Post
Topic
Board Announcements (Altcoins)
Re: [ANN] [PASC] PascalCoin: Deletable blockchain - Like Bank accounts [SAFEBOX]
by
PascalCoin
on 24/09/2021, 09:39:17 UTC
In order to clarify the current OP_RECOVER funds operation available on PascalCoin since inception, a new PIP (proposal) has been added for community discusion

Update OP_RECOVER to initial sense described on original WhitePaper and allow ASK FOR PASA feature

Some points:
- Accounts with balance>0 can be recovered AFTER 10 years
- Accounts with balance=0 (empty) can be recovered AFTER 4 years (like now) but only by  an Authoritative account (PASA dispenser, the ASK FOR PASA feature)
- Coins will be recovered as a FEE for the miner, only the miner (or pool miner) will retrieve coins

PIP available on Github:
https://github.com/PascalCoin/PascalCoin/blob/master/PIP/PIP-0042.md