Hello Monoeci community
About the bug we had on the blockchain, the problem is that on the monoeci network we still have version 70006 and 70008 protocol (which is the latest version).
Despite the update that dates more than 1 year still 50% network works on the old version.
In addition, exchanges like Cryptopia always use the old version despite our requests for updates.
In the coming months we will no longer support the actual version of monoeci, however do not worry about your XMCC, you will be able to convert your Monoeci to the new version of the coin for more than 12 months after the snapshoot (dates will be defined in future information).
In addition, in order to thank the community and reestablish the problems linking to the version conflict your Monoeci balance will DOUBLE on the new blockchain.
In order to guarantee during this period of time the good functioning of the code, we invite you to keep the function of the previous version, in protocol 70006 (which is the same as exchanges). This solution is of course in view of a rapid deployment of the new version (in the coming months)
We will communicate in some time the date of the snapshoot and the operational version of the mainnet monoeci version 2.
Here is the link to find our updates : https://github.com/monacocoin-net/monoeci-core-OLD/blob/master/update%26service.txt
Also we want to share with you some new functionalities of the new blockchain :
Token creation on the chain
Full POS (no more mining)
One block every 5 seconds with more than 5000 transactions per block possible
A partnership with Amazon AWS for data historization.
The masternodes will be replaced by an inflation system (similar to staking)
A decentralized exchange with FIAT connectors (integrate into the chain)
European FIAT license with banking agreement.
Centralized KYC processor management
You can already see our work on the new github: https://github.com/monoeci-monaco
Some repositories are still private because we will work on the code. In addition, you can already test the code with the testnet version.
And as always, thanks for your support !
We couldn't find a better moment to do fixes
. The market is picking up, the bulls are coming, we hear more and more about the stock market money looking for crashed coins and exactly on the moment when monoeci had to shine and ride , we pull it into a garage for repair. Come on guys, what we were doing for the past few months ? Is it like now that we identified really the problem?I urge the team to bring some sort of solution asap to enhance the trust in this coin and propose the simplest and softest transition within the shortest deadline if they don't want (neither do I) to miss the next moonrun that more and more analyse are saying , will hit by Feb .
Act now or Cry later !
*last but not the least, will be good to have the twitter updated at least once per week. Thanks