Topic: [ANN] Signatum 2.0 - page 54. (Read 102049 times)

Full details concerning the swap process will be communicated towards the end of November across all our official channels.

Anyone with a reasonable and valid question or concern that they would like to be answered will of course be allowed to stay here. In short, be constructive and whether or not we or the community agrees with your point of view, has no bearing on whether your post is allowed to stay. This forum is for people to ask questions that are constructive and valid and for us to return and answer to as well, or for the community to do so with. Trying to sort through valid questions in the old announcement thread by the old management, is impossible, we have no interest in that occurring again, as that ruins the purpose of the forum in the first place.

Regarding the supply held by the foundation team, we have been fully transparent on this on the official website here; https://signatum.org/ if after reading this you feel we have still not been upfront about certain details that you would like more information regarding, come back here, join Discord, raise a concern on Twitter, and you will be answered either by us or the community. We have worked on ensuring that we are as transparent as we can be with that announcement and if details are missing, that has certainly never been intentional. However, the development fee and treasury fund details we have listed in full on the official website.

To refer back to your question concerning the quantity that will be held by the foundation team, this is currently defined as 20% above the 34,375,000 coins that will be swapped. Additionally to that 8 percentage points has been allocated to the treasury fund for exchange listing fees and business development. All these details are fully transparent on the website - nothing on this has been hidden away.

Regarding whether you are forced to do the swap: no you are not. This is your decision based on the option we have laid available to you. Under no circumstance are you forced to take this offer. The old blockchain will remain and if you believe that Signatumd (Skankhunt) and Doctor's direction is more suitable to you then that is also fine by us. However, we cannot based on our findings stand by Doctor or Skankhunt nor can we guarantee that they will maintain the nodes for the blockchain. The fork is our offer to those that would like their investment to be safeguarded - and we do realise that this offer is just not for everyone and that is perfectly understandable, we are all different.

Regarding the website: Please see the Roadmap, because this is just a placeholder for the announcement we just made. There is a new website on its way.

ANY coins that are NOT claimed in the swap will be air-dropped to the community regularly AND some will be given to the treasury fund (to be dedicated to business development, operational costs and exchange listing fees).

Same here, asked how many sigt devs are holding in stash. It's bad question/FUD spreading ? Probably answer is

This is the exact reason certain people cried for a moderated forum, so ANYONE with a valid, but different opinion can be silenced. All this does it bring a false sense of security when no one can question what anyone is doing with this, or any other coin for that matter.  All I said was sigt was doomed and the Devs should create a new coin and my post gets deleted

where is the swap going to take place? yobit?

Can anyone tell me why You keep deleting my posts? I've asked some questions and raised some concerns. I expected answer and got deleted. Lol.
No FUD, just asking.
That behavior put you in line with old devs...

Nice. Just got email that my original message was deleted. I didn’t say anything bad or FUD, just my opinion and my post is gone. See what happens in a moderated forum, censorship. Good thing someone had responded to it or it would be gone forever in this forum.

So my message gets deleted?


Nor does this one?


Please explain this Epicyclic because on the face it would seem that I'm being purposely silenced

Unclaimed coins will be dedicated and split between air-drops to the community and the treasury fund (to be used for business development and exchange fee listings).

In the current blockchain this is not possible. On the new one it is.

Nobody here is forced to do the swap - doing the swap is voluntary, but we cannot guarantee the survival of the old blockchain as that is at the mercy of Skankhunter and Doctor.

Just a question, what happens if the original devs pull the plug on their server nodes? Can the block chain keep functioning or will that stop everything in its tracks? Or can that be fixed by the new devs by adding new nodes?

Sorry, I'm a blockchain newbie, that's why I ask.

Epicyclic, Thank you and the new devs for all your efforts, I for one really appreciate what you guys are doing. 

Ideas are being raised and discussed over project name change, nothing concrete, however, the core values of saving Sigt investors from their apparent abandonment is very much set in stone at this point.

What about comparison table with similar projects? Right now I don't see any advantages or unique features to pay for. 

I was hesitant about investing in the original Signatum. But this looks promising given the team is being transparent and is making it a community coin. Community coins are the future in my opinion. One of the core principles of Cryptocurrency is to be decentralized. What can be more decentralized than a coin that is run by the community

it's all there I believe: https://signatum.org/

New Signatum coming? Old one dead?

So the devs should help the baggage shit stained project that is Signatum for free? Risk-reward greenfield project?

The project requires continuation, the original Devs have absconded and taken the code and keys with them effectively locking out any progress unless they return, it is necessary to protect peoples investments for the future.

How can you work on a project if only the original devs (who disapeared) have the core keys ?
Please read the announcement on the website, if you see any better option feel free to contribute.
And for your information, signatum was not a token, new signatum will not be a token

They try to find a solution for this coin. They don't have full access to the core so nothing is possible in term of improvement atm.
They give you the possibility to get coins on the (future) new chain.
If you want to stick on the old chain when the swap process will be active, no problemo, you can. But the v1.0 chain cannot be improved if the originals devs don't come back (and nobody knows if they will).
So yeah, this is the best direction in my opinion. It can be seen as a new coin, but any signatum holder will be able to swap their coin, so the choice is yours.
About the premine, I don't care, we all see that all coins with no reward for the devs are super hard to maintain. We all see what happened with the "fair" signatum.
There is shit tons of good coins with premine or fees (33% on whale !), if the devs work and deliver on time, I'm fine with it.
If you have a better idea, feel free to contribute.

How will holders loose 75%? Do you know any math at all? and have you ever heard of recapitalization in the business world?
And premine will be minor portion of total circulation.  If they succeed you'll make 10x, or as it stands you will make -95%.

Tough choice right?