Community Update vol 2019-1

What is the current state of Methuselah?

After much deliberation and analysis, we have decided to pursue a new platform for our blockchain use case that will be more compatible in function. We intend on letting the blockchain to continue to run for as long as it survives until the new platform is ready. Security and other important updates will be provided as needed but the majority of development will be focused on SAP-Track moving further.

What is Methuselah v2.0 (SAPv2)?

The next version will be built on a new platform that will use delegated proof of stake (DPoS) as its consensus mechanism. It will handle higher tx/s, better decentralization with governance, maintain investment potential with delegates, and have an updated codebase that utilizes newer technologies.

What happens with my current SAPv1?

Probably more common than it should be, there will more than likely be a coin swap once the new platform is ready for public release. More information will be provided when the platform passes public alpha testing. We will, of course, try to make the transition as smooth and effortless as possible.

Written on January 7, 2019