We Now Facilitate Payout to TEX Addresses
As the cryptocurrency ecosystem progresses, the demands for transactional clarity and adherence to regulations are also changing. Recent advancements have resulted in the implementation of ZCash TEX addresses, notably as a reaction to heightened regulatory examination. Platforms such as Binance and additional exchanges have begun mandating transactions from transparent addresses, encouraging the use of TEX addresses that are solely compliant with such transactions.
ZCash TEX addresses are specifically designed to only receive funds from Transparent Addresses, prohibiting transfers from Shielded Addresses. This necessitates that users initially convert funds from Shielded to Transparent Addresses prior to sending them to a TEX address. The rollout of TEX addresses (as outlined in ZIP 320) is intended to address exchange stipulations without entirely compromising user confidentiality. This shift towards TEX addresses is driven by growing regulatory expectations for increased transparency in transactions, particularly from exchanges like Binance that may consider delisting cryptocurrencies not adhering to these standards.
Do ZCash TEX addresses diminish privacy? For users who prioritize confidentiality and are already utilizing Shielded Balances, the repercussions are negligible. Our ZCash Wallet’s architecture aims to limit privacy erosion and prevent tracking via metadata, though these addresses do heighten the possibility for node operators to link transaction data.
Is ZCash still adhering to regulations with TEX addresses? Although TEX addresses align with existing regulatory requirements without notably compromising privacy, they represent merely the initial phase of possible regulatory alterations that could further impact confidentiality. The future of ZCash may increasingly focus on decentralized exchanges and wallets, which our ZCash Wallet will continue to support.
Node Enhancements
Zcash (ZEC) v5.10.0
The most recent update for Zcash introduces backing for Network Upgrade 6 (NU6) on Testnet, with an anticipated upgrade required shortly for Mainnet. This update also refines RPC method handling and boosts platform compatibility by discontinuing support for obsolete operating systems, such as Debian 10, which no longer fulfills our security criteria. Additionally, security patches addressing recent vulnerabilities identified by the Bitcoin Core security group have been incorporated to enhance node protection.
Horizen (ZEN) v5.0.4
This update prolongs the deprecation height of prior versions, ensuring a seamless transition for users to newer, more secure iterations of the node software. It’s vital for all nodes operating on Mainnet to update before the designated deprecation block height to preserve network integrity and security.
Ergo 5.0.22
Ergo’s update improves query functions for blockchain transactions and rectifies duplicates in transaction outputs, thereby enhancing the reliability and precision of data retrieval within the network.
Pyrin Unsuccessful Update
The< p > The Pyrin network was set to undergo a major revision with version 0.14.2.3, formulated to boost network efficiency by accelerating the block rate from 1 block per second to 10 blocks per second. This ambitious enhancement was aimed at improving network throughput and scalability, accommodating a larger volume of transactions while minimizing latency for Pyrin participants.< /p >
< p > Regrettably, the update did not unfold as anticipated. Although all mining pools transitioned to the updated version, the network encountered profound stability problems. The swift increase in block speed resulted in numerous chain splits, demonstrating a lack of consensus among the nodes. This led to continual disputes regarding the legitimate chain, fragmenting the network and bringing about major disruptions for both users and miners.< /p >
< p >< img loading="lazy" decoding="async" alt="happy_miner" width="1422" height="800" class="alignnone size-full wp-image-3963" data-wp-pid="3963" srcset="https://2miners.com/blog/wp-content/uploads/2022/05/happy_miner.jpg 1422w, https://2miners.com/blog/wp-content/uploads/2022/05/happy_miner-300x169.jpg 300w, https://2miners.com/blog/wp-content/uploads/2022/05/happy_miner-1024x576.jpg 1024w, https://2miners.com/blog/wp-content/uploads/2022/05/happy_miner-768x432.jpg 768w, https://2miners.com/blog/wp-content/uploads/2022/05/happy_miner-1200x675.jpg 1200w" data-lazy-sizes="(max-width: 1422px) 100vw, 1422px" src="https://2miners.com/blog/wp-content/uploads/2022/05/happy_miner.jpg"/ >< img loading="lazy" decoding="async" src="https://2miners.com/blog/wp-content/uploads/2022/05/happy_miner.jpg" alt="happy_miner" width="1422" height="800" class="alignnone size-full wp-image-3963" data-wp-pid="3963" srcset="https://2miners.com/blog/wp-content/uploads/2022/05/happy_miner.jpg 1422w, https://2miners.com/blog/wp-content/uploads/2022/05/happy_miner-300x169.jpg 300w, https://2miners.com/blog/wp-content/uploads/2022/05/happy_miner-1024x576.jpg 1024w, https://2miners.com/blog/wp-content/uploads/2022/05/happy_miner-768x432.jpg 768w, https://2miners.com/blog/wp-content/uploads/2022/05/happy_miner-1200x675.jpg 1200w" sizes="(max-width: 1422px) 100vw, 1422px"/ >< /p >
< p > In response, the Pyrin development team took action to revert some of the newly generated blocks to stabilize the blockchain. They reverted to the earlier stable version of the node software (version 0.14.5), which maintains the block rate at 1 block per second. This decision was crucial for restoring operational stability to the Pyrin network.< /p >
< p > At present, the network is functioning well and mining activities are ongoing. Miners are encouraged to stay vigilant for notifications about new updates that will integrate insights gained from this incident.< /p >
< h2 >< span id="Karlsen_and_KASPA_Reward_Reduction">Karlsen and KASPA Reward Reduction< /span >< /h2 >
< h3 >< span id="Karlsen_KLS_Reward_Reduction">Karlsen (KLS) Reward Reduction< /span >< /h3 >
< p > In accordance with the Karlsencoin Tokenomics, the block reward for Karlsen has been diminished from 41.60 KLS to 40.45 KLS as part of our emission timetable.< /p >
< h3 >< span id="KASPA_KAS_Reward_Reduction">KASPA (KAS) Reward Reduction< /span >< /h3 >
< p > Consistent with the KASPA EMISSION SCHEDULE, the block reward has been lowered from 97.99 KAS to 92.49 KAS. We encourage miners to adjust their strategies accordingly.< /p >
< p >< img loading="lazy" decoding="async" alt="miner" width="1422" height="800" class="alignnone size-full wp-image-3081" data-wp-pid="3081" srcset="https://2miners.com/blog/wp-content/uploads/2021/03/miner.jpg 1422w, https://2miners.com/blog/wp-content/uploads/2021/03/miner-300x169.jpg 300w, https://2miners.com/blog/wp-content/uploads/2021/03/miner-1024x576.jpg 1024w, https://2miners.com/blog/wp-content/uploads/2021/03/miner-768x432.jpg 768w, https://2miners.com/blog/wp-content/uploads/2021/03/miner-1200x675.jpg 1200w" data-lazy-sizes="(max-width: 1422px) 100vw, 1422px" src="https://2miners.com/blog/wp-content/uploads/2021/03/miner.jpg"/ >< img loading="lazy" decoding="async" src="https://2miners.com/blog/wp-content/uploads/2021/03/miner.jpg" alt="miner" width="1422" height="800" class="alignnone size-full wp-image-3081" data-wp-pid="3081" srcset="https://2miners.com/blog/wp-content/uploads/2021/03/miner.jpg 1422w, https://2miners.com/blog/wp-content/uploads/2021/03/miner-300x169.jpg 300w, https://2miners.com/blog/wp-content/uploads/2021/03/miner-1024x576.jpg 1024w, https://2miners.com/blog/wp-content/uploads/2021/03/miner-768x432.jpg 768w, https://2miners.com/blog/wp-content/uploads/2021/03/miner-1200x675.jpg 1200w" sizes="(max-width: 1422px) 100vw, 1422px"/ >< /p >
< p > All modifications are now reflected in our < a href="https://2cryptocalc.com/">2CryptoCalc< /a > for precise mining profitability assessments.< /p >
< p > Keep in touch with us via < a href="https://x.com/pool2miners">X< /a > and join our < a href="https://t.me/chat2miners">Telegram miner community< /a > for the most recent updates and assistance. Your success in mining is crucial for us, and we are dedicated to supporting you at every stage of the process.< /p >
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< br > < br > < a href="https://2miners.com/blog/august-2024-work-progress-report-zec-new-address-type-node-updates/">Source link < /a >
