QRL Mainnet Version 3 (codenamed Cesium) hard fork has been successful!
25th February 2022
Highlights
We’re pleased to announced that the QRL Mainnet Version 3 (codenamed Cesium) hard fork has been successful!
This mainnet release is the result of QRL Improvement Proposal #16 (QIP-016) which proposed to reduce QRL emissions in order to improve the network. As part of the QIP process, many of the positive and negative considerations were discussed at length before being put to our first on-chain vote resulting in the QIPs approval. The final determination can be found on the QIP GitHub discussion page.
Specifically, this hard fork implements an emission reduction by a multiplication factor of 0.4x of the per block coinbase reward starting at the hard fork block height of 1,938,000, which had an estimated datetime of 2022-02-25 12:30 UTC and successfully completed about 10 hours ahead of schedule at 2022-02-24 2:42 UTC.
We would like to thank everyone who participated in the worlds first post-quantum secure on-chain vote to help put this hard fork into motion, and are happy to share in the journey as we take one step closer to truly decentralized governance.
Want to learn more?
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Want to dig into our audited, MIT open-source, enterprise-grade codebase? Check out our github at: https://github.com/theQRL/QRL/
25th February 2022
