【developer updates March 12, 2018】

1, we will carry out the Sprouts hard fork

 It is confirmed that we will carry out the Sprouts hard fork to correct too high PoS rate.
However, there are various opinions on PoS and PoW rate and it is under discussion. Also, the timing is undecided.
We would like to take a questionnaire about the timing. We will announce you again later.


2, Swap possibility to the new currency.

 Currently, total issue of Sprouts is more than 3.8 trillion, so we will carry out hard fork to prevent further inflation.
However, as a result of various trials, it has become clear that the project progression is very difficult from the state of 3.8 trillion already issued. (Details are explained from the Dev team separately)
For this reason, we are considering hard fork and swap to new currencies in parallel.
In the case of swap to the new currency, there is a possibility that it may become a swap with a limit due to the current amount of issuance.
Swapped Sprouts are burned.

※The new currency is not about Auxilium. Please be careful.


3, We plan to make an exchange (timing is undecided)

 As we have announced before, Sprouts intends to aim at the base currency of small price currency (bean sprouts coin, bean sprouts token). It is a position like DOGE for sleeping giant.
Currently we are discussing whether we aim the position for currency after HF or new currency. As for the result, we will announce it separately including the progress situation.

 This is all that is decided by discussion with members including active members. If you have any questions, please ask the operating member. We will reply as much as possible to the public.


Thanks

SPROUTS development