[ANN]COINONAT-BLOCKCHAIN EQUALITY-ASIC-RESISTANT-POW-GPU/CPU LOW TEMPERATURE - page 7.

the-doctor

full member

Activity: 542

Merit: 101

Quote from: redditarco on August 06, 2017, 07:58:32 AM

"- Both Coinonat ( CXT) and CoinonatX (XCXT) will continue to exist.
- You can chose to go for both or either of the two"
it should be once swapped either direction that is it, you dont keep getting to switch back and forth.
and you want to have one supply number. not double the number (more supply less demand lower price)
double the supply will dilute (thin out) the value of the coin. double the supply less demand.

All you wrote it is alredy explained.
If it is new/chain project it should have separate ANN and everything separate. WHY SWAP?
If it is upgrade new direction of the project it should be distributed to ALL CXT holders and CXT burned.
What to choose we do not know nothing about XCXT no info. If you do not make step back I strongly recommend to all stay away from this project and dev.

redditarco

full member

Activity: 126

Merit: 100

"- Both Coinonat ( CXT) and CoinonatX (XCXT) will continue to exist.
- You can chose to go for both or either of the two"
it should be once swapped either direction that is it, you dont keep getting to switch back and forth.
and you want to have one supply number. not double the number (more supply less demand lower price)
double the supply will dilute (thin out) the value of the coin. double the supply less demand.

the-doctor

full member

Activity: 542

Merit: 101

Quote from: iam2good on August 06, 2017, 02:07:57 AM

Coinonat, CoinonatX and the swapping

- We now have two sets of Coinonat, Coinonat(CXT) NIST5 Algo and CoinonatX (XCXT) X11 Algo
- Both Coinonat (CXT) and CoinonatX (XCXT) have the same total supply
- Both Coinonat ( CXT) and CoinonatX (XCXT) will continue to exist.
- You can chose to go for both or either of the two
- To get CoinonatX (XCXT) you must already have Coinonat (CXT) for swapping
- The rate of swapping will be 1:1
- There will be maximum of 7 days swapping period
- We can suspend swapping if we are able to swap up to 85% of the existing Coinonat supply in circulation
- Both cryotocoin will use same twitter handle for announcement
- The website for CoinonatX which is www.coinonatx.org will be created soon
- Swapping starts Monday 7,2PM UTC ,August 2017.
- Before the start of swapping,we will release wallets and steps to follow in the swapping.

Hi dev, this attitude is unacceptable, you should respect investors/community much more if you want this project to succeed. This way many people can be left behind (robbed?). Which project will be your mainstrem? You will be main dev of 2 projects? Greedy for money? You make people to think dump this coin and leave this project behind..
Whats the problem? You dumpped your premine coins so no motivation to go forward with this coin? How much premine will have the other coin? It smells like a scam

And why swap? I agree with all the others. You should distribute new coin to CXT Holders. All projects work this way.

redditarco

full member

Activity: 126

Merit: 100

lol you do know on other wallets it shows the entry right away and shows the amount of confirmations remaining. Thats a cool feature :-)

Ryuh

full member

Activity: 282

Merit: 100

Quote from: redditarco on August 06, 2017, 06:41:24 AM

Quote from: redditarco on August 06, 2017, 02:40:41 AM

hello I bought tokens about 2 hours ago, on cryptopia, I sent them to my coinonat wallet about an hour ago but still do not seem them, whats the deal? Angry

after a very long time the tokens finally came in, lets hope the new system is fast!

Cryptopia wants 120 confirmations.

redditarco

full member

Activity: 126

Merit: 100

Quote from: redditarco on August 06, 2017, 02:40:41 AM

hello I bought tokens about 2 hours ago, on cryptopia, I sent them to my coinonat wallet about an hour ago but still do not seem them, whats the deal? Angry

after a very long time the tokens finally came in, lets hope the new system is fast!

redditarco

full member

Activity: 126

Merit: 100

@fedmahnkassad good points, makes sense.

fedmahnkassad

hero member

Activity: 840

Merit: 500

Twitter: @FedKassad

Are any exchanges taking part in the swapping? In general 7 days is considered a very short period for such a swap by all crypto standards. On one hand this is nice for all holder who manage to swap as large amount of the coins will remain unswapped on the other hand it's very unfair for the people who will not learn about the swap in time.

Also why swapping if there will be 2 chains? Why not distribute the new coins to all cxt holders similar to how BCC/BCH worked?

meller1001

full member

Activity: 121

Merit: 100

Amicus Humani Generis

In twitter:
-----------
Coinonat Foundation‏ @coinonat 24 июл.

Work on CXT is giving positive results, we are very optimistic and delighted.
-----------

Huh

iam2good, are you disingenuous? Undecided

why do you need the second coin?
burn your premine and CXT will fly to the moon

redditarco

full member

Activity: 126

Merit: 100

hello I bought tokens about 2 hours ago, on cryptopia, I sent them to my coinonat wallet about an hour ago but still do not seem them, whats the deal? Angry

iam2good

sr. member

Activity: 498

Merit: 250

Coinonat, CoinonatX and the swapping

- We now have two sets of Coinonat, Coinonat(CXT) NIST5 Algo and CoinonatX (XCXT) X11 Algo
- Both Coinonat (CXT) and CoinonatX (XCXT) have the same total supply
- Both Coinonat ( CXT) and CoinonatX (XCXT) will continue to exist.
- You can chose to go for both or either of the two
- To get CoinonatX (XCXT) you must already have Coinonat (CXT) for swapping
- The rate of swapping will be 1:1
- There will be maximum of 7 days swapping period
- We can suspend swapping if we are able to swap up to 85% of the existing Coinonat supply in circulation
- Both cryotocoin will use same twitter handle for announcement
- The website for CoinonatX which is www.coinonatx.org will be created soon
- Swapping starts Monday 7,2PM UTC ,August 2017.
- Before the start of swapping,we will release wallets and steps to follow in the swapping.

redditarco

full member

Activity: 126

Merit: 100

please provide fix.

iam2good

sr. member

Activity: 498

Merit: 250

CoinonatX Bitcointalk ANN ready here https://bitcointalksearch.org/topic/ann-coinonatx-powpos-masternodes-75-apr-cxt-sister-2068761 … , other details including 1:1 swapping coming your way soon.

redditarco

full member

Activity: 126

Merit: 100

hello this might have already been covered, if so best bet pin on main twitter page, webpage and bitcointalk page.

how many coins will be required for 1 masternode?
what are the instructions to setup a masternode?

probably be good to setup slack room or telegram room, if you need an admin for the room I can do that for free.

redditarco

full member

Activity: 126

Merit: 100

@coinonat Coinonat Foundation
so basically if you do not have the old coin at the change over you have option of picking up new coin on the market? which is standard. u have an official change over date?

redditarco

full member

Activity: 126

Merit: 100

did we get a response on the 1 developer? is that the case is there anybody else can do
what he does if he is out sick?

MorrizeN

member

Activity: 90

Merit: 10

Coinonat Foundation‏
@coinonat

Replying to @MorrizeN
We release in less than 3 days. Only people with Coinonat can swap for CoinontX Masternode coin.

All i know. Masternode will give residual income

johnantony

full member

Activity: 144

Merit: 100

And what will be cxt fuction in the future so? And waht will be cxtx value and how i spossible choose to swap or not? Seems it isn't total swap and not an airdrop🤔

MorrizeN

member

Activity: 90

Merit: 10

Coinonat Foundation‏ @coinonat 3h3 hours ago
More
So we will have two sets of Coinonat called Coinonat(CXT) and CoinonatX (XCXT) which you can choose to swap for either. More info soon.

Coinonat Foundation @coinonat
CoinonatX with symbol XCXT is now our new masternode coin, 100% ready and tested to work with Masternod.

Coinonat Foundation‏ @coinonat 4h4 hours ago
More
CoinonatX with symbol XCXT is now our new masternode coin, 100% ready and tested to work with Masternod.

Coinonat Foundation‏ @coinonat 4h4 hours ago
More
with Coinonat X11 Masternode coin, we therefore created another Coinonat called CoinonatX with symbol XCXT.

Coinonat Foundation‏ @coinonat 4h4 hours ago
More
3/3 people ask and we also feel it's not recommendable to totally scrap the Coinonat with NIST5 ASIC resistant Algorithm by replacing it

Coinonat Foundation @coinonat
Plan A was not possible so we have chosen Plan B to create Coinonat Masternode Coin with different hashing Algorithm (x11)

3h

Coinonat Foundation @coinonat
1/1 Like we mentioned in our Roadmap Plan A,B and on the new Coinonat masternode coin creation detail here https://drive.google.com/file/d/0B9nA1PpRUjmuakRRZjNMSzM3LTA/view …

muhlambo

member

Activity: 114

Merit: 10

Quote from: vergegod on August 05, 2017, 06:31:35 PM

70% done means nothing to me. The 30% could be done in 1 week, 2 weeks, or maybe 1 month.

So for now, I will just be watching this thread for dev updates.

Very true.. and I'm little skeptical towards 1-person-only dev teams. If the dev suddenly leaves, ur money is basically gone (downward trend in the price is always inevitable if dev is even a week away from the project). But if there would be more people in the team, it would be more trustworthy project for investors. In my bad experience, 1-person-teams have many times pumped the money for themselves and gone away forever. Be careful! Interesting project tho, but I will look at this from a little distance away for now.

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