Whitecoin Development Team Restructure

In light of recent events and the changing landscape of cryptocurrency we are undertaking a restructure of the Whitecoin development team. This is to ensure the ongoing development of Whitecoin and help to secure our future.

Please read the full article if you have the time

https://www.whitecoin.info/whitecoin-development-team-restructure/

Yeah unfortunately it sure looks that way...

Well that sucks... Didn't get any..

Thanks for the clarification.. I was confused as the website doesn't really give out much information on how the airdrop process works.

Cheers, if you can make it clearer on the website that would be great!

EDIT: Also, the token sale... is that a similar thing?

Almost 4 years now!

Well fundamentally we basically pride ourselves on a really good network, community and growth.

So, we have a very high percentage of coins being staked.. this creates a really good network where syncing is very fast (much faster to download XWC wallet and have the blockchain up to speed than pretty much any other coin). Fast transaction times. Very power efficient network through the use of Whitenode... our entire network (if everyone used Whitenode) could be secured for less power than a single ASIC miner on BTC network.

Our coin is community driven, our devs volunteer to work on XWC... this means what work is done for the good of you and influenced by you, there's no pre-mine profiteering, or ICO funding where a dev team can promote how they like to increase the price to just sell off their stake. Our community is engaged, friendly and helpful.

We are a growth coin with 3rd parties building off XWC and our expansion in to untapped markets to expand the influence of cryptos and XWC.

As for 'what are we solving' XWC is an old coin where the technology of the coin is what is valuable.. and we still hold true to that. low power consumption, fast, secure network.

Hope that gives you some outline.

 - Blitz

No, it was a 1:1 swap. New coins which were not swapped were burned, that's what reduced the overall supply

1. Nobodys coins were destroyed... they were swapped.

2. The swap covered most coins that were in circulation 260 Million + if your 90% had any validity there would only be 33 Million coins

3. Your 'opinion' is exactly that, an ill informed piece of nonsense purely driven by emotion and not by any sense of knowledge. Have thoughts not opinions, it will serve you better

4. the tag is $XWC... and it is not spammed negatively, it is used by 2 groups, one who send out signals whenever XWC moves in price and others who want our community to see their exchange or similar... you're pretty much the only one spreading FUD.

5. I'm glad this won't be forgotten, maybe you'll learn a lesson about keeping track of your investments

+1 solid response there man  Gotta love the FUD

The "official word" has been given numerous times on this and the past few pages...

I think people keep asking hoping that the "official word" will change, unfortunately it won't

+1 appreciate the support

The guy doesn't care about it for 3 years.. lets others do all the work to keep the coin going and make it thrive to then arrive with a sense of self entitlement about it all!

What nonsense are you talking about? do you even understand this project?

HAHAHA you're hilarious, 'Salary' it's community coin where nobody gets paid anything...

Fuck you don't know anything about the coin you're talking about.

Well you learnt a lesson in life which only cost you $20... PAY ATTENTION TO WHAT YOU INVEST IN

Cheer up, move on, you're not entitled to anything and will not receive anything

No, you had an option to upgrade your coins... you didn't... you have your coins, they are worthless.. Nobody has any bill to pay you

There is no time limit on YOUR COINS.. but there was a time limit on the SWAP OF COINS...

Is it clear now?

Well you said "we all know perfectly how he acted in 2014"

If you know anything about the coin you would know 'that guy' didn't do anything for the coin, in fact he made a broken coin from the beginning..

Anyway, 'put your money into this shit'... what 2014 you put $20 at it and didn't care enough about your investment to check in on it at all for 3 years...

You no longer have the right for XWC PoS V3 coins... you can keep your legacy coins (which you still have) and try to restart the blockchain and create a market for XWC classic.

Do your homework

If you can find that guy we will all be very impressed!

Also, you have 'your coins'.. they just exist on an unsupported network. You were eligible for swapping those coins, but you didn't and are no longer eligible to do so.

Nobody owe's you anything

Well thanks for the Title of Mr Fundamentals I like it 

Their BS 'Domination' campaign has gone up a notch





Gone from a secret Domination campaign to a VIP super secret Domination campaign..

Yes it is public now... When I looked at it about week 6 - 8 of their Airdrop it was not public... I did the maths of their Airdrop and saw there was a large short fall between the amount set aside for airdrop and the cumulative amount that was to be dropped..

When I mentioned the amount which was the difference, my comments were deleted... even though they were not 'negative' comments just merely stated that there are these unaccounted for coins, I even said in that comment that hey they can run the airdrop how they wish, nobody is forced to participate, be in if you want or out if you want.

As I said, (which you've recognised) there is a worrying amount of 'controlled opinion' and I feel that people are essentially being used (yes they gain some benefit) to primarily benefit the 'dev'

Well 'a scam' is not a term I use... but I do think there are some fundamentals that are very wrong..

Firstly a large pre-mine is held by the dev (3 Million coins there is also I think another 2 or 3 Million for bounties.. which only about 60,000 have been used.. leaving almost the full amount you'd have to fact check the latter part). Which is essentially 16% of coins held by dev confirmed... up to 25% depending on how much 'bounty' funds remain unused.

So from that perspective the person who benefits by far the most is the dev...

The conditions of the Airdrop (which may have changed) that essentially require numerous positive posts per week to gain your funds I think is unethical..

The way the BCT thread is moderated is an issue.. All comments which do not put them in a good light are removed; for example when I asked them to stop spamming our Discord channel it was basically swept under the rug.. There is essentially censorship of opinion.

To sum it up, The dev has the most to gain, he gives the community a fraction in comparison whereby they have to adhere to a strict set of rules or risk losing their eligibility. It seems like the community members are the product he's trying to sell

I've been making sure all of their twitter posts get a nice little reply about their 'hidden Domination campaign'.. It's pissed a lot of altcoin groups off

Hopefully the individuals they have targeted on twitter (10 of them I can see) start to get pissed off too and really burn their credibility...

Well you have to remember who the main benefactor is... the Dev, he has a vast amount of coins... he needs other's to give his coins value, I'd be willing to put in 6 months of effort and delete any post that is contrary to his wishes if it gave me a cool $9 Million USD....

And that's assuming that he doesn't pocket the large reserves of bounty coins which would push it pretty close to $16 Million..