Chaincoin will be accepted for BARR burn redemption from March 14 to March 28.
I see no reason why someone would trade their chaincoin for your coin.
There are plenty of reasons why people would want to.
For one, BARR can never be delisted from the NXT decentralized Asset Exchange.
So instead of trusting exchanges to trade your coins,
you can hold them in your own address even while they're in sell orders.
People also participate because they believe that there are too many altcoins on the market.
BARR reduces the supply of altcoins and consolidates users and value into one project.
If you'd like more details, see our ANN:
https://bitcointalk.org/index.php?topic=1219460.0Who asked you to do this?
Just as no one asked Rolihlahla to launch Chaincoin, no one specifically asked us to launch BARR.
But people have asked for community takeovers and swaps to save their coins.
People have asked for solutions to the overcrowded crypto ecosystem.
People have asked for someone to buy their chaincoins, whenever they place sell orders.
We are answering those people, and we are buying their coins.
Then we will burn all the coins we buy.
Anyone can choose to sell their coins, or burn them, or hold them.
If 100% of Chaincoin holders want to swap to BARR, we can do that.
But that's unlikely, so Chaincoin will probably continue with a reduced supply and possibly an increased value.
Our project operates in a way that can benefit everyone without harming anyone.
It's not an attack on your coins, and all participation is completely voluntary.
We have already burned significant percentages of the supplies of 8 different altcoins,
showing real changes that we have made across multiple blockchains and multiple markets.
