We should try to set a date for Jan. 6th and a new wallet release.
If we can do a proper coin swap by automatically replacing everyone's coins to their original wallets then the possibilities are endless to the features THC can have. It would set THC up be able to switch to any algo/POW/POS method whenever we want.
Scrypt is really killing the community support of this coin. There are a few miners getting all the coins and not enough people with stable paychecks to continuously buy THC. There are tons of community members looking for a good x11 coin to mine. I'm starting to want to switch to x11 POW+POS like right now and then once a more complicated merge mining solution is developed... just redo an automatic coin swap.
Coins swap..... Ugh.... I hate coin swaps.
Especially since all my THC are virgin mined.
Especially since there will be a premine that won't get 100% swapped and some is leftover -- I don't care how transparent the dev team is or if they are sent to a dead address.
Especially since those people who miss the swap window get screwed over and are left holding a bag of worthless coins.
Especially since even if we PM the dev or whoever to secretly swap our coins or if it's done through a website to get a new swap address, someone will know how many we have via IP address. VPN's aren't fool-proof for the government agencies that will be following the coins, nor for the persons running the swap-site.
Especially since coins are moved, for those people claiming taxes with time restrictions for lower tax brackets. This point doesn't necessarily matter to me, but is valid for those taxpaying citizens.
Swaps centralize. If THC swaps coins, I'm done with mining crypto (save for one coin) since I put high value for my virgin coins but moreso my financial privacy -- the whole purpose of crypto. Too many coins have swapped. If SMC can switch algos or other coins can implement PoS without a swap, so can THC. I still don't see why PoS isn't implemented after months and months.... What's the problem? Fix the code that we have in place. Hire or get a dev to assist. Either that or stop advertising PoS.
The only way I see a swap working is if the blockchain from V1 is duplicated in V2, and if the wallet is able to duplicate the ledger for the new coin, need a way to import old v1 keys into the v2 wallet.
I'm pushing every coin to stop doing manual coin swaps. All coin swaps should be automatic and original wallets should always work in the future otherwise they are considered scams. All wallets should be "forward compatible".
I'm actually not sure if this will work but I think you can scan the blockchain, find all the address balances and send out all the coins. There could be some more advanced work with the block explorer to then merge the blockchains so it looks like one long chain. If this method works, coins can change on a whim. They could change algos as each new ASICs come out.
Of course I'm not in favor of any type of coin swap but it seems like hempcoin is stagnant with development. THC works so there isn't really any problems with no development but I would like to see something going on with it.
I've also been thinking about the idea of creating "HEMP". Any wallet with THC in it at block 400,000 would then also own that exact amount of HEMP. You copy and paste your THC wallet.dat file into HEMP and you're coins are there but on a different blockchain. I was thinking of premining 20,000,000 additional HEMP to award to the first commercial hemp grower/producer who grows/sells exclusively for HEMP. THC would also continue to work as it is now. I'm wondering if people could envision any problems with doing this.