[EN] Announcement of Cubechain 2.0

[Cube Chain Announcement]

Cube Chain will be expanded and upgraded to Cube Chain 2.0 starting 2nd March Monday, 2020.

Cubechain 2.0 changes

1) Total issue decrease (12 billion -> 6 billion)

2) Therefore, 6 billion QUB will be burned (both QUB coin and QUBT are burned by 6 billion each)

3) The address will be open immediately as it proceeds.

4) The oldERC20 QUB will be completely burned and released when the swap(oldERC20 to QUB Coin) is completed.

5) As a result of the reduction in total issuance, POW/POS mining volume is reduced accordingly.

6) POW: POS ratio is greatly enhanced in POS as part of measures for existing QUB holders.

* Details of Cubechain 2.0 will be released in the Cubechain 2.0 White Paper.

With the expansion to Cube Chain 2.0 , mining program CUBEMINER has also been upgraded.

-Starting 25th Feb Tuesday, mining will be limited to the old version(v2.5)

-Mining quantity change is effective from 2nd Mar Monday.

If you have any questions, please contact us through help@cubechain.io

For more information: