Quote from: abudfv2008 on November 21, 2017, 04:44:45 PM

Quote from: redsun17 on November 21, 2017, 04:37:02 PM

Just curious - what is the reason behind the swap? Is it just a rescue of the SIGT community?

It's simple. The coins are reserved for swap. Noone will be able to count how much were really swapped. So it's additional hidden premine. Grin

Yes yes - some coins will be burnt or airdropped or smth else - of course everything must look "fair". Grin

All shitcoins are "fair" ..... until dump. Grin

There will be a public burn address available on the Signatum block explorer, in plain view for everyone to see and follow. If you know how many coins are swapped/burned, a quick division by 4 will give you the total number of STRAKS of the dedicated swap supply (which you can follow transparently on the rich-list, it carries the tag "swap") that is distributed to SIGT coin-holders during the swap period. The Signatum burn address and the STRAKS addressed dedicated exclusively for the swap, have to match up at a ratio of 4:1, if not then you know there is an issue. No STRAKS from that address can be given out during that 30-day period without the required swap amount from Signatum matching it.

Any coins that remain unswapped at the end of the 30 day swap-period, we have communicated clearly and transparently will be split 40/60 between the treasury fund (to pay for ongoing operational expenses - which will also be made public - like the listing fee coverage from the donation fund was today) and air-drops.

When there is full transparency, there is zero chance of any of those scenarios happening, that you are concerned about.