[ANN][PAK] PakCoin - Pakistan's Crypto Currency - Official Thread

[psycodad]

POS code uploaded at github.com/Pakcoin-project/pakcoin

Ewallet will close at 00:00 Hours tonight (GMT)

Is Novaexchange already swapped?
Meaning, can we withdraw now to the new wallet from above github and start staking?

TIA

Edited to add: Why are there already 30728 blocks on the new PoS chain? Seems like this chain launched on around 1.1.

[drwatson84]

POS code uploaded at github.com/Pakcoin-project/pakcoin

Ewallet will close at 00:00 Hours tonight (GMT)

Is Novaexchange already swapped?
Meaning, can we withdraw now to the new wallet from above github and start staking?

TIA

Edited to add: Why are there already 30728 blocks on the new PoS chain? Seems like this chain launched on around 1.1.

Nova will finish its swap soon(i guess after midnight tonight), we will announce when they finished swapping.

We had to test the POS system and to have supply synced with the old chain we had to start a bit earlier, so we can easily swap the circulating supply. But now we are having less supply at POS chain which is 68,352,010 PAK at the time of writing which should have been equal to the old supply which is 68,586,599 PAK now and we are yet to have swap at novaexchange.

[drwatson84]

everyone, please be patient and wait for our announcement for completion of swap, after that you will be good to withdraw from novaexchange, freiexchange and Pakcoin ewallet

[psycodad]

everyone, please be patient and wait for our announcement for completion of swap, after that you will be good to withdraw from novaexchange, freiexchange and Pakcoin ewallet

Thank you for your explanation and for updating us when we can withdraw. Staying tuned.

[drwatson84]

Updates:
Pakcoin swap at Pakcoin Ewallet has been completed
Pakcoin swap at FreiExchange has been completed
Pakcoin explorer https://t.co/v93dAtp3d8 updated
Pakcoin Swap on Novaexchange in progress

Ewallet withdrawals will be enabled after novaexchange swap is completed

[drwatson84]

Novaexchange swap has been completed.
Pakcoin Ewallet withdrawals are enabled.
Freiexchange and novaexchange are on new pakcoin version, Do not use yobit and tradesatoshi as they have old wallets.
Uberpay wallet is being upgraded, so do not use uberpay now until we tell you.

[drwatson84]

Novaexchange swap has been completed.
Pakcoin Ewallet withdrawals are enabled.
Freiexchange and novaexchange are on new pakcoin version, Do not use yobit and tradesatoshi as they have old wallets.
Uberpay wallet is being upgraded, so do not use uberpay now until we tell you.

I don't support the ideas to try bringing PakCoin to Novaexchange.
The reason is the exchange, after relaunched has very limited volume per day, for most of coins listed there.
Even months after its relaunch, volume is really low.

Well we can't opt out of an exchange if we are already listed there
However we will be applying for new exchange Listings. Let's see how things go on. Nova isn't a bad exchange, their support is great.

[drwatson84]

If you had pakcoins at cryptopia, let us know by filling out this form so that we can estimate for the total loss
https://goo.gl/forms/FM9wwwleIGmkXt4w1

[SergioW]

However we will be applying for new exchange Listings. Let's see how things go on. Nova isn't a bad exchange, their support is great.

That would be great to have PAK listed on new exchanges. I used to trade PAK at Cryptopia so a bit miss PAK as a tool for BTC transfer between exchanges.

By the way I tried trading at Nova for about two weeks and I like it. They've just had a promo for referring people to Nova while giving away 100% Reward in the First Month. Furthermore, they had  "zero transaction and withdrawal fee" for BTC during that period.  

[drwatson84]

Yes novaexchange is struggling hard to make their place again in crypto space with good support and referral system.

[blackberry862]

Yes novaexchange is struggling hard to make their place again in crypto space with good support and referral system.

Months after its come back, the exchange has not gotten too much participations from traders.
The Novaexchange will spend more months to build up its platform.
Not sure about their chances to reach their past position.

[blackberry862]

Novaexchange swap has been completed.
Pakcoin Ewallet withdrawals are enabled.

The problems are two sides:
Novaexchage , itself with very low total volume.
PakCoin, that has not got too much attention from investors.
They all contribute to make low volume for PakCoin.

[iTradeChips]

is the one listed on yobit good? or they are on the old chain? also deposit and withdrawal issues? LOL you all know how yobit is

[futureofeth]

is the one listed on yobit good? or they are on the old chain? also deposit and withdrawal issues? LOL you all know how yobit is

Yes, most of the legit project will choose to list in most prominent based exchanges but these people are concentrated and listed in Yobit. Many people already Yobit exchange is facing many probelms.

[SergioW]

is the one listed on yobit good? or they are on the old chain? also deposit and withdrawal issues? LOL you all know how yobit is

They are still on old chain but with open (marked as online - 1068495 blocks) wallet. Current PAK coin block count is totally different.

I've looked through this thread to find info about Yobit wallet status but decided to test withdraw from Yobit with 10 PAK coins just a week ago.

Here's my transaction that was sent from Yobit and never appeared at the destination wallet 

2019-02-11 12:09:54
10.00000000 PAK
b76bcc6bf3ff4cb8f9dac78cdc1c8f241115dab6042536a75906e03c63d39658

[drwatson84]

Yes yobit is on oldest chain and it seems that they don't wanna update their wallet soon. So keep away from yobit.

[four3200]

I see PAK is now full POS?
Stop by TALK thread to state the specs

[drwatson84]

I see PAK is now full POS?
Stop by TALK thread to state the specs

Yes it's full POS now
Specs are mentioned in OP and https://www.pakcoin.io/pakcoin-pos-specifications/

[four3200]

TALK thread/community is focused on researching the POS chains
https://bitcointalk.org/index.php?topic=864994.new#new

If you post there PAK speed/reward website/blockexplorer/markets will add them our POS directory.

[drwatson84]

Ok i will be adding more info there shortly