Brief history of ExtensiveCoinExtensiveCoin was launched in October last year, it was ment to be a POS staking coins with low supply, fast transactions, low fee and good staking interest rate. 50K EXTN coins were sold at ICO price.Soon after the launch our community increased rapidly and was joined by large number of pos stakers. We managed to get listed on one of the good 2nd tire exchnage- coinexchange.io . with the support and efforts of community and developments we managed to grow 5x from ICO price till January 2018. by this time we noticed that we were getting huge requests from community to implement masternodes, unfortunatly this was not possible to do in the current code we had so we decided to do a swap to a newer and better blockchain.
ExtensiveCoin V2.0 - whats newTo keep our identity we decided not to rebrand Extensive coin to a different name. to differentiate old coin from new one we have decided to called new Extensivecoin - EXTN v2.0
ExtensiveCoin EXTN would be swapping to a more fully-featured,robust and more powerful Blockchain on Coinexchange.io exchange. The swap would be a 1:1 swap and all un swapped coins would be burned by the exchange. This swap is done to introduce new features and improve the overall coin. The swap date is yet not decided and we are in contact with the exchange about it. There would be certain changes that would take place and these changes are illustrated in the table below.
Legacy(old) EXTN EXTN V2.0
Premine 140,000 coins Premine 200,000 coins*
Hardcap 560,000 coins Hardcap 1,680,000*
Pos 99% Block time 90 seconds
Block time 64 seconds 1 coin block reward,Masternodes 85%,POS 15%
Pow previously,now full POS Complete anonymity achieved via DARKSEND
All new updated EXTN blockchain Lightning fast transactions using INSTANTX
MASTERNODE collateral- 350 coins
*A premine of 200,000 coins would be included in the newer blockchain which would be used to swap EXTN coins from older blockchain in the ratio 1:1, All un swapped coins would be burned by the exchange.
*Hardcap would be increased to 1,680,000 coins from 560,000 coins to ensure that we dont reach the Hardcap too fast.please note this would not change the current circulating supply, it would only change the max number of coins that would ever be produced.
How to prepare for the swapMethod 1
Transfer all coins from your Desktop wallets,web wallets,pos staking pools,paper wallets etc to Coinexchange.io account before the swap date(yet to be decided)
You can also buy coins from the exchange and hold it there for receiving the new updated coins.
After the swap is over you are free to transfer back your EXTN coins to new wallets and stake it/build masternodes and profit from the passive income generated.
Method 2 We have started swapping coins for the users on our official Discord. Please follow the instructions from the #announcements channel to get your coins swapped.
DEADLINE FOR SWAP IS MAY 30TH, 2018 11:59:59 UTCplease do not send any coins from old wallet to new wallets.
old wallet address starts with capital alphabet 'E' whereas new wallets address starts from small 'e'
Download new EXTN v2.0 wallets
Please note-
You can install new EXTN wallets without deleting the old wallet, new wallet would make a new directory 'extensivecoinMN'
New wallets - https://github.com/extensivecoin/ExtensiveCoinMN/releases/tag/1.0.3New block explorer -
http://45.76.202.188:3002/
Websitehttp://extensivecoin.com/
Current exchanges CoinExchange:
https://www.coinexchange.io/market/EXTN/BTCCryptoHub:
https://cryptohub.online/market/EXTN/Github sourcecode https://github.com/extensivecoin/ExtensiveCoinMNPlease note- current information on this ann is raw- incomplete/errors/not presented well, this ANN would be updated and made better soon.
Thank you