Post
Topic
Board Announcements (Altcoins)
Topic OP
Swap SwisCoin to new Algo!
by
swispay
on 13/02/2017, 17:27:33 UTC
Swiscoin Swapping Guide

1. Effective date: February 14, 2017

2. Details
On December 27, 2016, a fatal algorithmic vulnerability in Swiscoin [SCN] was discovered, and it was forked and solved this issue by upgrading performance of Swiscoin to secure the corresponding algorithm vulnerability.
On February 02,2017, the well-known attack of double spent occurred, many investors and traders have lost their valuable SCN from the public market by fake block chain transactions, attacker has covered BTC by exchanging the fake SCN. So many traders loose their confidence over SCN.
For these two major issues we can loose our SCN holders so we have provided those lost SCN and we beared this loss.
From the opinion of all our SCN holders, we have decided to swap Swiscoin [SCN] to Master Swiscoin [MSCN]
There is a block chain network with a Master Swiscoin [MSCN] securing a majority node and a Swiscoin [SCN] with a small number of nodes. A Master Swiscoin [MSCN] obtained the majority of the votes has dominated the main block chain. The Swiscoin network will gradually disappear.
Also, we will inform you that the amount of Swiscoin [SCN] from the exchanges [LIVE, C-CEX, etc.] listed on the existing exchange will be automatically converted into the new block chain Master Swiscoin [MSCN].

3. Notices
After launched MSCN, SCN holders will have to exchange their SCN to MSCN; the existing Swiscoin [SCN] will be of no value coin after February 20, 2017. The SCN holders must have to exchange their SCN to get MSCN within given period of time, after that time period we will not be liable to provide any MSCN.

4. MSCN details
Sort name: MSCN
GitHub Link:- https://github.com/SCNPay/Swiscoin-Master
Explorer 1 :- http://188.166.182.57:3001
Explorer 2 :- https://www.blockexperts.com/mscn
Explorer 3 :- https://chainz.cryptoid.info/mscn/

5. SCN to MSCN swapping details
The SCN holders will get MSCN by swapping SCN as described below.
Holders will be able to swap their coins from www.swiswallet.com. They will get the swapping button on this website, only need to click on this button; the old SCN will be converted to the MSCN in the same wallet after some confirmation. They will get the MSCN as per below.
1 MSCN = 140 SCN
For example, if you have 140 SCN in your swiscoin wallet, then you will receive 1 MSCN by swapping,
If you have 70 SCN then you will receive 0.5 MSCN in your wallet.
We will do our best to provide you with more satisfactory service.