Post
Topic
Board Announcements (Altcoins)
Re: RE[ANN] Saturncoin [SAT] - Fast - NEW WALLET RELEASED - PoS transition started!
by
Saturncoins
on 22/05/2014, 19:52:18 UTC
Withdrawals on mintpal still doesn't work.

That's correct. Please take note of the fact that when an exchange needs to roll out a new wallet, there is some work involved on their end. It's absolutely critical for any exchange that they rule out accepting transactions from a bad chain (fork), as this could result in them accepting deposits (and sending out withdrawals) from a bad chain. As such, during this process, they temporarily suspend deposits and withdrawals, which allows them to rule out problems. This doesn't affect your coins in any way, other than a delay. So just to be clear: this is not related to SAT, this is simply a maintenance procedure at the exchanges (which applies to every coin on every exchange).

With that said: it would perhaps be a good idea if exchanges would me more verbose in terms of indicating their wallet status in their interface, since most exchanges do not seem to provide a clear indication of their wallet statuses. We'll suggest this as a feature request to our exchanges. If you think this is a good idea, it would probably be helpful to contact your favorite exchanges with the same feature request (since the more people request something, the more likely it'll get attention/priority).

I really start to loose faith in this coin, I bought at 2 SATs and was very happy with the coin reduction and all those new stuff like POS transition, SAT multipool...

Anyway, I know DEVs are working hard and I hope we will soon start to see some nice changes.

You will most certainly see some nice changes. The most beautiful parts of our plans have not been revealed yet. In light of the hints I was giving in my previous post (about upcoming news): let's just say that what you've seen happening recently may just not have been as chaotic as what it looked like Wink More to come soon!