Hello Guys,
We have succesfully auto-swapped the coins over at bittrex, so from now on you can send the coins
FROM bittrex to your
NEW wallet wich can be downloaded here:
https://github.com/Whitecoin-org/Whitecoin/releases/tag/v2.0.0.0.
From now on in all my posts i will be calling the "old" wallet the Whitecoin
Legacy wallet, so you all known where i'm referring to.
Please do NOT send the coins from the Legacy wallet to Bittrex or from Bittrex to your Legacy wallet, they will be lost in limbo and we cannot return it.Why did we switch to PoSv3 and a complete new blockchainTo explain this i need to go back in time where it all begon, April 2014.
Since the first time i heard about Whitecoin i was as a Miner joining the IRC channel and feeled comfortable chatting in the channel, there was just such a nice community.
When we were about to kick into PoS phase the wallet was suddenly malfunctioning and the developer was nowhere to be found.
At that time Mogonzo and crew was stepping up to help us out and i was just talking to everybody with what i knew and help everybody where i can. That's how i got my spot at the team.
So the team took over the coin and let some developers create a patch for the current blockchain to get it all working.
After some time, more and more people wen't AWOL and i have never seen them again online. So suddenly my name got called out in chat and hear there was a problem and the community asked me to fix it. I made you guys on that day promise:
As long as there is an active community i will be here and help where i can. So after close to 3 years we are still doing this wonderfull job !
So back to the original title, We have been fixing the wallet for some time. But the original code base was outdated and many developers didn't wan't to work in old "Legacy" code anymore. And if they were willing it costed way to much money wich we didn't have.
The original Premine was stolen by the first dev that went missing as well.
The current chain is getting unstable because of the many old coins and less active staking wallets in PoSv1, so we needed to fix this all the time with Bittrex, and in order to stay on the exchange we needed to take steps quickly.
That's why there was such a short window on the automated swap.
Why did you made the decision and not community basedThis was a really tough decision for me, We needed to act quickly and not take our time, this was mainly due to the exchanges and the problems with the forks we were having lately.
I announced it back in january but not on a very big scale, just in a small post, but if we made it a choice we would get 3 groups of people; the positives, the negatives and the trolls.
As we needed to act quickly it was not a great time to get the people getting mad at each other.
So this was a really tough decision, but i hope everybody can see the positive stuff that is about to come.
Ok, no auto swap for me, i missed that. How can i get the new coinsWell we are preparing a post for the manual swap, i hope that i can post them tomorrow and start swapping for you guys. Keep in mind this is a manual thing done by a real person (me) and can't be done 24/7
You can download the new windows wallet already and have a look at it.
Give me some details, what changed in the wallet- The genesis block was 313 000 000 XWC to make sure we can swap all funds (see
http://explorer.whitecoin.info). Unswapped coins after date x (TBA) will be burned.
- Block time target: 60 seconds
- PoS reward per block: 2 XWC
- Minimum Stake Confirmations and Coinbase Maturity: 120 blocks
- Txid: 175b92bba266751c2f5063957c88926e562f67843de9e7f3ae96abe09e93a1f4 has been send to bittrex for the auto-swap
So, what are we going to do now with the new walletWell first things first, after we do the manual swap we will be creating a new website to have all the information more central.
After that we will be adding the current projects to the new wallet.
- WhiteOS, more IoT based
- Richlist
- Paper wallet
After that we will be creating more, way more details will follow.
No premine, how did you do this ?We did not have a pre-mine indeed, and so far over the 3 years this only costed me money.
But recently i was chatting with some community members about my limitations in the current wallet codebase and they seemed really intrested in my ideas.
That's why they invested, so i can continue development and make this coin great again. The only reason why we choose BlackCoin as a source is because PoSv3 is proven to be stable and many coins are based on there codebase.
We understand the wallet code and can continue development in it. The look and feel does not mather but will be changed more into the old look.
From this ground layer we can build our empire.
Best Regards,
Oizopower
thanks for the update. I think this person does have good design and coding talent and will make whitecoin stand out on its own merits eventually.
I am holding. I hope we can rebuild the community to a level where it was before.
