A special Announcement from The WhiteCoin FoundationIt's time.
By popular demand, we will be implementing User Privacy Protection Features provided by The WhiteCoin Foundation.
You can consider this the "Pre-Pre-Ann". This has taken a great deal of research and effort on our parts to prepare. We were wanting to get our ducks in a row first to make that big splash, but it's been made clear to us that the community needs an update.
We are pleased to inform you of our next big step as a community:
WhiteOutCoinWallet theft, hacks, and worse are unfortunately common in crypto. Just as with real world currencies, there will always be pickpockets looking to steal your hard earned coins. In an age of failed "anonymous coins" that rely upon central points of failure, WhiteOutCoin will provide users with the protection they're actually looking for: privacy in the crowd.
WhiteOutCoin will serve as a companion coin to WhiteCoin, and WC will be the
only entry vehicle for WOC for the first month. That's right, to buy WhiteOutCoin in the early stages, you'll need to be a holder of WhiteCoin Prime.
So how will this work?In the coming days, you'll see us ramp up towards creating a new BCT Pre-Ann thread once our new websites are ready. In this early stage of development, anything is still open to discussion, from total coin count to the algo used for mining.
We invite you to join us in an ongoing discussion in #whitecoinfoundation on freenode:
https://kiwiirc.com/client/irc.freenode.net/#WhiteCoinFoundationCurrently our plan is create WhiteOutCoin with a very low total coin count, and an IPO premine where users will only be able to buy in early using WhiteCoin.
I believe this will help drive up volume and interest in our efforts. With WhiteOutCoin on the way, and the WCF en route to engaging with the mainstream media, much higher prices and volume is only a matter of time.
Timeline & RoadmapJune 25th-29th: Commmunity discussion and planning
June 30th - July 3rd: Target window for Pre-Ann thread and website launches
July 5th - 8th: Target window for the launch of our IPO and official Ann thread
July 25th - 31st: Target window for launch of WhiteOutCoin
So what's the point/destiny of the original WC? To wander into a corner and die? What will keep people on the original WC? People will be selling their stashes to buy WOC, crashing WC price and flooding the market with WC. When you have two versions of one product, one will do better than the other.