Post
Topic
Board Announcements (Altcoins)
Re: [ ANN ] SAT² - A new dawn - PoS - No Premine
by
JoeGruff
on 29/06/2014, 18:03:17 UTC
How exactly can you change old sat into new sat anyway? Devs have the power to make money out of thin air?
bro have u read anything on OP it all there.please people read before u put up pointless post
It will be launched on 30th June 2014, converting automatically all existing old SAT coins into the new SAT² currency.

The change will be completely transparent for users, that will have their SAT moved to SAT² and ready for new market.

That doesn't tell me anything.  There are coins from a new blockchain now.  How can you put more coins in than aren't created yet by proof of work or proof of stake.  I don't understand how this is possible. Unless the devs are mining and going to give those coins to people...