Quote from: ivan376 on February 14, 2018, 06:14:17 AM

Quote from: nemilose on February 11, 2018, 04:31:36 PM

You should read this regarding staking.

The key sentence is:

Quote

Older and larger sets of coins have a greater probability of signing the next block.

Therefore, if someone has more coins, he has a higher probability to earn stake reward.

Quote from: ivan376 on February 11, 2018, 03:36:54 PM

What will happen to the PAC in Cryptopia? They will not let us withdraw our coins.

Cryptopia will exchange old for new $PAC coins.

Is there any link of the official statement of cryptopia about the PAC exchange that you said?

I've got the following mail from Cryptopia regarding PAC today:

Dear Cryptopia Users,

You are receiving this email because you currently have a non-zero PACcoin balance or you have generated a PACcoin deposit address for your wallet.

Over the past month Cryptopia and the $PAC team have been working together to facilitate the PACcoin to $PAC RCO (Redemption Coin Offering). The original PACcoin has been completely reworked. This includes an algorithm change from SHA256 to X11 and a total supply reduction from 100 billion to 3.5 billion in circulation. As a result of these changes a hard fork will occur on March 1st.

More information about these changes can be found here: http://download.paccoin.net/PAC_White_Paper_2018_Final.pdf

Heres how the swap is going to work:

We will be halting the PAC/BTC market sometime in the next few days. If you havent cancelled any open orders by the time this happens then we will cancel them for you

The old wallet will be decommissioned and replaced with the new $PAC wallet. While this is in progress we will be disabling deposits and withdrawals. Please DO NOT send any PACcoin to your Cryptopia wallet effective immediately.

Any confirmed balance of PACcoin you have on Cryptopia will be swapped 1000:1 or 1000 current PACcoins for 1 new $PAC on the new blockchain.

The new $PAC will be listed on Cryptopia once we have completed the balance transfers.

Thank you for your continued support!

The Cryptopia team
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