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Horizen(ZEN) Hard Fork
The EON 1.4 Mainnet Release Tag is now available for download! The EON 1.4 hardfork will happen on Thursday, June 27th, at Epoch 1593 (16:55pm UTC), this is a mandatory update, please be sure to update before the hardfork date.
In version 1.4, we've improved the usability of the staking system at the protocol level by automating the reward distribution among the forger hosting provider and the ZEN holders who stake their ZEN to the forger node. Forgers are now able to designate a smart contract that will allow delegators to claim rewards. The percentage of the forger's incomes redirected to the smart contract will be declared by each forger when first registering.
Horizen will provide a factory contract that can be used to distribute rewards to forgers, although any contract can be used. The smart contract provided will distribute rewards proportionally to delegators according to the amount they stake.
Version 1.4 also introduces a minimum staking requirement (10 ZEN) to forgers for security best practices.
It's important to note that no changes need to be made by existing forger nodes, 100% of the forger incomes will continue being sent to the reward address specified by the forger as it does currently.
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