Post
Topic
Board Announcements (Altcoins)
Re: [ANN] TopCoin [TOP] ★ Crypto Learning Center coming soon! ★ Practical toolset!
by
unamis76
on 20/07/2014, 13:16:40 UTC
These are the changes we were thinking of implementing

reduce coins 1:1000 ratio

increase pow from 1 to 50 coins

introduce pos at 50% interest per year, calculated daily

So to do this, we will make a new coin with those specs, and premine it to the amount of currently minted TOPv1/1000. so 22billion coins will become 22million

Everyone will need to convert their coins, this will be done from a central swap page we make.

You will, enter your v2 address, and be given a v1 address to send to. All v1 coins you send to that address, will be converted to v2 and sent back after 6 confirms.

Any v2 coins remaining after the swap can either be distributed to the community, and used for bounties etc, or distoryed

Please post suggestions or feedback Grin

Sounds good. Waiting for developments.