This week in GIN — 8th of February, 2019

GIN Platform
2 min readFeb 8, 2019
Shiny and cool. Like the new wallets. (Photo by Tim Mossholder on Unsplash)

New wallets, folks!

We have just released new wallets version 1.2.0.0. They can be downloaded from our website — https://gincoin.io/#wallets!

Changes include:

  • Mining algorithm change from Lyra2z to x16rt starting 15 Feb 2019 @ 4pm GMT
  • 51% attack protection using Komodo dPoW
  • Performance improvements

This is a mandatory update for all exchanges, mining pools, node runners and local wallets before 15 Feb 2019 @ 4pm GMT.

Masternodes update

All nodes on the GIN Platform will be updated automatically starting tomorrow, new nodes are already using the new version. Start will NOT be required from your wallet, just be sure to update your GUI (QT) wallet to the new version and that’s it.

Update procedure for nodes not hosted on the GIN Platform:

When updating your local wallets

Make sure a backup of your encrypted wallet.dat file is safely stored on another computer or a USB drive. Although your wallet.dat is not affected by the update, you can never be too careful when it comes to securing your funds!

Discounts have arrived!

We promised and, as usual, we’re delivering.

Discounts are now available for masternode management fees! You can benefit from Discounts if you choose to pay upfront for extending your nodes’ expiration date. You get 10% off if you choose to extend by 30 days, and 30% off if you extend by 90 days. Make sure you have enough credit in your account balance.

To access the Node Renewal option, simply go to your Portfolio and click on the node you want to renew. The option will be visible right on the “Renewal date” row.

Coin updates

The latest coins added on the platform are:

Platform Stats

Who’s at 7,602 masternodes right now? Who is? We are! Yes, we are! Yup, GIN platform is a good boy!

Maybe we’re working on that graph we were telling you about. Maybe we’re not. Who knows? Mystery is all around us.

Community Reports

We have not 1, not 2, not 3, but 4 community coin reports ready to be digested. You can find them all on here: https://p.ginplatform.io/#!/votes

GIN in other media

We have to say thanks again to Steve for his updates!

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GIN Platform

GIN provides cryptocurrency investors with an easy way of creating and deploying their own masternode(s) - regardless of their technical abilities | gincoin.io