Hello,
Now the Sterlingcoin is no longer on any stock exchange.
Is there a plan on how to proceed?
I am someone who buys 1x a month for a small amount cryptos and I would like to buy sterling coins again.
Hi TecScout, sorry for the slow response. I have been busy with some personal matters.
First, cryptocurrency exchanges are not stock exchanges. Stock exchanges are heavily regulated and insured amongst other things, so don't mistake the two as being the same nor playing by the same rules. They do not. Certainly not in this day and age.
As previously mentioned, Sterlingcoin is still on BTCPop.co (
https://btcpop.co/) for exchange.
The plan is to rebase as a PIVX clone, a plan I am happy to announce is underway. I have been working the past several weeks on rebranding and reparameterising a Helium clone (which is a PIVX clone) in a personal, yet public, repo:
https://github.com/CryptoCanary/helium/ before moving a more-readied version to the now empty Sterlingcoin repo of:
https://github.com/Sterlingcoin/Sterlingcoin-CoreHere are some screenshots of the work in progress thus far:
And here is one where I experimented with the toolbar to the right:
Please note these are
not final representations of
anything. The graphics used were just my quick attempts to make something that looked SLG-correct and for demonstration purpose to the community. Note these mined blocks are only mined on testnet. Mainnet will not have a new Sterlingcoin PoW phase out of respect for long-standing Sterlingcoin holders and as not to manipulate the supply that they anticipated and were promised. But please know that slight deviation from the potentially %5.5 annual might be needed as masternode rewards weight in. None of that can I speculate on at this time. Nor can I speculate on release dates. Far, very far, too much work and testing remains before that. Please do not ask those questions now, but conversation is very welcome. Contribution is also very welcome. The codebase is quite the leap forward from Sterlingcoin's current. Any knowledgeable people are humbly asked to help with this gigantic undertaking before Sterlingcoin. In regards to ETA all I will say is that it would be fabulous to release during the holidays / years end. If enough skilled people contribute, that goal may be achievable. If I trudge alone, it would be a longer ambition. On a good note, people have approached me privately and specifically one of those would be pivotal to bring this to fruition and in an understandable time frame.
Swap. Two options potentially exist:
1) We swap in-house where you send Sterlingcoin to a mechanism and submit your new Sterlingcoin address also. Your new Sterlingcoin address would be sent that amount from a premined balance that occurred on the new chain. The premine would be of the entire current SLG supply (~4.3 million). After a reasonable swap window has closed, the remaining premined would be done with what the community wants (i.e. burnt, use for promo, tip the devs a little, anything). Post-swap, the now old Sterlingcoin chain would be left to die.
2) The genesis block of the new chain sends to your address based on a blockchain balance snapshot of the current chain that occurred at a predefined time. This way, when you get your new Sterlingcoin wallet, you would just import the private key of your current SLG address and your funds would be there. The big difference with this method would be you would retain both your old Sterlingcoin and your new Sterlingcoin. Sterlingcoin Classic anyone?
All the above is just thoughts at this point. The only concrete decisions are 1) not manipulate supply on long-standing holders. 2) Move SLG into a modern-day-bleeding-edge crypto. Very much work remains. Of course I will inform the community when any live testnets are ready to be formed or any other notable progresses.
EDIT: