Quote from: KryptoJunkie on October 02, 2017, 02:31:25 AM

Quote from: crypt0kid on October 02, 2017, 02:22:33 AM

Quote from: Halcyon Days on October 01, 2017, 10:46:58 PM

Hello everyone,

as many asked, even though some of it might change, here is an overview about the coin's plans based on the first draft of the white paper:

Phase 1: Distribution of the coin during 4 airdrops.
Phase 2: Coin swap with a new coin including smart contract features at a ratio of 2:1.
Phase 3: Implementation of masternodes (1000 coins needed) and anonymity features.

Currently the price for a future masternode is still cheap compared to other coins such as DASH. For instance, you have to pay $317 000 for 1000 DASH to start a masternode.

Kind regards,
Halcyon D.

My question is, why is there a need to do a 2:1 swap? That means that we will need to buy a minimum of 2K ETHD in order to own 1K ETHD after the swap. Why is there a need to do a swap? The supply is already really low. Cutting that in half simply puts the ETHD out of reach for a lot of people who may want to be a part of the community.

I agree wtf is this shit. That means the price just doubled for a master node.. Just leave that part out

What is the problem with the current ETHD it is also applicable for Masternodes don't needed a swap also in smart contracts.
What is the main use of swapping? it will only lower the price because of the swap and i think itis the reason of dumping the price now. A crap that will be impart of the whitepaper.