When launching a new blockchain the team had the opportunity to change some of the specifications of the Whitecoin blockchain.
Due to the nature of PoSv1 that the old chain was operating on, a lot of new Whitecoins were created daily.
The current members of the Whitecoin Foundation discussed the specifications and came to the conclusion that the current inflation rate was way too high.

The new chain is based on Blackcoin PoS V3 and the Foundation has come to a consensus on the following specifications:
- The genesis block was 313 000 000 XWC to make sure we can swap all funds. Unswapped coins after date x (TBA) will be burned.
- Block time target: 60 seconds
- PoS reward per block: 2 XWC
- Minimum Stake Confirmations and Coinbase Maturity: 120 blocks

The source will be available shortly.

Make sure all of your XWC is on Bittrex asap! Use the provided blockchain to do so.
Cryptopia will temporarly close the Whitecoin market un till after the swap is completed.
Stay tuned.