Why we took over Fedoracoin

Fedoracoin current existing issues:
1  The original dev has been gone for two years .  This coin is dying.
2  There are bugs in the two-year old wallet due to lack of maintenance.
3  The network is broken with many strange transactions (very high transaction fee).
4  The hashing power is controlled by only 1 user who is mining 99% the existing coins everyday.
5  There’s no official website or explorer.
6  The total supply is too large (500 billion). The investors can't benefit from this.

New dev team plan:
1  Will do the coin swap, all the left coin will be burned
2  New wallet , 1% pow and 1% pos , sha256 algorithm to protect the network
3  Mobile App wallet in one month
4  Switch to Ethereum-clone wallet in the near future
5  Official Blockchain explorer and pools
6  Push it to more exchanges（like bittrex and more..）
7  Release a Smart contract platform in the new future （cheap gas..）

The New Fedoracoin info

Coin name: Fedoracoin
Symbol:TIPS
Hybrid POW+POS
rpc port: 22888
p2p port: 44889
Total amount： 500 Billion(Original is 500 Billion)
Blockreward structure：
POW algo: Sha256d  1% per year
POS version 3:  1% per year
PoS version 3 :  190 coins/block reward
PoW sha256d:  190 coins/block reward
Premine: 500 000 000 000 TIPS for swap and giveaway
After Swap all left coin will be burned
Maturity 4 hours/250 confirmations


Exchange platform：

Bter

1 Cny market： https://bter.com/trade/tips_cny
2 LTC market： https://bter.com/trade/tips_ltc


How to do the Swap:
（New Dev team will contact Bter soon）

Launch time:

LAUNCHED NOW

Source and wallet will be released at this time.


Resource:

Below times are in Eastern standard time (EST)

1 Official Website：
 https://fedoracoin.site
2 Official Explorer：  https://blocks.fedoracoin.site
3 Official Pool：
 https://pool.fedoracoin.site
4 Source code:http://github.com/fedoracoin2/fedoracoin
5 Windows wallet：https://fedoracoin.site/FedoraCoin-qt.zip
6 Mac wallet：https://fedoracoin.site/FedoraCoin-Qt.dmg


Future Plan:
Community plan: coming soon
New Roadmap: coming soon


Pool: https://pool.fedoracoin.site


How to do the Swap:
Final swap plan:   Swap time: 18th March 23:00  to 25th April 23:00 (New york time)
No Swap will be accepted after deadline time.
You can still
1 Deposit your old fedoracoin(tips) to bter
2 We will contact Bter to swap old fedoracoin(tips) to new fedoracoin   1：1
3 All left Fedoracoin(tips) will be burned later
4 New Dev team will take 0.5% Fedoracoin for future development and bonus
5 Another 0.5% Fedoracoin will be giveaway to Community


BTER will announce the swap details within 12hrs

Nodes:

128.199.125.197
146.185.132.15
46.101.132.98
104.131.69.153
128.199.244.63


BONUS:

Second pool:
5 million TIPS

Second block explorer
5 million TIPS

New Logo
3 Million TIPS