Vertcoin (VTC) Pre Release 0.14.0-rc1 - Lyra2REv3 main network hard fork
This pre-release contains the proposed upcoming Vertcoin main network hard fork to the new Lyra2REv3 mining algorithm at block 1080000 in order to rid the network of the current generation of Lyra2REv2 ASICs and FPGAs. It also contains the hard fork for the test network which already occurred at block 158221. The related pull request is here: #72. The difficulty will be forced down to
0x1b0ffff0for 10 blocks after the fork before the usual KGW difficulty adjustment algorithm kicks in again to prevent the network from stalling due to the large expected decrease in network hashrate post-fork.
While we cannot force you to upgrade and support the hard fork, we believe it's in the community's best interest to do so, and the developers will not be supporting the old chain. If you do not upgrade you risk loss of funds by transacting on the old and unsupported chain. Thus this should be treated as a mandatory upgrade.
The update also includes a working regression test mode, some UI fixes and an update to the set of DNS seeds.
As always, back up your wallet prior to upgrading.
The binaries are signed with my PGP key.