Announcement: Smart Contract Upgrade Incoming!

:loudspeaker: Announcement: Smart Contract Upgrade Incoming! :loudspeaker:

We are planning to upgrade the smart contract for chunk upload pricing. The new contract will adjust upload prices dynamically based on the network’s utilization, resulting in dramatically higher upload prices and rewards. This marks a major improvement for everyone participating in the network!

However, this change will significantly impact the rewards. Due to the much higher upload rewards after the upgrade, current leaderboard earnings will become relatively insignificant in comparison.

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Sounds great. Is there an ETA for the change?

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Will this require a reset or just an upgrade?

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Sorry for being dense here @rusty.spork but does it matter what node version we are running.

As in, I am away and am not able to upgrade immediately to the latest release. Does that affect me negatively?

There won’t be any node upgrade required for this. The current contract address will be setup to be a proxy to the new one.

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So dynamic pricing is already in 0.3.4, that is where I am getting hung up.
Or does nodes charging dynamically not matter to the contract.

Sorry this has gone zoom over my head :laughing:

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Wondering how this affects secure access for everyone.

No sorry. What will happen is, we will setup the current contract to be a proxy for the new one. It doesn’t require a new build of either antnode or ant, or even restarting any nodes. It hasn’t been done yet, but we will announce when it has.

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Thats neat, thank you for all your hard work on this.

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It’s about time for the first test of a network with real economy. Fingers crossed.

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