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21  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] Sprouts🌱(SPRTS) - Revival Cryptocurrency with Hardfork [PoW/PoS] on: June 03, 2018, 03:06:10 PM
🌱To the community🌱
Information on the progress of development from Sprouts Dev team. (June 3, 2018)



*About The New Wallet Test

Applicants of Dev team, Active member and Rain Ranker are carrying out the test of the new wallet.
From today, we expand the participants of the test to all the members of the community.
Those who wish to participate are requested to write to #testnet-join in Discord community participation.


*About The Splash Image Contest

Thank you for many applications to the splash image contest.
Entries were closed on June 3rd, 2018, 15:00 (UTC)
The vote is scheduled to start in June 4.
We prepare a BOT for voting.
We will inform you about detailed method at the start of voting, please wait for announcement.


*About Role Name Change of The Administrative Members

As the number of roles in Discord community has increased, the number of questions has increased as to who is the development team member.
In order to make it easier to understand the development team member this time, we will change the names of the team member's roles as follows.
Code:
ADMIN ⇒ [admin] CHIEF ADMINISTRATOR
TRANSLATOR ⇒ [admin] TRANSLATOR
SUPPORT MEMBER ⇒ [admin] SUPPORTER
BOT DEVELOPER ⇒ [admin] DEVELOPER

We will define each role as follows according to the role name change.

[admin] CHIEF ADMINISTRATOR
  The total administrator of this community.

[admin] TRANSLATOR
  Responsible for translation works and communications with various overseas organizations.

[admin] DEVELOPER
  Responsible for Sprouts wallet development, management of official website, development of Bot.

[admin] SUPPORTER
  Responsible for the management of Discord and other communities.
  Also assists various administrative tasks as necessary.


Sprouts Official Development Team
22  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] Sprouts🌱(SPRTS) - Revival Cryptocurrency with Hardfork [PoW/PoS] on: May 27, 2018, 03:47:44 PM
🌱To the community🌱
Information on the progress of development from Sprouts Dev team. (May 28, 2018)

*About Hard Fork

Thank you for voting about hard fork confidence.
With many approvals, hard forks will be carried out as announced in the white paper.

Next, we will inform you about the final test of the new wallet.
Currently, we are making final adjustments by the development team, and we will distribute the new wallet for testing only for development team · Active Member · rain rankers.
We will also carry out tests cooperating with general volunteers on the schedule below, so I would like to wait for a while.

① May 27 - June 3  Test by development team・active・ranker (testnet)
② June 4 - June 17 test with general volunteers (testnet)
③ June 10 - June 17 Test using the current block chain before the hard fork

We appreciate your understanding and cooperation.


*Bugs in current version wallet

A new problem related to known 2 billion bugs has been discovered.
We already know that the current wallet can not handle more than 2 billion transactions.

In addition, it turned out that if you exceed 2 billion at the time of stake you will not be able to receive the reward forever.

For example, 1.5 billion transactions will have 510 million as reward on the 17th day and will be over 2 billion when combined with the resource (1.5 billion).
Since 2 billion is set as the maximum value that can be handled in transactions, it is not approved by other networks and never stake.
Because it did not happen that Wallet ended abnormally, it took time to be discovered.

Care must also be taken when trying to divide multiple transactions for the same reason.
For example, trying to make 1.1 billion transactions from 1 billion, 800 million and 400 million transactions
After 2 billion transactions are made with 1 billion, 800 million and 400 million plus a history of transactions on wallet.dat, the wallet will end abnormally on the ceiling of 2 billion.
In this case, you can not start wallet unless you delete the remittance history from wallet.dat.

As well known in the past, sending exceeding 2 billion also requires the same attention.(編集済)
Although you can modify the current wallet to handle more than 2 billion transactions, If you distribute a wallet that raised the upper limit higher than 2 billion, wallets that approve 2 billion transactions will branch to other chains. In that case, it will be impossible to send money to CE or other normal chain.
(* If you can not take out the balance due to 2 billion defects, please contact us.)

This problem will be fixed by the new wallet scheduled to be released, but because the chain diverges, it will be after hard fork that the upper limit will be 40 billion.
If you individually create and distribute wallets which can handle transactions of more than 2 billion, the risk of branching the chain will increase, so please never do it.

Regarding the total amount of transactions in Wallet, even if it exceeds 2 billion, there is no particular problem.
Please be careful that the sum of transactions engraved on the block will never exceed 2 billion at any time.


*About the Splash Contest

It is attention about the splash contest currently being held.
A lot of people have already submitted applications, but many works are not following application guidelines. (7 out of 15)

These works will not be included in the voting after the application deadline.
Moreover, we will not contact the authors of such work individually from the Sprouts team.
Please understand that we can not deal with even if you contact us after the voting period starts.
Please confirm again that your work conforms to the regulations before sending from the application form.


Sprouts Official Development Team
23  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] Sprouts🌱(SPRTS) - Revival Cryptocurrency with Hardfork [PoW/PoS] on: May 25, 2018, 03:04:03 AM
🌱Splash Image Contest

For the splash image contest currently being held, the number of entries per person will be limited to [3] for reasons such as voting becomes difficult.
We will contact directly who have already posted any more, and cancel his/her all entries once. Sorry to trouble you but please  choose the best 3 works and submit again.
We are waiting for your application!

Sprouts Official Development Team
24  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] Sprouts🌱(SPRTS) - Revival Cryptocurrency with Hardfork [PoW/PoS] on: May 23, 2018, 03:20:14 PM
🌱Sprouts Wallet Splash Image Contest🌱

We will refresh the splash image of Sprouts wallet when carrying out the SPRTS hard fork. We will call for splash image designs in Discord community and will decide Grand Prix by voting.
If you win a Grand Prix, your work will be displayed when wallet is launched.
This is a rare opportunity, please join us all!!

Current splash image: https://drive.google.com/open?id=16NgpRkKQhbL7TPcKaT5dI-6l_YEF_Kxw

*Application Period*
May 24th - June 3rd, 2018, 15:00 (UTC)

*Voting Period*
June 3rd - June 7th, 2018, 15:00 (UTC)

*Application method*
https://docs.google.com/forms/d/e/1FAIpQLSd4O18PX0OwsUydZqJxl1YIu128-u5Ig8FXRpmdQlk6xfQvxQ/viewform?usp=sf_link
1. Input your user name on Discord.
2. Attach the image file to apply for.
That's all.

*Application Requirements*
Please apply for images that satisfy all the conditions below.
1. png image file
2. Size within the range of horizontal 320 to 640 pixels, vertical 240 to 480 pixels
3. Including new logo image

*Notes*
Applications and victories will be canceled if actions that violate the following matters are discovered.
· The number of entries per person is limited to [3].
· The following works are not eligible for entry.
  · Works using personification characters (Moyatasu, etc...)
  · Works using the old logo icon
  · Works using generators etc
  · Works that infringe rights of other people
· The author prohibits introduction / disclosure of his / her own work inside the community and external SNS etc, and invitation to vote for his / her own work.

*About rights*
For grand prix works, it is subject to publication as Creative Commons CC0 at the time of adoption.
https://creativecommons.org/publicdomain/zero/1.0/deed.en

*Reward*
Grand Prix : 10 million SPRTS + donation from community
All applicants : 100 thousand SPRTS

*About Donation*
The community member can now donate SPRTS as the Grand Prix reward!
To make a donation, just do ",shipping @もやたす#1237 [amount]" in Discord community.
The period of accepting donation is until 15:00 on June 7th.
"I can not design but would like to make a contest active ..."
We are waiting for your donation!


Sprouts Official Development Team
25  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] Sprouts🌱(SPRTS) - Revival Cryptocurrency with Hardfork [PoW/PoS] on: May 23, 2018, 03:15:04 PM
To Community.
I'm sorry that the link of discord was broken.
https://discord.gg/pJEChkz
it is true.
26  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] Sprouts🌱(SPRTS) - Revival Cryptocurrency with Hardfork [PoW/PoS] on: May 20, 2018, 06:50:20 AM
To the community
Announcement from the Sprouts Dev team.
As already mentioned in the white paper, Sprouts is scheduled hard fork on July 7th.
Therefore, we carry out the confidence vote of the hard fork plan announced detailed in the white paper from May 20th 15: 00 (JST) until 24:00 (JST) May 27th. Voting is once per a person. The choices are "confidence" or "no confidence". Of the validity votes, approval is 50% or more and the HF proposal will be passed.Voting is done on Discord. For voting, Discord's phone number authentication is required.
 (Click here for the Sprouts Discord community: https://discord.gg/pJEChkz)

Regarding the voting method, please confirm with # vote-channel in Discord.
We are waiting for everyone's vote.
27  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] Sprouts🌱(SPRTS) - Revival Cryptocurrency with Hardfork [PoW/PoS] on: May 18, 2018, 02:11:58 PM
Hello,

I have read the whitepaper. And although you have redirected questions to the Discord I am going to send them here, because our communication started on here.

To keep everything open and transparant I think it is good to have all answers out in the open.

I think the following questions will be similar to those of other members of the Sprouts community and therefore important to have answered with most detail.

1) You mention that you will first have a round of questions and then will have a community vote. Where will this community vote be held? Is this community vote open/accessible for all people of the Sprouts Community? Is the vote binding (so, if the community says "no" will the hard fork be cancelled)?

2) An hard fork means you will be forcing everyone holding Sprouts to get onto the new chain. Otherwise they will lose connection and will not be able to trade their Sprouts. How will you make certain this information is wide spread? How will you make certain that there will not be confusion on which Sprouts are on the hard fork chain and which are not? Worst case scenario people will buy old Sprouts on one exchange, that is not affected by hard fork implementation. Conclusion: buying a coin that is not officially tradeable as Sprouts.

3) I do not think the new reward is fair.
Scenario: someone sets up 1 million accounts with each 1000 Sprouts. This would mean someone will have more accounts trying to win the reward. However someone with 1 account with 1 billion Sprouts has the higher probability you could ask yourself if there is enough certainty to say the network will stay as fair. I do not feel it is fair that someone with 1 dollar investment can reach the same amount of reward as someone with 1 million dollar investment. I understand the probability is higher, but PoS (proof of stake) originally works: the more you hold, the higher the stake, the higher the rewards.

4) From the whitepaper I still do not have a clear idea how Sprouts dev team is going to create this high of a demand to pump 8 trillion Sprouts around. It is already hard enough for coins with 100 billion supply to increase value. And these coins normally have millions of funds allocated to marketing, research, etc.. How is Sprouts going to accomplish their goals with this big of a disadvantage?

5) You even state in you whitepaper that Sprouts will be worth more. I do not see this happening, not significantly anyways, without significantly lowering the supply. Supply and demand. There is far to much supply and far to little demand. In line with question 4, from an economical standpoint how does the team approach such matter?

Thanks for your reply.

All the best with the project.

Thank you for your interest in Sprouts. And sorry to have taken long to answer very much.

1)
The voting method will be announced at the time of voting.
We will prepare an environment where you can vote for as many people as possible.
If you are a member of the community, you can vote.
We are thinking about a fair way as possible.
If it is rejected, we will not do hard fork.

2)
We have already contacted CoinExchange.io.  They promised to replace their wallet with the new version before the hard fork. If a lot of nodes don’t update their wallet after we release the new version, we will announce about the hard fork again and alert you to the danger of not updating the wallet.

3)
Although it is also listed in FAQ, dividing at 1000 SPRTS is not a correct strategy, as the probability of compensation is determined according to the holding amount.
Total rewards for 1 dollar investors and 1 million dollars investors are different.
The current reward-system gives twice the benefit potential as the probability of compensation and the rate of reward amount, so we feel current rule is not fair.
The community will decide whether the specification after the hard fork is fair or not.

4)
We do not think the large amount of total issuance as a problem. The problem is that the increasing amount and demand do not match.
Rewards are drastically decrease this time.
Our mission is to create demand that is commensurate with remuneration.

To have no funds is certainly a difficult aspect.
However, through community activities, we have been developing new functions even without funds.
Whether a project without funds can not succeed, the answer is obvious if you look at the open source project in the world.

5)
Please refer to answer 4. What we need is to match increasing amount and sprouts demand.
Please expect  the white paper in June. we will announce  what kind of approach to make demand.



That's all from us. Thank you.

Sprouts Official Development Team
28  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] Sprouts🌱(SPRTS) - Revival Cryptocurrency with Hardfork [PoW/PoS] on: May 13, 2018, 02:32:42 PM
🌱About Sprouts hard fork and Website🌱

We are considering hard fork for Sprouts regeneration.
This is a specification change required to play Sprouts under the new concept.

Please refer to the white paper for details of detailed specification change.
We will set up a questioning period concerning this specification change for one week, and then we will carry out the confidence vote for the hard fork in the community.

The official website has also been renewed today.
English Site : https://sprouts-coin.org/en/
JP Site: https://sprouts-coin.org/


If you have any questions about the white paper please describe it on the following channel in our Discord community.
#wp-question-room

Thank you.


Sprouts Official Development Team
29  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] Sprouts🌱(SPRTS) - Revival Cryptocurrency with Hardfork [PoW/PoS] on: May 06, 2018, 02:00:11 PM
Have you determined the cost of the tokens already?


we first carry out the SPRTS hard fork.
But if we cannot revive SPRTS by only hard fork, we may make a new currency swap.

So it is not yet decided whether or not to make a new currency. (Of course the price as well)
30  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] Sprouts🌱(SPRTS) - Revival Cryptocurrency with Hardfork [PoW/PoS] on: May 06, 2018, 01:44:56 PM
Will swap will be automatic on coinexchange.io wallets or it need to be move on personal wallets?

Can you please reply?

Your SPRTS on Coinexchange will be forked automatically.
If you are holding in your desktop wallet, you need to move wallet data to the new wallet.

(If the method is changed, we will anounce again)
31  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] Sprouts🌱(SPRTS) - Revival Cryptocurrency with Hardfork [PoW/PoS] on: May 06, 2018, 01:35:02 PM
🌱To the community🌱
Information on the progress of development from Sprouts Dev team. (May 6, 2018)


*About New Logo
Thank you for participating the Sprouts official logo contest the other day!
As announced, あね's work won the Grand Prix and adopted as the official logo!
In addition to the icon of this server, icons in the exchange and the Blockchain Explorer are already updated to the new logo. Please check it.

*About Hard Fork
We continue to incorporate new specifications based on PeerCoin, and it is under test operation.
We have decided our policy on the specification of PoS reward which we plan to change within the hard fork operation.
Details will be announced as soon as preparation is ready (May 13 is scheduled).
We will decide whether to implement or not after the voting of confidence in the community.


*About New Wallet
As for the appearance, except for the splash image at startup, it is nearly completed and it is going to be like this.
https://imgur.com/a/YHe8DRX
※ It may be changed when released.


Sprouts Official Development Team
32  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] Sprouts🌱(SPRTS) - Revival Cryptocurrency with Hardfork [PoW/PoS] on: May 03, 2018, 11:13:00 AM
※It may take time to reply to questions.
33  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] Sprouts🌱(SPRTS) - Revival Cryptocurrency with Hardfork [PoW/PoS] on: May 03, 2018, 11:09:46 AM
🌱SPRTS logo contest finished!🌱

Sprouts new logo contest has finished!Thank you for many votes.
Grand Prix was あね's work!
Congratulations!
And thank you for all designers and community members to participate!

Please check out the design at official Twitter or Discord community.
Twitter: https://twitter.com/sprtsofficial/status/991715393700970497
Discord community: https://discordapp.com/invite/AKVsYTn


Sprouts Official Development Team
34  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] $SPRTS - Download New Sprouts Wallet Release 2.2.2 - Join us on Cryptopia on: May 03, 2018, 08:56:58 AM
[Again]

#1 of this topic includes too much old information, but it was posted by former team and we cannot edit or delete.
so we made a new ANN topic of SPRTS.
Please check the new topic from now on: https://bitcointalk.org/index.php?topic=3451062

Thank you.

Sprouts Official Development Team
35  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] Sprouts🌱(SPRTS) - Revival Cryptocurrency with Hardfork [PoW/PoS] on: May 03, 2018, 07:36:24 AM
Hello,

Good to see there is a new thread for Sprouts, as indeed the old one was full of old information.

In terms of clarity I have a few questions as a Sprouts holder, in line with questions asked by others from the Sprouts community.
I am asking as a Sprouts holder, not an Auxilium team member, who has some questions that popped up within the community the past weeks.
And I am addressing these questions here, because there seem to be no other official transparant channels where I can contact actual people (i.e. no groupchats or people acting under an alias) behind the project.

1. "For this reason, we are considering hard fork and swap to new currencies in parallel." - could you please elaborate what is meant by this, as it can be interpreted that you will be offering some kind of swap to a different currency, or even multiple different currencies (i.e. not Sprouts).

A. Follow-up question 1: not long ago there were messages that the Sprouts development was taken over by the Japanese community, and that the team who opened up this new thread, was no longer actively developing Sprouts. After months of work it could be said this is true, as the goals (altering total supply and PoS), which are very doable with this excisting code, have not been reached. Who are active on the development of Sprouts? One team, or multiple teams?

B. Follow-up question 2: Sprouts community members have read about a possible swap to for instance Trinity coin, which is a dead/inactive coin that might be used for a swap. Is this one of the currencies you are aiming at 'point 1'?

C. Follow-up question 3: If you are performing a swap from Sprouts to a different cryptocurrency, isn't that a bit hypocrite as to date this team always have said a swap to a different cryptocurrency (for instance Auxilium) is a scam? Why should people trust a swap of your development team, but not another development team?

2. The main problem seems to be the total supply of Sprouts. The total supply makes it impossible to compete within the Bitcoin market, and it already struggles to compete within the Dogecoin market. Lowering the PoS rate will indeed slow down hyperinflation, but the damage is already done. Sprouts is hyperinflated. How is the hard fork, without lowering the total supply, going to solve this issue?

3. After all the years that Sprouts has been online it never has seen a whitepaper, team introduction (and not only people behind their computer screens), good working website, etc. Is there going to be a change in this?

4. Maybe even the most important question: "we will carry out the hard fork" - who is we? I think the community would like to know who is planning an hard fork influencing peoples cryptocurrency/money. What is the background of these people, what is their experience, have they ever had successful projects in the past or maybe even non-successful project (i.e. what is their trackrecord)?

5. If there is a swap, what will the swapratio be, and how will this affect the value of peoples holdings? How will the team (try and) maintain and/or improve the value of the holdings of those holding Sprouts? If you consider burning Sprouts you will have to have a solid plan with analysis to back this action. Because if the swap has a negative outcome for the value there is no way back; the Sprouts holdings will be burnt.

6. Also mentioned by yourself: is it even legal to perform an hard fork on a cryptocurrency? Do you have consent of the owner, do you have consent of the majority community (as this is a community based coin)?

Thanks for answering these questions. A lot of community members will find this very helpful as there is hardly any core information available on easy to reach sources.

Kind regards,

 Smiley




Thank you for good questions. I am sorry that the answer was delayed.

In countries excluding Japan, our announcement was not enough. we think it should be improved.
Since last month, we are releasing the official announcements in English/Japanese at the same time, but it is true that there was a lack of explanation in English. (like you asked us a question.)

To some of the questions you asked us, we already have concrete answers but not published yet.
We are planning to announce them by May 13.
The answers are based on the contents announced mainly on the official announcement and the official Community on Discord(JP)


Question1 : Are you considering hard fork and swap to new currency in parallel?

Within the official announcement on March 13, 2018, we have expressed the following view:
1, we will carry out the Sprouts hard fork
2, There is a possibility of swapping to the new currency.             

Currently, we are developing HF. It is clear if you look at announcements we released after March.
Swap to new currency is NOT our aim, our aim is to realize the concept.
We should choose if we run it on Sprouts or in a new currency(swap).
If Sprouts can be revived, we will execute with Sprouts. If it becomes difficult to revive Sprouts, we will consider shifting to the new currency.

A. Follow-up question 1
The Japanese team is developing Sprouts. However, we do not emphasize the development of the currency itself.
We value emphasis on actual use such as event and function development on other Discord, or events linked with other currencies etc. (This is a very different part from Auxilium pursuing currency functions such as Smart Contract.)

The Japanese management team is one team. about 20 to 30 people are enrolled in the management team.
Actually, 80% are playing a role of actual use other than currency function, and development of Sprouts currency is carried out with about 5 people.

B. Follow-up question 2
As mentioned above. We aim to realize the concept that we think.
It is not decided whether to use Sprouts or new currency(swap) as means.
Priority, we aim to revive Sprouts first.

C. Follow-up question 3:
As mentioned above, new currency is not under development yet.
Regarding the confidence of the development team, we think that we are confident in the current situation for the Japanese community through development of various functions on Discord, alpha version testing of exchanges with other currencies, and so on.
The appeal to overseas may be insufficient, but we will be exposing in various ways in the future and getting confidence.


Question 2 Sprouts Main Problems and Solution

We will present our opinion within the WhitePaper scheduled for release by May 13.
Although some have already been decided, please wait for the release of White Paper.


Question 3 About the website

We have been focusing on Discord so far, and did not think the website is important.
In the future, we plan to go using the Web site for distributing WhitePaper , new Wallet and announcing to non-holders.


Question 4 Who is leading HF

Japan's management team is leading.
Each of the developers have their own full-time jobs. we are volunteers.
Since most of the members work at companies, we cannot clarify details because of confidentiality agreement, but developers with various backgrounds are leading HF


Question 5   About Swap
As mentioned above.


Question 6   Consent of the majority community

We will also mention about the confidence of the community within the WhitePaper scheduled to be released by May 13.
Naturally the confidence of the community is necessary, we propose the revitalization of Sprouts in the way we think it is best.
Whether to be trusted or not depends on the community.
If this best practice is not credible, We will start developing the new currency.
There will be a possibility that Sprouts' Swap.



Finally
We do not intend to confront Auxilium and I rather hope to coexist with Auxilium.
The directions the currencies aim for differ, so we believe that the community participants themselves can choose Sprouts or Auxilium.
For the current Sprouts community, it seems very good to have multiple choices.
36  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] Sprouts - Revival Cryptocurrency with Hardfork [PoW/PoS] on: April 30, 2018, 10:49:36 AM
Discord link expired
fixed. thank you!
37  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] $SPRTS - Download New Sprouts Wallet Release 2.2.2 - Join us on Cryptopia on: April 30, 2018, 09:18:05 AM
#1 of this topic includes too much old information, but it was posted by former team and we cannot edit or delete.
so we made a new ANN topic of SPRTS.
Please check the new topic from now on: https://bitcointalk.org/index.php?topic=3451062

Thank you.

Sprouts Official Development Team

38  Alternate cryptocurrencies / Announcements (Altcoins) / [ANN] Sprouts🌱(SPRTS) - Revival Cryptocurrency with Hardfork [PoW/PoS] on: April 30, 2018, 09:09:39 AM
Sprouts Revives Now!


🌱Wallet
Windows: https://github.com/sprouts-coin-org/sprouts/releases/download/v0.2.0.0/sprouts-qt.zip
Mac: https://github.com/sprouts-coin-org/sprouts/releases/download/v0.2.0.0/Sprouts-Qt.dmg
Bootstrap: https://github.com/sprouts-coin-org/sprouts/releases/download/v0.2.0.0/sproutshf_bootstrap_20180618.zip

Source code: https://github.com/sprouts-coin-org/sprouts
How to Setup: http://www.sprouts-coin.org/en/wallet.html


🌱Blockchain Explorer
https://chainz.cryptoid.info/sprts/

🌱Exchange
https://www.coinexchange.io/market/SPRTS/DOGE
https://www.coinexchange.io/market/SPRTS/BTC

🌱Communities
Discord: https://discordapp.com/invite/AKVsYTn
Telegram: https://t.me/Sprouts_announcement (ANN)
      https://t.me/sproutsofficial (chat)
Twitter: https://twitter.com/sprtsofficial
Website: https://sprouts-coin.org/en/



Sprouts had been born in 2015, but had few updates during long time.
Members of the development team have changed greatly, and we started taking actions to revive this coin.


1, We carried out the Sprouts hard fork

1, We will carry out the Sprouts hard fork

We will carry out the Sprouts hard fork to correct too high PoS rate.
in the previous announcement, we mentioned that we had also a possibility that source code of Peercoin is better for use than that of current Sprouts.
we have decided to carry out the hard fork on a PeerCoin-based code, taking into consideration potential bugs that have not yet been acknowledged.
In the plan, we will finish testnet check at the middle of May. We are planning to carry out a test for hard fork on mainnet from mid-May to late May. We will also release new wallet between late May and early June.



2, Swap possibility to the new currency.

Currently, total issue of Sprouts is more than 7 trillion, so we will carry out hard fork to prevent further inflation.
However, as a result of various trials, it has become clear that the project progression is very difficult from the state of 7 trillion already issued. (Details are explained from the Dev team separately)
For this reason, we are considering hard fork and swap to new currencies in parallel.
In the case of swap to the new currency, there is a possibility that it may become a swap with a limit due to the current amount of issuance.
Swapped Sprouts are burned.

※The new currency is not about Auxilium. Please be careful.

3, We are planning to make an exchange (timing is undecided)

Sprouts intends to aim at the base currency of small price currency (bean sprouts coin, bean sprouts token). It is a position like DOGE for sleeping giant.
We have been working on the new exchange system for Sprouts market, and we finished a test of the alpha version.
However, we need to investigate legal requirements for the exchange, so we are temporarily halt the development. Our team will focus on hard fork first.



🌱About
Hybrid - PoW/PoS
PoW Algo - SHA256D
PoS Reward - Fixed amount (detail is written in White paper)
BlockInterval - 2.5 minutes



OLD announcement: https://bitcointalk.org/index.php?topic=1798901.0
39  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] $SPRTS - Download New Sprouts Wallet Release 2.2.2 - Join us on Cryptopia on: March 13, 2018, 07:10:07 PM
If there is a problem with your current wallet, or if you have any questions,
please come to discord. There are detailed people.


https://discord.gg/VMQD6b9
40  Alternate cryptocurrencies / Announcements (Altcoins) / 【developer updates March 12, 2018】 on: March 12, 2018, 03:51:08 PM
【developer updates March 12, 2018】

1, we will carry out the Sprouts hard fork

 It is confirmed that we will carry out the Sprouts hard fork to correct too high PoS rate.
However, there are various opinions on PoS and PoW rate and it is under discussion. Also, the timing is undecided.
We would like to take a questionnaire about the timing. We will announce you again later.


2, Swap possibility to the new currency.

 Currently, total issue of Sprouts is more than 3.8 trillion, so we will carry out hard fork to prevent further inflation.
However, as a result of various trials, it has become clear that the project progression is very difficult from the state of 3.8 trillion already issued. (Details are explained from the Dev team separately)
For this reason, we are considering hard fork and swap to new currencies in parallel.
In the case of swap to the new currency, there is a possibility that it may become a swap with a limit due to the current amount of issuance.
Swapped Sprouts are burned.

※The new currency is not about Auxilium. Please be careful.


3, We plan to make an exchange (timing is undecided)

 As we have announced before, Sprouts intends to aim at the base currency of small price currency (bean sprouts coin, bean sprouts token). It is a position like DOGE for sleeping giant.
Currently we are discussing whether we aim the position for currency after HF or new currency. As for the result, we will announce it separately including the progress situation.

 This is all that is decided by discussion with members including active members. If you have any questions, please ask the operating member. We will reply as much as possible to the public.


Thanks

SPROUTS development
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