News:Project Update 2025-03-21

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Summary

Release Candidate Update

  • Pushed code for version 5.1.5RC12
  • Build identifier: "-1"
  • Users should update to this version to stay current

Sync Improvements

  • New branch: merging-sync for better syncing quality
  • Added new CLI argument: sequential sync
  • Optimized for slower computers and hard drives
  • Achieved 2x speed improvement
  • Exploring ways to reduce bootstrap/database size (currently 50–60 GB)

Activation and Timeline

  • Activation timestamp set for release in one week
  • One-week window for activation to continue mining/staking
  • Legacy chain holders: ~2 weeks left to move coins

Code Development

  • Ongoing progress on merging-6.0 branch
  • Code running smoothly

Xeggex Exchange

  • Uncertainty due to potential malfeasance
  • Xeggex likely not returning

Exchange Listings

  • Working toward MEXC exchange listing
  • Engaged with a market maker to explore more exchange opportunities
  • New exchange listings expected to benefit market activity

Community Support

  • MEXC listing requires significant fees
  • Price increase on TradeOgre would help reduce listing costs
  • Community contributions could aid in securing more listings

Mobile Apps

  • Android version should be back online soon
  • iOS version will follow post-hard fork, aiming for App Store release

Future Plans

  • Additional use cases and features in development
  • More updates expected in next week’s development update

Transcription

Hello, everybody. Welcome to the development update for March 21, 2025. I've just recently pushed code for 5.1.5-rc12, so that's release candidate twelve. You'll see hyphen one ("-1") for the build number. If you're up to date and wanna stay up to date with the newest cores, that's the one that you wanna be using. If you're wanting to play around with any of the new sync code, you can check out the merging hyphen sync ("merging-sync") branch that improves the syncing quality. There's a new command line argument called "sequential sync" that should help synchronizing from more hard drive slower computers. Helps improve the sync speed. I've gotten at least a two times speed up on that. I'm also seeing if I can reduce the size of the bootstrap and the overall database. Right now, it looks like it's 50 or 60 gigabytes. I might be able to knock some gigabytes off of that.

And as far as the activation time stamp I have, set, we're working towards releasing it by, a week from today. I'll give you guys further information, in Telegram next week, but there will be a one week expiration time on that. So there will be one week for you to be activated if you wanna keep mining and staking. So make sure that you keep up to date with that. And that also gives you about a two week timer now if anybody is still holding legacy coins on the legacy chain, make sure to move those coins over. The code is coming together very well. It's running smooth. The "merging-6.0" branch is the one that I'm mainly doing work on for that. And that just about wraps it up.

As I said, we'll, once we get this hard fork, we're kind of in a little bit of a limbo between Xeggex. It looks like their hack might have some malfeasance in you know, associated. I'm not sure. I can't point any fingers, but I would not expect Xeggex to be coming back, unfortunately. So we are moving forward with additional exchange listings. We have the MEXC listing that we're working towards, and then also I've been in contact with the market maker. We're gonna be discussing terms with them, see if they'll be able to help us get on to some of the other exchanges. I think new exchanges will, be nice and refreshing for our markets. But in the meantime, anybody that wants to help out, as I said, we have a pretty large listing fee for MEXC. So those of you that are willing to help, the more, we can get the price up on TradeOgre, then the less NXS it will take for us to get listed, which means that we will be able to get listed on more exchanges, and have more funds available to do more things. So if anybody wanted to take that into their hands, I should be, having a little bit of liquidity. I'm gonna be buying some more, hopefully, soon in the next few months.

Lots of things happening in my personal life that I should say are, looking, looking good. So I will, keep you guys up to date for next week's development update. Ideally, like I said, we would like to get it out the door in one week. The Android should be back online. And then after this hard fork, I'm gonna be getting the iOS wrapped up so that we can get the iOS release into the App Store. And then I'm also working on another use case, some really cool things. So, I will, keep you guys in the loop and talk to you next week.

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