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Phase4 Release Flow

Phase4 Release Flow

20 March 2020 JeanLuc

The Gulden project continues to improve on its usability and underlaying technology. Technology that most users won’t see, but as with the foundations of a house, is much needed to build upon.
Some of the improvement are small steps as with the more recent app updates, but the upcoming Phase4 release is no such thing. It fundamentally reinforces the structural integrity of the project’s blockchain. Making it possible to lift even heavier loads. Future-proof and capable of sustaining a highly user-friendly monetary payment system -or any quant things like earning rewards through witnessing or mining at home-, as well as any other future use case we throw at it. Maybe needless to say, but Gulden is not just a payment solution, it is also a highly efficient and secure blockchain.

New Features

Phase4 is not just a tech update but will also bring a bunch of new feature for people holding witness accounts. Next to that, Phase4 will make the blockchain remarkable leaner and more efficient. More information can be read in this article on witness changes.

Release Flow

-Beta build: Tonight (advanced users only, Guldencom.slack.com #testnet for more info)
-Final release: Monday 23th 4pm. From this moment on the new wallets can be downloaded, installed and used, but the new perks will be activated later. Mobile wallets will automatically fetch the update via their respective App Stores.
-Activation, April 4th 6pm (approx, due to automatic activation at a certain blockheight).

All users can upgrade their wallets from March 24th until April 4th at latest. After that the new chain will be active and miners and witness users need to be on the new chain if they don’t want to miss any rewards. Don’t worry if you are late to the party as a regular user, just update the wallet at any given time and you will be able to continue making payments. 


Apps, Development
Gulden, phase4, wallet

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