Tierion is preparing for a major network update - node registration is to commence on April 5 at 10AM PST. As of the specifics, 500 additional nodes will be eligible to take part in the process with rewards staying at 1,500 TNT per reward period. The registration process also makes it mandatory to upgrade nodes prior to registering: the nodes should be of the version 1.3.7 to be able to get rewards.
Among the upcoming new features, the Chainpoint Node reward distribution will cease to be random and a reward queue is to be added. Network reliability thus will be increased and the reward distribution should get more homogeneous. The mechanics will be as follows:
- Nodes that continually pass audits will advance in the queue.
- Nodes that receive rewards will fall to the bottom of the queue.
- Nodes that fail audits will fall back in the queue.
In March a test program was conducted in order to prepare for the releasing of network's new capabilities. As for the results of the program itself, tens on millions of Chainpoint proofs have been generated. Tierion team also release Chainpoint API so that anybody can create a Chainpoint proof.
At the moment of the publication, Tierion market parameters are as follows:
Average price: $0.085482
Market cap: $36,627,436
Volume (24H): $7,416,600