Quick Network Updates

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Developer Rob Halförd: "Important Announcement Today"

Today Rob Halförd announced that the system that the Gridcoin Network is using for rewarding BOINC computational work will be changed. It will be done in two stages.

The first stage is a whole new way of signing a CPID to a miner. A miner will have a Public and a Private CPID key, making the system more secure against attacks. This is a leisure update, and are out right this moment, and everyone that are mining on the Gridcoin Network should update. Investors are not affected of this

The second stage will be a mandatory update for the whole network to acknowledge these new keys and will come as soon as possible, within a few weeks.

Rob States in the Security PDF
The reason it is important to upgrade your beacon quickly and this is being treated with such high priority, is to ensure all of our researchers stake the claim of their personal CPID, and this will prevent any hacking groups from taking ownership of the CPID or the e-mail address you currently use. Note: An effort has been made to make it very hard to create a keypair using a boinc CPID without actually owning it, but nevertheless if you upgrade your beacon immediately this threat is removed.

The full update from Rob

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