FairCoin v1.5.0 NEXT RELEASE THURSDAY 26TH of FEBRUARY
OverviewThis release contains some major changes to FairCoin. Our aim is to develop FairCoin further and prepare it for broad adoption. With the changes we've made to the code base the development of merchant applications, alternative FairCoin wallets and mobile applications now becomes easier and can be implemented faster. We have improved the performance of the FairCoin wallet significantly. The overall speed gain and still maintaining the same high level of block chain security is also a prerequisite to establish a reliable and stable monetary system for
https://Fair.Coop.
What do you need to doOn thursday, the 26th of February 2015 at block height 94613 all versions older than v1.5.0 are obsolete and must not be used any more. It is best to avoid using the old wallet the entire day, although it is possible to use it until block 94613 occurred on the network. At around 19:00 - 23:00 UTC the new wallet will be available for download here:
http://fair-coin.org/index.html#wallet After you have downloaded the new release, please follow the guide below.
1. Make a copy of your wallet.dat file and store it at a safe place! Write down the FAIR balance that is displayed in your old wallet.
2. If you haven't done yet make a copy of your wallet.dat file and store it at a safe place!
3. If you missed step one and two, make a copy of you wallet.dat file and store it at a safe place!
4. Now, after you made a copy of your wallet.dat file and stored it in a safe place, delete the entire FairCoin data directory
5. Start the new wallet and let it download the new block chain. This takes about 10 to 30 minutes depending on your internet connection and your computers performance. (Your balance will NOT be displayed yet, so don't worry!) Also, you should not create a FairCoin.conf file, it is not needed.
6. After your new wallet successfully synchronized to the network, stop it
7. Copy your old wallet.dat file (you made a backup copy of earlier) to the newly create FairCoin data directory
8. Start the wallet again and it will display your complete balance (if your balance differs from the one your wrote down please contact us at
[email protected])
Please note that there will be timely gap of about 1 to 3 hours between the end of the old block chain and the availability of the new wallet version because we have to convert the hole block chain and build and deploy the new binary release. This means that the old and the new version can not be used at the same time, because the new wallet does not work on the old block chain and vice versa.
Questions and support
If you still have any questions or need support please contact our forum thread here or contact us directly at
[email protected].
Further information with the
technical details of the block chain conversion process here:
http://fair-coin.org/faircoin-v1.5.0.html