Topic: [ ANN ] SAT² - A new dawn - PoS - No Premine - page 39. (Read 133187 times)

Ok after further reading there is one thing worth noticing.

" Our developments are beneficial to crypto in general. It has proven that there are ways of blocking specific wallet   addresses in the codebase.
  This is important in 2 ways:
  o These developments can be used by anyone when there is a need to block an address in a blockchain (for example when another coin would like to block a premine for any reason).
  o This should be considered an important revelation. We were able to add this code to Saturncoin without anyone noticing (as explained, this was necessary, because otherwise the premine holders could have taken action before it got blocked, assuming they were still holding onto those coins). In our case, we did this with the best of intentions. But for crypto in general, this should be considered as something to look out for. Up until today, nobody appears to have noticed the code at all, and that essentially means that if our intentions had been bad, we could’ve basically pulled off some nasty tricks. With that said: the code is open source, and this goes for basically all coins."


That's something very interesting and a first in crypto world. Useful for handling premine issues and stuff.
Watching carefully with popcorn.

Sounds OK except I do not like the 2 after it just saturn should be better :  )

Another small addition:

We have just received confirmation from Cryptsy that they will also be taking part in the coin swap. This means that on the scheduled date, both Cryptsy and Mintpal will be handling the swap. In other words: make sure you have your coins on either Mintpal or Cryptsy by June 30th, then you'll be good

just read  the news. cryptsy and mintpal changing the blockchains for them, so huge exchanges are trusting them.
so could you.
believe in it, now there is a professional team behind this movement!

Poor people, dont see whats comming. You go on cash your flat PnD profit, but you regret everytime you look at sat in future =]
I can just say those are one of the most serious devs, backed up by a great foundation of proffesionals and wealthy people with big companys.

It's longer than official statement ;P

Lol, saturncoin has absolutely nothing going for it. Every announcemet is for something stupid as hell, like a coin reduction from 7bill total to 7mill total.... they realize that no one will buy this coin right?

It's just a pump and dump game by the Dev.

That was a really nice pump and dump, well played  

For everyone open your eyes saturncoin devs are promising things for almost 3 months, all they do is posting announcement to pump the price.

read again, this is innovation already here!!! u just need to see it!!! its gonna be huge!

Small article

http://www.cryptoarticles.com/crypto-news/saturncoin-rebrands-to-sat2-coin-reduction-and-lots-more#

I think they clearly do understand what this announcement means : nothing, nada... except another beautiful pump & dump  

"- There was no other way we could have gotten 100% conclusive confirmation of the fact that the premine is no longer a threat
- Our developments are beneficial to crypto in general. It has proven that there are ways of blocking specific wallet addresses in the codebase. This is important in 2 ways:
  o These developments can be used by anyone when there is a need to block an address in a blockchain (for example when another coin would like to block a premine for any reason).
  o This should be considered an important revelation. We were able to add this code to Saturncoin without anyone noticing (as explained, this was necessary, because otherwise the premine holders could have taken action before it got blocked, assuming they were still holding onto those coins). In our case, we did this with the best of intentions. But for crypto in general, this should be considered as something to look out for. Up until today, nobody appears to have noticed the code at all, and that essentially means that if our intentions had been bad, we could’ve basically pulled off some nasty tricks. With that said: the code is open source, and this goes for basically all coins. Therefore we would like to highly recommend our community, and the crypto community in general, to actually read the code before adopting it. It is important for the integrity of crypto in general that communities actually check upon the work of developers and don’t just take everything for granted.
"

this is crucial

this coin is gonna be huge!

Did you really need a huge wall of text to announce this? Could have just said "now you'll have 1000% less SAT and we got a new website".

Funny to see people dump the coin right now.. They clearly don't understand what this announcement really means.
I'm ok with it though, I'll just buy them up.

Well that's a lot of SATs just lying about in my wallet.

+1

No reason to delay/hype that news.

Some new features.Coin reduction just seems desperate.After seeing so much hype I thought there will be some new innovation.

Damn, that is some good news. People will get it once they read the full detail  

+1