Its Official. Waltonchain's Mainnet is now LIVE and Open Source

Source: https://twitter.com/Waltonchain/status/1134051828465713153Dear Waltonchain supporters,Following the release of Fully Operational Waltonchain Mainnet and the start of community mining, today we officially announce the open source of Waltonchain mainnet.We publish the source code of the fully operational mainnet and the cross-chain source code. The source code is already public and can be downloaded at GitHub: http://bit.ly/2KelE28. Previously, to ensure the safety of the mainnet, Waltonchain team invited community members to participate in mainnet testing. It also invited the third-party auditing firm Knownsec to audit the safety of the parent chain. Users can download and use the code safely. Waltonchain team is now coordinating the token swap with exchange platforms. For the specific token swap plan and timeline, please stay tuned for Waltonchain’s official announcement.In addition, the PoW + MN reward program on the Fully Operational Waltonchain Mainnet has been changed.PoW + MN Reward ProgramThe total PoW + MN reward pool is 25,000,000 WTC. The reward paid out for 550,000 blocks mined on the WTCT network will be deducted from the reward pool. Starting from the release of the fully operational mainnet, the PoW + MN rewards for each block reduce by 25% every two years. See the details below:Year 1–2: 2.5+0.5 = 3 WTC (PoW reward: 2.5 WTC; MN extra reward: 0.5 WTC).Year 3–4: 3 × 0.75 = 2.25 WTC (PoW reward: 2.5 × 0.75 = 1.875 WTC; MN extra reward: 0.5 × 0.75 = 0.375 WTC).Year 5–6: 2.25 × 0.75 = 1.6875 WTC (PoW reward: 1.875 × 0.75 = 1.40625 WTC; MN extra reward: 0.375 × 0.75 = 0.28125 WTC).The above rule will be followed until the total of 25,000,000 WTC is mined completely.Waltonchain makes its source code public aiming to provide a more open development environment for community users and developers, attract global quality developers to optimize the mainnet functionality, bring a new digital life and realize the Value Internet of Things.Waltonchain TeamMay 30, 2019​​http://bit.ly/2JLunK3

Submitted May 30, 2019 at 06:05PM

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