Re: [ANN]Magicoin MAGIC - The MagiCurrency | Merchant now available
Will iT still be scrypt mining 
Apologize for unexpected delays; the new algo won't be scrypt, will make use of algos with less power usage (this will be one of the primary directions the new coin goes as to the future development). Won't be able disclose more unless finishing up testing and ready to have a pre-ann with a complete set of information out.
And The old coins change automatic to new
We will offer swap to turn your old coins into new coins, basically a new wallet holding these new coins. A how-to guide will be posted.