Post
Topic
Board Announcements (Altcoins)
Re: ★★★ PandaCoin [PND] ★★★ New devs, old community ★ 100,000 PND burned every day
by
PandaCoinTeam
on 20/01/2016, 16:30:24 UTC
... we
launch ICO for new coin. Just be patient for next few months  Wink

what does it mean? double scam? is it an attempt to redeem the PND for a new shitcoins? what is the guarantee that all of PND will be destroyed?

As you see, we are curently in process of burning PandaCoin.
Burning address we use is:
https://bchain.info/PND/addr/P8bB9yPr3vVByqfmM5KXftyGckAtAdu6f8
If you look at address hash, you will notice that hash is:
 0000000000000000000000000000000000000000
That prove that balance from this address is unspendable.

Once we start swap for new coin, users need to send
PND directly to similar address (generated specialy for swap)
and register their new coin address via form.
Coin will be sent to users after coin launch.