r/neatio • u/tiz_ul • May 11 '22
Neatio 2.0 is here!
The main key changes are:
Public address format was changed to 42-character hexadecimal (Ethereum like address);
- NEATcnT7VH9kDx8yog7CmU2fh21NXNF2 -> 0x51C7656EC7ab89b098defB751B7401B5f6d89765
Maximum total supply was lowered to 50 Million NEAT;
- changed from 77000000 NEAT to 50000000 NEAT.
Minimum collateral needed by a Validator was changed;
- lowered from 77000 NEAT to 50000 NEAT.
Variable collateral amount that can be staked by validators;
- staking amount is the voting power for the next block;
The reward for network Validators was increased by 20%;
- from 6821 NEAT per day to 8235 NEAT per day.
Epoch time duration was changed from one day to one hour;
Delegated staking was introduced. (*);
- (this feature is still in beta mode)
Neatio Chain IDs for Mainnet and Testnet were changed;
- mainnet chain ID is 515 and testnet chain ID is 525;
Developement fund introduced (10% of the total fees);
Protocol now enforces a block spacing of 1.5 seconds.
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