Quote from: VirtusPay on April 01, 2018, 11:19:19 AM

Mandatory release! Please update as soon as possible! v0.12.2.2
https://github.com/VirtusPay/virtus/releases/tag/v0.12.2.2

Dear friends!

We are all worried about the decline of Virtus. Investigating the causes of this phenomenon, we came to the following conclusions.

1 - the general decrease in the value of base crypto-currencies (such as Bitcoin, Ether), as well as most alternative coins. Let's not forget the "Bearish" season in the market which has caused a rapid decline in the value of crypto- assets, such as Virtus.
2 - an overabundance of Virtus coins. There is also the issue of having excess rewarded that exceed the need of investors, so many "extra" coins appear on the exchange. There is no balance of supply and demand.

Following the main goal - to make Virtus a valuable coin - There is a need to change the economic model of the project.

Namely:

- the cost of the masternode will be increased to 25,000 coins
- the block rewards will be decrease to 10 VRT
- the total number of coins will become 18.000.000 VRT

What should I do in order to update my wallets? Regular and containing a deposit for the masternode.

DUK

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