Why?New wallet includes a number of amendments:
- Kimoto's Gravity Well - smart algorithm changes the difficulty of digging.
Allows coin to protect against sudden changes hash power (anti multipool).
Digging coins will be more predictable in the long term. - significantly lower transaction fees.
Why update is necessary and mandatory?Soon will be hard fork coin. Only new fork will be the official and continue working.
Be smart switch to the correct fork.
When?Fork will come with mining block number 35000 for
about 17-26 h(depending on the network hashrate and its growth)
Current block number you find at:
How check wallet version?In your wallet search option menu Debug window -> console.
Run command
getinfo{
"version" : 1010000,
"protocolversion" : 60002,
"walletversion" : 60000,
If protocolversion = 60002 then you have new wallet version -> update is not required
How upgrade?- Backup your wallet.dat - This file is in %appdata%/smartcoin
Where is %appdata% ?
WIN: Start -> run -> cmd
cd %appdata% [ENTER]
WIN XP: C:\Documents and Settings\User\Application Data
(in non English Windows version "Application Data" can be in your local language)
WIN 7+: C:\Users\your user name\AppData\Roaming\
Linux: ~/.smartcoin
Copy wallet.dat in safe place - Pendrive, CD
or different directory (folder) on your hard disk.
Advise against the use of Online wallets (for any coin).
Do not use Smartcoin online wallet!
You should make backup wallet.dat often, after several coin transfers.
Best is keep a few copies of the wallet.
- Go to first page Smartcoin thread
https://bitcointalksearch.org/topic/annsmc-smartcoin-kgw-cryptsy-reduced-block-rewards-update-your-wallets-10-exchange-400893
Download version according to your OS.
- Install new version as just like the first time.
- Run wallet, wait for sync and check balance and your wallet version (as above described)
Tell a Friend about mandatory update?You know someone who might have an old wallet Smartcoin? Please tell her / him to update.
More info?https://bitcointalksearch.org/topic/annsmc-smartcoin-kgw-cryptsy-reduced-block-rewards-update-your-wallets-10-exchange-400893REMEMBER Before update make copy (backup) your wallet.dat
Do not wait for the last moment. We can reach 35000 block faster than we assume.
Best Regards.
i regret investing in this coin
we must survive 17 hours 
