Quote from: chat on September 24, 2018, 05:41:51 PM

To the whitecoin developers.
Some of us noticed that our whitecoins bought back when whitecoin was launched are no longer valid on the new chain. On the forum it says that you guys did a coin swop sometime in the begining of the year. There were many of us who were not aware of this and now would still like to get our coins on the new chain. How can you guys just cut of your early supporters just like that. There should have been a reserve coin balance that should have catered for all those who did not do the swop.Would any of the main developers please respond, it is totally unfair that we have lost our coins.
Thanks

I'm not sure how much detail you've read about why and how the coin swap happened.

But yes, early 2017 the coin swap happened so over a year ago now.

The primary reason no reserve was held is due to maintain integrity and not be perceived as profiteering from unallocated/unclaimed coins.

Secondly it is impossible to validate that someone on the old chain holds the coins that they claim as the blockchain is non-functional so although you may legitimately hold legacy whitecoins there is no true way to prove this.

Thirdly the coin swap did occur essentially due to two factors 1. the blockchain having severe problems (primarily due to a lack of support) and 2. Bittrex (which was our only active exchange at the time) demanding that we have a working blockchain to continue to be listed, which is not an unreasonable request.

This meant it had to be done quickly with decisions made in the moment, if we were in such a position again I'm sure we'd have a greater level of contingency.

I hope this helps you to understand the fundamental problems of your statement that there 'should have been a reserve coin balance'

- Blitz