over-saturation of the market and increasing the profit of investors.

There also will be some technical changes:

-Rebalanced MN/miner rewards
-MN voting system fix
-Small GUI fixes

Latest news is that XDNA charity platform is in final stage of improvements and official subdomain is opened: http://foundation.xdna.io/

Links:

Website http://xdna.io/

Bitcointalk https://bitcointalk.org/index.php?topic=4517612

Github https://github.com/XDNA-Core

Official block explorer http://explorer.xdna.io/

Twitter https://twitter.com/XDNA_Official