The best way to summarize the above post is that FLO still exists and you can think of PIN as wrapped FLO on other chains. Similar to WBTC that exists on other chains.
I feel this drains the entire project of what I thought was cool about it in the first place. I wish y'all nothing but the best though...
I would like to better understand how adding additional features "drains" existing features. Could you explain your reasoning?
For example: wrapped bitcoin didn't fundamentally change BTC, BTC still exists, and is the root of all trades of its derivatives. If wrapped BTC fails, it doesn't affect bitcoin at all, it's an optional extension of bitcoin and allows others to speculate on its price
What will happen with the transactions messages in the current blockchain?
Nothing is changing on the original FLO client, all transaction messages still exist, and will be supported as long as the software exists
I aint gots the time to figure out what exactly is happening. But do clarify, anyone in the know.
In principle.
Amending anything regarding the classic blockchains, from brand or specs, is terminal.
It demonstrates, not decentralized.
Nothing has changed with the original FLO client, you can choose to use it and we will continue to support it, improve it, and maintain it. It's still as decentralized as it always was (and probably more if we gain new users/adoption from these auxiliary activities)
Happy to answer any and all questions regarding the wrapped FLO (PIN) coins that exist or what our plans are for the FLO-qt client that is still being mined and supported by scrypt PoW
