Bitcoin Forum

Alternate cryptocurrencies => Altcoin Discussion => Topic started by: pandher on April 15, 2014, 01:30:07 PM



Title: ALERT!!!- ALL COIN2 HOLDERS
Post by: pandher on April 15, 2014, 01:30:07 PM
Coin2 is switching to a new pure POS coin. Everyone who holds Coin2 needs to get their coins converted ASAP!

If anyone fails to convert their coins, they will lose all of them. After the old POW network is killed, all old POW coins will be deemed invalid. So do it now on a critical priority basis.

Here is how to convert your old POW coins to new POS ones - https://bitcointalk.org/index.php?topic=483847.0



Title: Re: ALERT!!!- ALL COIN2 HOLDERS
Post by: GTO911 on April 15, 2014, 07:01:50 PM
Bump if anyone misses this, network shall be killed tommorow


Title: Re: ALERT!!!- ALL COIN2 HOLDERS
Post by: cryptohunter on April 15, 2014, 07:06:13 PM
wow didn't give people much time did they to swap over...?


Title: Re: ALERT!!!- ALL COIN2 HOLDERS
Post by: crunchynut on April 15, 2014, 07:24:08 PM
what if am on holidays and come back after two weeks? do i still own coins because i have copy of the blockchain on my computer, they are just worthless because there is no network? or did a third party destroy my coins by invalidating the blockchain and wouldn't i in this case be entitled to receive a full compensation from this third party?


Title: Re: ALERT!!!- ALL COIN2 HOLDERS
Post by: roslinpl on April 15, 2014, 07:25:51 PM
wow didn't give people much time did they to swap over...?
Well ... they cannot secure old network forever ...
And so far as I know most of c2 holders did manage to transfer their coins.



Title: Re: ALERT!!!- ALL COIN2 HOLDERS
Post by: roslinpl on April 15, 2014, 07:28:10 PM
what if am on holidays and come back after two weeks? do i still own coins because i have copy of the blockchain on my computer, they are just worthless because there is no network? or did a third party destroy my coins by invalidating the blockchain and wouldn't i in this case be entitled to receive a full compensation from this third party?

If you keep your coins on your desktop PC after holiday old c2 coins are going to be useless as network will be dead.


Title: Re: ALERT!!!- ALL COIN2 HOLDERS
Post by: goingDeaf on April 15, 2014, 09:12:09 PM
what if am on holidays and come back after two weeks? do i still own coins because i have copy of the blockchain on my computer, they are just worthless because there is no network? or did a third party destroy my coins by invalidating the blockchain and wouldn't i in this case be entitled to receive a full compensation from this third party?

My understanding is that there will be no one left one the old network and as no exchanges accept it any more it's effectively worthless, even though it still exists, with a lot less coins in it.


Title: Re: ALERT!!!- ALL COIN2 HOLDERS
Post by: cryptohunter on April 16, 2014, 02:16:48 AM
Coin2 is switching to a new pure POS coin. Everyone who holds Coin2 needs to get their coins converted ASAP!

If anyone fails to convert their coins, they will lose all of them. After the old POW network is killed, all old POW coins will be deemed invalid. So do it now on a critical priority basis.

Here is how to convert your old POW coins to new POS ones - https://bitcointalk.org/index.php?topic=483847.0



well done for posting this in the main section, without this i think a lot would have missed out. I can't imagine why their dev did not post here about the swap over when it was first decided.


Title: Re: ALERT!!!- ALL COIN2 HOLDERS
Post by: 3LEM3NT on April 16, 2014, 03:33:32 AM
I will never invest in a coin with a dev that would do this. If i didnt know thats one thing, but geez now I know. Bad Dev IMO


Title: Re: ALERT!!!- ALL COIN2 HOLDERS
Post by: pandher on April 16, 2014, 09:20:16 AM
I will never invest in a coin with a dev that would do this. If i didnt know thats one thing, but geez now I know. Bad Dev IMO

You should better get out of crypto then, crypto world gets updated every minute and anyone who is a lazy ass is a loser here.


Title: Re: ALERT!!!- ALL COIN2 HOLDERS
Post by: pandher on April 16, 2014, 09:21:41 AM
Switching complete. Coin2 is now Proof of Stake

Thread closed