Ferrite Core 3.0.0r1
Pre-releaseDifficulty algorithm changed to DarkGravityWell v3 activated on Block Height 250,000 to avoid hashrate and difficulty oscillations for providing a stable and consistent block confirmation time. Current block height -> 127,692 as of 20230413
Upgrade before 20240601
Exchanges and miners are encouraged to upgrade to v3.0.0 when possible.
Given the average block time has slowed from 70-80s to 300-600s in the past 10,000 blocks, this would provide at least 400 days of time for the difficulty algorithm hard fork.
No coin holdings will be lost for late upgrading.
However, coins mined using v1 and v2 will not be recognised after block 250,000 by v3, as such, some transactions made on old wallets may not be valid. Simply download ferrite-qt and your funds will be reflected. As the block emission schedule is unchanged, all funds stored or mined before this height will be safely compatible with v3.0.0 even in the case of late upgrading.
Alongside this, the DAA aims to make sudden difficulty drops and spikes avoidable. For instance, the network will adjust difficulty rapidly when the hashrate changes exponentially, while also avoiding feedback oscillations. -bitcoin.com 20171113
What's Changed
Full Changelog: v2.1.2...v3.0.0r1