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Lyra2 Mining switch: Update your wallet-CN

By 十一月 7, 2016 No Comments

On block 500, Zcoin will be switching it’s Proof of Work algorithm to Lyra2, a much more ASIC-resistant mining algorithm. The parameters for Lyra2 are as follows:

Lyra2(T=2,R=Block_Height,C=256)

Developing an ASIC for this would typically hundreds of millions of dollars. The Lyra2 mining algorithm is much more CPU friendly for mining.

First, turn off your old Zcoin wallet by running:
sudo killall zcoind
sudo killall zcoin-qt

Then, please download the lastest code or binary files from:
https://github.com/zcoinofficial/zcoin/releases

Re-compile the code as per the instructions in the README

If you run into any issues, please comment on Slack.