Post
Topic
Board Announcements (Altcoins)
Re: [ANN] microCoin MRC - alcurEX - Scrypt-Jane - nFactor
by
loszhor
on 19/10/2014, 06:50:44 UTC
microCoin version 2.0 update

After one month there will be around 30850000000 old microCoins.
This coins can change to new microCoins with price 1 MRC = 1 New MRC.
After all 30850000000 coins are sold, old microCoin network is not valid anymore.
So we have about one month time to change old microCoins.

New microCoin network:
First 100 blocks 3085000 MRC. (For exchange old microCoins)
5000 PoW blocks with stable 1000MRC/block reward.

microCoin Stake:
10% annual stake. (blocks <= 90000)
after that, 0.1% annual stake forever. (blocks > 90000)

Algo: X13
Block time: 1 minute
Stake min time: 24hours
Stake max time: 30 days
Coin mature time: 50 blocks

New wallet will be ready tomorrow.

Please note. Before you update new wallet, send all your old network microCoins in you alcurEX exchange wallet.
After you install new wallet, you are not available use old microCoin wallet anymore in same computer.
(Because it will use same roaming folder)

How to update wallet:
1. Send all your old microCoins in your alcurEX account
2. close your old microCoin wallet
3. Delete or rename your microCoin roaming folder manually,
(or run rename_old_wallet.bat file. It will rename your microcoin folder to microcoin_old).

New microCoin is named microCoin2 (MRC2) on the alcurEX as long as we change micros.
Anyway, official name is still microCoin (MRC) and will be change as soon as old microCoin is delisted.


3 days left. After the deadline we will need to update official informations about coin.

The new MRC2 thread and site specs were updated ( seen here https://bitcointalk.org/index.php?topic=793538.0 ) and according to the developer the current MRC2 wallet is what is going be kept for now and the stake shall no longer be 10% for the first 90,000 block and 1% afterwards but only the current 0.003% that is now in place. The reason being that it would take too much time to make the stake update and the developer now wishes to keep the current MRC2 coin supply stable. Post in question: https://bitcointalk.org/index.php?topic=793538.msg9197564#msg9197564

I am very disappointed by this decision but it is not my call to make.