Post
Topic
Board Announcements (Altcoins)
Re: [ANN] FedoraCoin (TiPS) - New Dev team: Fedoracoin Foundation
by
myc066
on 05/09/2018, 22:18:32 UTC

Dear Dev,

i se the final ratio for the swap. I have no doubt that this will be the best choice but I would like to know the reasons why it was decided to choose the ratio 50: 1 instead of 5: 1.

Thanks in advance for the answer you give me.

Hi,

The reason for 50:1 is to help us reach parity with BTC. At present a single Tips is worth a lot less than a single Satoshi. This means we cannot trade against Bitcoin, even though Tips/BTC pairs exist.  It is hoped that the ratio, combined with our development and marketing will change that.

Best!
Robots

You will kill tips and steal money from us

Hi,

Actually before we started reviving Fedora, the wallet had not been updated for several years. It hadn't been security patched. There was minimal active community left and no social channels. Over the last year we have upgraded and secured the wallets and reestablished the community channels. We have also grown the relationship with exchanges and achieved new exchange listings.

At this point in time however there are now much better coin technologies. We have built an entirely new chain, with much faster transactions, full privacy, new wallets including Mac. It also will allow us to create a web wallet in a short space of time, which means we can build mobile tipping and buying. In other words start building more features on the roadmap we developed.

Please check the website for more details www.tipsco.in

All of this is intended to grow the coin and the community

Cheers
Robots
If swap,The swap coin is other coin ,It is not tips,Go away community,It is tips community