Good evening @everyone 👋
Last week we submitted a new proposal seeking agreement for the implementation of a small transaction fee into the XE Blockchain. The transaction fee is designed to help mitigate the potential for high frequency transactional attacks, with some additional benefits by the way of increasing deflationary pressure on XE.
You can find the proposal here:
And you can discuss it here:
https://discord.com/channels/371989135172567051/1086431445620371468
We’ve had 34 votes already, with 100% in favour of the proposal. If you haven’t already voted, please do, your voice matters. There’s been good feedback so far and there will be an adjustment to the proposal ahead of implementation to place a cap on fees.
The team are extremely proud of open governance, and look forward to hearing from you on this and further proposals.
Following on from the passing of Proposal 7f518bd, development of the proposed lottery system has been taking place this week. Some of you may have noticed the test transactions on testnet (https://test.network/). Development work is almost complete, and is expected to conclude on Monday, with the service being rolled out to mainnet. We will then open source the edge/lottery repository.
The first draw will be on the 14th April 2023 🔥
The winners will be selected based on the proximity of their transaction hashes to all zeroes. That means the more days your nodes are earning, the more “entries” you will have into the lottery. Only one transaction per wallet will be considered, so there will be at least 11 distinct winning wallets per month.
Additionally this week, there have been a number of mainnet releases:
Index v2.5.3 was deployed to mainnet, and introduced an option to extract raw values from the supply endpoints, as required by third party integrations (CMC, CG, etc.).
Add ?raw=true to the end of the API endpoints discussed last week to see this.
Updates
Last Updated:
March 2023
