Welcome from the Decentral Office!
I am happy to report our testing for PoG3 has concluded, and we have released version 0.7.0.
There is a scheduled fork on block 441700 will be this coming Wednesday, October 31th which I dub, the Halloween Release.
We recommend people running Merit Core to upgrade to the latest release as soon as possible.
This release is a refinement of PoG2 and therefore won't be as dramatic. The primary changes are.
The growth-oriented lottery and SubCGS computation were removed. We found that people were trying to exploit that lottery by faking accounts and removing this lottery eliminates that incentive.
The PoG/PoW ratios were changed from 10MRT/10MRT to 15MRT/5MRT. We believe the growth of Merit is important at this time and the growth of Merit is good for everyone.
The invite lottery pool will use CGS instead of SubCGS. This change means that those with higher CGS will earn more invites on average. This change also removes another source of incentive for fake accounts.
We feel this is a necessary change to improve the fairness of Merit and reduce the bad behaviors we have seen so far. While not everyone might be happy with PoG3, we believe a fairer approach is better for Merit.
If you discover any issues with this release, we encourage you to submit Issues on the Github repository