UPDATES ON EXCL

We tried to keep this drama less but seems we cant. kingscrown is banned from bitcointalk since around 2 months. We tried to fix this but seems mods of this forum are not willing to participate.
Its possible that it is because KC is moderator of http://forum.bitcoin.com now that stays in opposite of Theymos.

The main thread for EXCL is now https://forum.bitcoin.com/alternative-cryptocurrencies-altcoins/exclusive-coin-cryptsy-bittrex-cat-bot-loads-of-news-t2961.html so if you want to post or ask questions go and register there.

Why fork/update of EXCL delayed?
There is 2 reasons and both are external.
Cryptsy has issues, and its our #1 exchange. Yet we cannot wait for them to fix their issues. Swap was supossed to be done on Cryptsy and Bittrex (we will be doing 1:10 swap) but seems Cryptsy may take too long to get on their feet.
Banx.io has issues, the newset post about this is here: http://coinjournal.net/banx-three-months-later-no-bitshares-integration-less-than-1-sold-network-is-down/

So while we wanted to do best for EXCL the 3rd parties got into trouble and slowed us down.

That is why we will fork (or rather restart blockchain) now. We will need 3rd party on this and it will be Bittrex.
We cannot do it with hands and coding a system would take too much money.

So what will happen is:
- All users should move EXCL to bittrex by the date we will soon release [not more than 2 weeks].
- All nonmoved coins from current blockchain will go to devs [since me as a dev wont be moving coins to exchanges at all]
- All coins will go to 1:10. So 10 EXCL will be 1 EXCL after fork.
- We will have Masternodes, and they will require 5k or 10k EXCL [we are still counting]
- Coin will be in full PoS mode, its planned for MN to be 0.5 EXCL and PoS to be 0.5 too.