Hi everyone,

Building on our efforts to create an agnostic platform that rewards communities for experience, we're now testing a program that pays for achievements earned on Steam using XP. Unlike other pyramid scheme play-to-earn nonsense, there is no upfront cost to join. We strongly believe the free market is the best place to establish value for earnings paid through this program.

The platform is currently in a testing phase. Testers will be rewarded for their efforts with limited edition NFTs, XP bounties, and more. To learn more about the platform, create your Rewards account (https://rewards.experiencepoints.io) and join us on Discord (https://discord.gg/5tKXhpxQMJ). We do not support all games and achievements by default, so we will need to know more about the games you like to play before you can start to earn XP.

In the future, this platform will be expanding to other forms of reward for participation in other programs, offering earning opportunities to a wide audience. Stay tuned for more integration and testing opportunities!

Thank you,

Casey, XP Core Developer

eXperience Points Core version 5.2.0.2 is now available from: https://github.com/experience-points-development/eXperience-Points/releases

eXperience Points 5.2 is finally here! Kid tested and mother approved, its a whole new set of desktop native wallets for Linux, Windows, and MacOS made just for you.

Packed inside this powerful update are enough features to overwhelm even the heartiest of crypto-enthusiasts. This update introduces cold staking (delegated Proof of Stake) which allows a coin holder to stake their coins with a third party while retaining the private keys to those coins. It also introduces privacy in the form of zk-SNARK Shielded transactions which allows for pretty much every aspect of coin transfers to be conducted completely in private. There's an entirely fresh, modern interface that brings the wallet out of the QT dark ages, HD-enabled wallet support, greatly reduced resource demands for hardware running the core, and a host of fixes for bugs and other issues. If you really want to have tl;dr fun, it's literally everything in these PIVX releases:

https://github.com/PIVX-Project/PIVX/releases/tag/v5.2.0
https://github.com/PIVX-Project/PIVX/releases/tag/v5.1.0
https://github.com/PIVX-Project/PIVX/releases/tag/v5.0.0
https://github.com/PIVX-Project/PIVX/releases/tag/v4.3.0
https://github.com/PIVX-Project/PIVX/releases/tag/v4.2.0
https://github.com/PIVX-Project/PIVX/releases/tag/v4.1.0
https://github.com/PIVX-Project/PIVX/releases/tag/v4.0.2
https://github.com/PIVX-Project/PIVX/releases/tag/v4.0.1
https://github.com/PIVX-Project/PIVX/releases/tag/v4.0.0

Since this is a major upgrade, we will be hard forking the chain at block 1050501. We expect to hit this block sometime around Saturday, October 2, 2021. The new wallets are compatible with the chain prior to the fork and can be used to conduct staking, masternode, and all other coin operations before the fork block, meaning that you can upgrade as soon as the new wallets are released. You don't have to wait for the fork block to upgrade. This is also a protocol change, so all masternodes will need to be restarted if they are to remain on the network after the fork block. Before the fork and for up to a week after the fork, cold staking and privacy will be turned off via spork control. Once the network has cleared the chain upgrade and stabilized, we will turn on cold staking and privacy. A non-mandatory wallet update (5.2.0.3) will also be released at that time.

We expect there to a be a learning curve with this new wallet, especially with the introduction of cold staking and privacy. If you have questions, ask and we will do our best to help.

As previously announced on May 28, 2021, we expected that Midas.Investments would be moving away from XP because Midas was moving away from masternodes in general. XP wasn't removed in the first round, but XP is being removed in the second round. Please review the following schedule:

Thursday, July 8, 2021 - Nodes will be turned off and no further payouts will be made to investors. XP will no longer appear on the Shares table on Midas, Midas exchange and InstantBuy.

End of August, 2021 - XP share cards for existing users on Midas will no longer appear on UI. Blockchain/automatic withdrawal support will stop and users will need to contact Midas support directly to process.

We are seeing a move by the Midas.Investments platform to not be in support of masternode currencies. Therefore, at this time, we are strongly recommending all holders of XP remove their coin from that platform immediately.

We have not received confirmation that Midas is delisting XP at this time, but we are expecting it might happen in the near future.

Hi everyone,

Always a good time to be had by looking back at some of these posts and wondering where these naysayers are today.

Old chain is dead as in DEAD. If anyone out there is peddling otherwise, good luck with that.

New chain is alive and well. We swapped nearly half of the supply. Considering the age of XP, that's remarkable. Nearly 150,000,000,000 in old XP converted to the new chain.

New markets and opportunities are in development. We're not sprinting to win some made-up race. We're methodical, measure twice - cut once.

And that whole dev-dumping the new premine bs.... who was calling that? I take a great deal of personal satisfaction in proving you wrong on a daily basis.

Enjoy!

Casey, XP Core Developer

Market capitalization and liquidity (which you're referring to here by "[fiat] flows into the coin") are once again very different things. No coin on the market will sell for its market capitalization because no coin has a single buy order for the entire circulating supply at the market price.

Here's how it really works... for the post and pre swap coins to have equivalent value given the ratio, you need two, and only two things, things:

1. buyers and sellers willing to trade at the appropriate values (market capitalization)
2. enough buyers and sellers to trade at that value to starve buyers and sellers at lower values (liquidity)

That's it. Anyone else suggesting otherwise lacks economic awareness, and yes, there's quite a few people like that running around.

Also, as the coin is proof-of-stake, you need at least double the old coin's circulating supply at the given ratio in the swap's premine to ensure no rouge actors are able to get a majority of the staking power. The team is going to need the 2 billion to keep the new chain stable as large stake holders swap to the new chain. Once that coin is no longer needed, we may consider burning some of it, much like other reputable coins have done. To try to start a new chain without the coin to ensure no one can own the network would be highly irresponsible.

As for the bills, the team runs 20+ VPS of varying resources to provide seeds and explorers for mainnet and testnet, mail, website and other infrastructure. Even at the cheapest configuration on most VPS hosts, you can do the math and know it's not gonna be cheap, and since this old wallet is a beast on memory (a frequent complaint by service providers and individuals hosting core nodes), most of our VPS are not running minimal configurations.

What is expected versus unexpected is usually, in a large way, just a measure of someone's experiences. You didn't know how to calculate our new market capitalization, and honestly, it's still high, you should be around the 1.5 to 2x, not 3x. By the way, any of those are a heck of alot better than the 19x you calculated... That's something I could help with, but for sure, I'm not going to call you an amateur for it. You're welcome to your opinion about my experiences. Time will prove you right or wrong.

As for this "sell at a loss" nonsense, we're not saying that resurrecting the old chain will be impossible. Someone could do it, but they'll have to do it on their own with their own cash and definitely as a fork, just as I have had to do the last 4 months with the old chain. You folks seriously have no clue who is paying the bills right now to keep the old chain infrastructure going. I'm happy to pay the bills till we've swapped, but after that, someone else is going to have to do the work if you want to keep the old chain alive. I have absolutely zero obligation to anyone to keep the old wallet going because the team had decided to swap long before I joined them. I'm paying for it now because I feel it's the right thing to do, but not a day after the swap is over.

As I've always said, folks who want to stay on the old chain can stay there, but they'll have their work cut out for them. I know, because I have to work with the old chain everyday.

A manipulative buyer couldn't have said it better!

Hi FalconCoinTalonPower,

I think where your math goes sideways is that the post-swap value in DOGE shouldn't be multiplied by the supply cap. Market capitalization is not calculated that way. It's multiplied against the circulating supply, in this case, 4 billion, keeping in mind that half of that is locked up for development and the other half is for swapping the coin base.

The other thing is that the only way to get the new coin is by exchanging old coin or minting from exchanged coin, and we're not conceding ground on that. If to get a new coin you must give 200 old coin, why would you then turn around and sell that new coin at a value less than 200 old coins? I mean, if you want to take a loss, by all means, go for it, but I wouldn't expect most people to want to do that. Might there be people that are willing to sell the old coin at less than .00134 right now and will sell the new coin for less as a result? Possibly, but I think the coin has found its bottom, and I doubt there will be much of a sell off for natural reasons. Certainly manipulators be manipulators...

Where swaps really run into trouble is when they do one or more of the following...

1. Duplicate coinbase from another chain, essentially making a whole new chain of free money. Hoping it has any relevance to the original coin is a pipe dream because there's nothing at stake.
2. Flood the market with free coin from the new chain. Once again, very bad for valuation. Typically done to attract community. We already have community. Folks are going to have to do real development work to get any coins from the team.
3. Exit scam or in some other way violate swap rule integrity

We're doing none of the above, and we have introduced some innovative and easy-to-reference methods for ensuring that.

You're welcome. I told you we would make resurrecting the old chain difficult, and I meant every word of it. Someday, we'll take a look at returning to trade Satoshi, but for now, we're focused on our exchanges were trading is actually happening.

When all is said and done, we'll still have 4 well established exchanges (some KYC, some not), 3 staking pools, and entirely new service providers for masternodes.

Granted, they'll all be on the new chain. We're finalizing some changes to the DAO/Governance on the new chain, and then we'll have new wallets ready to roll.

How we're doing the swap was decided long ago.

I know you don't like how we're doing the swap, but that's life. You have no control over how we do our swap.

You do control buying, selling, holding, swapping coin you have on the old chain and whether you fork the old wallet, pay for and setup infrastructure to maintain the old chain, and procure your own pairings on exchanges.

I wish you the best of luck in whatever you decide to do, especially if you decide to stay on the old chain.

Casey

Pretty sure Coin Exchange is going to give you 30 days to leave your coins on their exchange or withdraw them. If you leave them there and they're swapped, that's on you. Listings on exchanges aren't between investors and exchanges. They're between coin teams and exchanges. We can actually have Coin Exchange place XP into maintenance mode at any time. You can't. That's how we're different.

The reason why you signify nothing... the people you're mad at right now, the people who you're belittling and cursing and threatening... are the people responsible for keeping the old chain alive to this point. I wonder where you'd be if we had just packed up, confirmed "Dead Coin", and left everyone with big bags of worthlessness.

Anyways, do what you want with your coins. We're going to do what we need to do with our chain, wallet and brand. Catch ya on the other side.

I think working together would be a wonderful idea, but that's hard to do when we can't come to agreement about what the work actually is.

That's where your previous comments have made it clear that you believe the work we're doing now is not the right work, and you'll have no part in helping us. Remember?

Now if you want to help us with the work we're doing, we can talk about that, but we are past the point of considering what the work actually is.

Casey

Well done! You've managed to catch up to where the XP team was three months ago.

Keep at it! You'll catch up to us eventually... I think. Maybe not, but hey, at least you tried.

I actually think you're going to see a lot of improvements coming down the line after the swap. Personally, I can't promote something unless I believe in it, and that's just not possible with the current chain and wallet. Once we're on this new chain and new wallet, we can start the actual work of integrating with use case participants.

Look, the last time anyone really worked on the old chain in any capacity was back in March of 2018. If anyone says "But May 2018...", you're an idiot. Updating a shell scripting file to do the setup differently is not a wallet update. There has been a full 16 months where NOTHING has been done on the old wallet, and no one is saying they're interested in doing anything with the old wallet.

This alone should make you question the credibility of anyone claiming the old chain and old wallet are doing great, but let's add some more fuel to the fire...

The minting panel is broke. If you generate an orphan, the stake input will disappear from the minting panel. Requires a wallet restart to see it again.

Pretty much anyone who upgrades their MacOS is screwed. Mojave isn't supported, and High Sierra barely worked as is. So bye bye Mac users...

Wallet starts are still slower than they should be, even with the improvements made in the past.

Memory consumption is ridiculous... 4+ GB minimum at this point to load a core.

Yeah, real great wallet you have there. Probably a good wallet at the time it was being maintained, but to expect it to remain good with no one working on it for 16 months is ridiculous.

Casey

I think more to LoD's point, those who really know the old chain know that there's no demand for a chain like it. Frankly, diorthotis, your last post just cements for me how little you know about the current code base. Hell, how long has Fake Stake been a known issue? It doesn't even try to deal with that. You know why? Hasn;t been updated in over 14 months. Wallet corruption is also a huge issue for anyone who has ever actually ran a popular service on the chain... there's a whole list of problems that people with actual service level experience know about this wallet because they learned it the hard way.

Look, for the person who is reading through all this, here's what you need to know:

1. The person who did most of the development for the current wallet is still on our team.

2. He supports the swap.

But like I said, stay on this old chain or even buy into this old chain if you want. Start finding your new services, new dev, new team, new discord, new websites, new social media, new... everything though, because everything that is eXperience Points right now is moving to the new chain.

Casey

Casey here. I'm actually interested in knowing how Coin Exchange handles this scenario, so thank you for the exercise.

Logic of Dreams, I think you've done well to try to represent the situation, but know this, it's hard to take the stink out of poop, cause at the end of the day, it's still poop.

As I've been telling every XP holder from the start, if you don't want to swap, don't. It's the beauty of crypto. You're your own bank, and rightfully so, you can elect or not elect to network with other banks. You have every right to keep your coin. You have every right to feel, say and believe whatever you want to feel, say and believe about the swap. You do not have the right to control others though, and anyone is free to fork our chain at any time for any reason.

Other than that, there's really little to talk about. I don't believe it matters anyways. Words are hot air. Actions are what matter. So here's what my actions have been since I joined the team in March 2019. I've kept the lights on for a chain that was about to go dark because the last remaining vestige of a dev this coin had decided enough had been enough. I've rebuilt explorers, mail servers, websites, nodes... lots of stuff that would be dark right now if someone had not done it. I will continue to do that. I will continue to find more people who want to do that. We will move forward, and those who don't want to be part of this group, please, please, please, don't try to join us. Instead, find someone else willing to do all this for you again for your old chain.

That's the wonderful thing about crypto. Anyone can actually do it, if they stop complaining and rise to the occasion. The folks who don't swap, I hope you can move on and rise to the occasion. I hate to seeing good folks holding worthless bags.

Casey