First off I'd like to state that, Bittrex never wants to do a swap. They are costly both from a time and engineering perspective. We would normally never do it for a coin so young and unestablished. However, the ecash dev and us have come to an agreement on terms and we will help facilitate transitioning of the coin to the new dev, IGotSpots. Additionally, we have been talking to c-cex and they will be following the same coordinated plan.
I have been talking to both of the devs the best accomplish this. Here is the high level plan:
- An update to the wallet will be published to extend PoW to get coins moving again - he will provide more information on that after this post.
- Contrary to my usual advice, It would be safest to move all your coins to either C-Cex or Bittrex immediately.
- IGotSpots and I will continue working together on a swap plan. Expect an update from him on timing.
From this point forward, I'll leave communications to IGotSpots. Thanks to ccex and the devs on working to resolve this situation.
thanks,
richie@bittrex
Well, I just lost all respect for Bittrex. Don't be surprised if trex gets hacked soon and you lose all your money. Polo is the way to go but never hold much on an exchange. And it goes without saying, don't use C-CEX.
You're kidding right? Richie has gone above and beyond in helping this coin, and its investors out with this issue.