Noir – Proof of Stake

With the update from Proof of Work to Proof of Stake we are finalizing an important step on our roadmap. The Proof of Stake Period will start at block 551001, this will be between christmas and new year.

General informations about the update

• New Proof of Stake consensus
  • Start block 551001
  • Reward for stakers: 0.66 NOR
  • Reward for noirnodes: 1.1 NOR
  • Block time: 2.5 minutes
• Sigma fixes (credits to the Zcoin team)
  • Sigma spends get disabled at block 544200
  • Sigma spend get reenabled at block 545000 with a new spend format

Update instructions

macOS

1. Open the noir-qt-2.1.0.0-macOS.dmg and drag Noir Core to the Applications folder
2. Start the Wallet from your Applications Folder
3. Enjoy the new update!

Windows

1. Download and run either the 64 or 32 bit setup from our website
2. Start the Wallet
3. Enjoy the new update!

Ubuntu

1. Download the noir-qt-2.1.0-ubuntu.zip and extract it to a folder of your choice
2. Open a terminal in said folder
3. Run the command: ‘chmod +x noir-qt’
4. Run the command ‘./noir-qt’
5. Enjoy the new update!

For Exchanges and other wallets/users that do not want to stake coins

Start your daemon or qt wallet using the parameter ‘-staking=0’, this will disable the stake thread.

Staking instructions

Unencrypted Wallet (not recommended)

Staking starts automaticly when you start your wallet and you have over 0 NOR in it.

Encrypted Wallet (recommended)

1. Click the ‘Settings’ button in the toolbar
2. Click ‘Unlock For Staking…’
3. Enter your passphrase and click ‘OK’

Note: A balance greater than 0 NOR is needed to stake!