DAPS Hard Fork Update

DAPS Hard Fork Update

Hello #DAPSFam,

Just an update mainly for the PoA Miners out there, but ultimately affecting the whole DAPS chain. DAPS will have its first Hard Fork to fix the issue with PoA blocks no longer being able to be mined.

We put together some Frequently Asked Questions below:

What is a hardfork?

A hard fork (or hardfork), as it relates to blockchain technology, is a radical change to a network’s protocol that makes previously invalid blocks and transactions valid, or vice-versa. A hard fork requires all nodes or users to upgrade to the latest version of the protocol software.

From https://www.investopedia.com/terms/h/hard-fork.asp – see their link for a more detailed explanation. Some great information.

Do I get any extra coins?

No, unlike a fork similar to BTC/BCH where you ended up with the same amount of BCH as you did BTC, this Hard Fork is only to correct an issue with the DAPS chain.
No new coins are produced, the chain is just required to fork itself one way.

What happened and why do we need to do it?

Due to the recent upgrades of the network, many users did not update to the mandatory release. This caused some minor forking and allowed for a forked PoS block to be incorrectly audited in a PoA Block (#719456)

How is this different from any previous DAPS forks?’

Rewards catch up:
As the last PoA block mined was at Block #719456 – that leaves over 15,000 PoS Blocks to be audited in the coming days. How does that stack up coin wise? We’ll do some math below to let you know.

Current block height as of this writing: 782916
Subtract the last PoA block mined: 719,456
Total number of PoS blocks to be audited: 712
Max number of PoS blocks that can be audited per block: 120
The approximate number of PoA blocks per day: 24

So to get our math, we will do:

805,000 (approximate height at fork time)

– 719,456 (last PoA block)

85,544 (total PoS blocks to be audited) / 120 (Max PoS blocks for an audit) = approximately 712 PoA blocks to catch up the chain.

Number of DAPS coins that equals to: Approx. 8,544,000 DAPS (8.5 Masternodes)

What do I need to do?

Just upgrade as normal. It’s that simple. The code will take care of the fork for you. Stay tuned for the release.