Post
Topic
Board Announcements (Altcoins)
Re: [ANN][TPC] TRUMPENCE COIN - WORKING TOWARDS A BETTER TOMORROW
by
SockPuppetAccount
on 14/02/2017, 14:36:25 UTC
Any updates dev?

Sorry, My job had me working at their plant in Monterrey, Mexico. I am back now. Plans are to do a coin swap. I have hired someone to redo the wallet, chain and total coins will only be around 10 million. The coin will move from POW/POS to POS ONLY. After the swap, I have set aside funds to pay to be listed on (.5btc)Yobit and (.3btc)Cryptopia as well.

Over the course of the next month, coming into Spring. I will be printing free T-shirts, caps, flyers, etc. and giving them away for promotional purpose.
I like the plan. What is the rate of coinswap: 1:1?

Swap will be 1.5:1 or something in that effect. There will only be 10 million total and it will be POS only. I have spoken directly with Yobit, and once the new wallet and a different chain is complete. Paying the .5 btc there will be no problem being listed there. I hope to have the new wallet finished by week's end. I will be in contact with coinexchange.io as well to see if the swap can be down manually there as well. Cryptopia will be no problem. I will also take a look into C-CEX and see what the cost maybe to be listed there as well.

If you want a swap to go smoothly, your first priority needs to be hardforking the coin as it is now and dropping the rewards down to some inconsequential amount like 0.1 TPC for PoW/0.1% interest for PoS.  Point being that you can't have a swap occurring while over 67,500 TPC are being mined daily.  You'll never be able to tell if the coins you are swapping are legitimate pre-swap coins or illegitimate post-swap coins.  You want the blockchain to continue moving but you don't want miners to be able to continually send in more and more coins every day during the swap.