The Decenomy team has announced a significant update for its Kyanite cryptocurrency wallet. The latest release, Kyanite 1.1.6, introduces important improvements and new features to enhance the wallet’s stability and functionality.
According to the team, these improvements will be extended to other cryptocurrencies in the Decenomy ecosystem.
First on the list of key updates is the introduction of a dynamic rewards calculation mechanism, inspired by the principles of Milton Friedman’s monetarism theory. This feature intelligently adjusts block rewards based on the total and circulating supply, aiming to strike a balance between incentivizing network participation and maintaining sustainable token economics.
To streamline the onboarding process, new users can download a bootstrap file directly in the wallet. This significantly reduces the initial synchronization time required to join the Kyanite network. Additionally, a new RPC call has been implemented to provide users with detailed insights into the rewards system and their earned rewards.
Another key update aimed at enhancing transparency and reproducibility is the deterministic build system, which leverages Docker technology. This ensures that the Kyanite wallet binaries can be consistently and reliably built across different environments, with ready-to-use executables.
Addressing technical challenges, the update includes improvements to the locking mechanism, mitigating sporadic deadlocks that could potentially hinder the wallet’s performance. Furthermore, the integration of curl and zip functionalities lays the groundwork for future features that may require data download and compression capabilities.
The Decenomy team emphasized the mandatory nature of the update, requiring all users to upgrade their wallets before block 1,450,000 to ensure continued compatibility and access to the network.