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To whom it may concern,
The Monero development community has scheduled its biannual upgrade for
block 1788000 on approximately March 9. This includes several consensus
changes, so the upgrade is mandatory.
This upgrade is moved forward approximately one month to patch some
important security components. This upgrade includes the following changes:
1. A new Proof of Work algorithm, CryptonightR
2. A new dynamic block size algorithm
3. Slightly smaller transactions
4. Payment ID changes for improved privacy
5. Notification changes (see:
https://paste.debian.net/hidden/0d0d3694)
As far as the Monero development community can tell, this is a
non-contentious fork, and no chain splits are expected as there is a
reasonable expectation of users upgrading their software. That said, and
especially if you are running a critical service, everyone should be aware
of the possible risks of claiming funds (airdrops) on different chains.
More information:
https://youtu.be/6CVcirD90pg
To prepare for the network upgrade (hardfork), the Monero development
community will release several clients before. Users must upgrade their
software to continue using Monero after the upgrade. A visual depiction of
the release engineering can be found here:
https://i.imgur.com/gGz9dwK.jpg
The stable Monero release 0.14 will be available very soon, within the next
week. This will contain the consensus changes necessary to continue using
Monero, but is based off the current stable release. An alpha release
0.14.1 RC1 will be released soon after, once the fork has occurred and
everything has settled down. This release will be based off the current
master branch, where active development happens. The Monero development
community recommends users of critical services use 0.14, and users who
want to help test should use 0.14.1 RC1. This 0.14.1 release will follow
the expected release engineering path, with a 0.14.1 stable being released
once sufficient testing has occurred. Once this happens it is safe (and
recommended) for all services to upgrade to take advantage of the current
features, privacy protections, bug fixes, and enhanced security of that
version.
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