Hello CON Community
I would like to open the discussion for a proposed coin swap. In my opinion a coin swap would be good for CON due to the built up inflation. There are approx. 23million CON currently in circulation. I personally would like to do a proportional swap down to say 230k CON or 2.3million CON. Also, the current avg. yearly APR is around 190%. I would like to take this down to around 50%. I believe this would be a good start to get CON back on it's feet while working towards a brighter future. Once a new wallet has been released either with or without the coin swap new features and projects can then be started moving forward. I have ideas of my own I would like to add to CON after the new code /wallets have been released but would love to hear from the community on things they would like to see in CON's future as well.
Your opinions and concerns are greatly appreciated.
Also, due to these discussions and important decisions please being patience for the new code/wallet release. I will be working diligently to get things completed as soon as possible but do not want to my rash decisions when it comes to the future of CON. I appreciate your patience and support moving forward.
CryptoTech
Reply
The Dev Fund is not really growing and I think PayCon needs a fresh stable blockchain and Wallet. Due to the massive size of the main PayCON wallet and multiple errors in the code I am in for a Coin Swap to PayCON V2.
~CryptCo
The wallet code is very outdated and as you mentioned has a lot of errors. Most that I am/was not capable of fixing. I am sure there is a dev who could fix those errors and keep the original code intact; however, I would recommend a new code base at a minimum, with or without the swap. A new code base is crucial in my opinion.