Post
Topic
Board Announcements (Altcoins)
Re: [AC] AsiaCoin | Pure PoS | 100% Interest
by
RJF19
on 27/03/2016, 13:02:04 UTC
Survival Tips

option A - BTER handles swap (bad)
option B - cryptopia handles swap (better)
option C - both (best) but how to manage coins?  who getting how many?

1. generate a whole new 'update' chain/algo/wallet  (run it in beta)
2. reduce coin count divide by 100 OR increase x10
3. announce swap date 6 weeks before it happens ... keep it open for 4 weeks
4. burn the left overs (that means Cryptsy coins get deleted .. elsewise you'll likely end up buying them from the Thief)
5. look at proof of line and flat (or max) reward per block for the new algo

So do we just abandon the cryptsy users?

There's really nothing that can be done about that unless Cryptsy chooses to do so. They are holding peoples coins, not AsiaCoin as as you have discovered already, no amount of pleading, begging or threatening is going to change that. If you do a swap, keep the option open for those with coins on Cryptsy just to be fair, offer the swap later if Cryptsy ever frees up the coins.