Post
Topic
Board Announcements (Altcoins)
Re: Fedoracoin ANN: TIPS/mobile wallet/eth clone/smart contract
by
wolverine5pl
on 21/03/2016, 09:15:21 UTC
Here is the Swap plan:

Part one: For Old Fedoracoin on Bter

1 Bter will give community their new Fedoracoin address A
2 New Fedoracoin Dev team will send exactly same amount of new Fedoracoin to address A
3 All old Fedoracoin will be automaticly swap to new Fedoracoin on bter this week.

Part two: For Old Fedoracoin on cryptsy or other exchange platforms


1 Since we do not know how many Fedoracoins on these exchange, we do not know the number of coins we need to reserve for these exchange platforms.
2 After Bter post their address, we will estimate the amount we need to reserve for cryptsy and other exchanges.
3 Then we will send these coin to a public address B which controlled by Bter
4 When cryptsy open again,Bter will swap these coin again.
5 All left coin will be burned after the deadline (deadline time is September 21th)

Part three:Other left coin will be burned
1 All other left coin will be burned except address A and address B
2 we will send all left coin to an address C (no one have privatekey of that address C )
3 Hopefully after the Swap, Fedoracoin will become more rare.


I am glad finally someone is taking good care of this coin which is not maintained in two years.
The 51% attack is the huge risk for an exchange to host this coin. BTER is glad to help people and the new team to finish the swap.
I hope more devs in the community can participate in the development to keep this coin and the network healthy.

We dont have problem with someone taking care of. problem is swapping to sha256!!!!