Post
Topic
Board Announcements (Altcoins)
Re: [ANN][ROI] ROI Coin | CPU Only Solo Mining Hybrid | 8% POS | 600% Term Deposit
by
cryptoRX
on 05/12/2017, 12:49:14 UTC
What will happen if i have a wallet that I cannot update before the fork, I only use it to send some term deposit coin, its ok if I update after?

If your wallet is not updated at the time of the fork you will be banned from the network. You won't be able to mine, send or receive coins. Your existing coins will be fine and you won't lose them.

Hi,

So I have around 15 machines mining ROI at the moment and they all run their own wallets for mining and then payout to a centralised wallet. I will be away for a while and am just worried about this banned notion. Exactly when should we be updating our wallets and is it enough to update the central wallet which holds all the mined coins?

thanks

From what I gather, if your wallet isn't updated at the time of the fork, it would be on the old network so if your 15 machines are connected and mining on the old wallet, you will basically be creating your own chain. Any blocks you mined on the old wallets after the fork would be invalid.