Ionomy Updates
Hello ionomy,
Updates are abound as we head toward the holiday season!
ionomy will be switching into high gear over the next few weeks as we work toward the Crtypo Gravity beta, updates to the core coin code, and the expansion of the ionomy.com platform offerings.
ION testnet updated
Testing of the next ion wallet release has begun on the ion-testnet. This update will feature several GUI fixes and updates. In addition, this update will address the slow block time issues ion has experienced since launch. It is important to note the next wallet update will be a HARD FORK update, requiring all ION wallets to be updated to the latest version.
To assist with the testnet phase of the update please join us on ionomy slack by signing up at slack.ionomy.com and joining the #ion-testnet channel. Please watch this space for updates about the next phase of testnet testing and the future releases.
Buy ION Direct
Altcoin purchasing has been enabled for all ionomy users. Registered users can now purchase ION directly using nearly 40 Altcoins including Ethereum and Zcash. Simply click the new Buy ION tab, select the coin youd like to exchange, and send to the generated address to receive ION directly to your ionomy account.
All ION purchased through the Buy ION page contributes directly to the market depth of ION. Currently set to automatically place a buy order of 15% below purchase price with the same total ION volume. Every direct buy using alternate currency will be used to build buy depth of ION directly on exchanges.
Example Transaction. User buys 5 ION at a value of .0002. And the user is credited 5 ION. Then a buy order is automatically placed on the exchange for 5 ION at the value of 0.000185
Are you Mining? Make sure you don't send coins directly from mining pools. For best service please use private wallets when doing quick exchanges. Please contact ionomy support if you encounter any issues.
As always ionomy thanks all of our customers. Wed like to extend a special acknowledgment to our ion-testnet testers for their ongoing contributions to the core code and the coming update.
Keep an eye on your email, ionomy.com and ionomy slack in the coming days and weeks for more news about the next phase of ionomy.
Regards,
The ionomy Team
What happens if there isn't enough IONs available to fill the buy order? What if people don't want to sell their IONs for 15% below the price they purchased at?