New Proposal Approved on HC Autonomy

Hcash mainnet to be upgraded at block height 216,666

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Following the release of the latest version of the proposal to deploy HAILP on Hcash mainnet and adjust block rewards, a lot of Hcash community members participated in the voting. As of 11 am on 31st July (UTC+10), 34,052 votes have been cast on the proposal, accounting for 69.68%, exceeding the required 51% voter turnout. Among them, 32,589 votes (95.7%) were in favor of the proposal, exceeding the 75% approval rate required for the proposal to pass.

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Therefore, the new proposal has been approved in advance. The mainnet is to be upgraded at block height 216,666. This is estimated to occur at 16:00 on the 16th of August 2019 (GMT+8).

Note: Users, PoS miners, AInodes, Exchanges, and wallets should upgrade all HC programs (i.e. hcGui/hcd/hcctl/hcwallet) to V3.0.0 before the block height reaches 216,666 to avoid unnecessary mining losses or HC deposit/withdrawal suspension.

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