Here the translation made with deepl.com
In short:
- People with stake in SMAP service have until the 18 of March to withdraw their funds.
- New start of the project looks like a possible outcome. so not totally dead?
Quote
Criptoreal is a Brazilian non-profit project, 100% open source, launched in January 2018 with funding coming exclusively from its creators.
During 2018, approximately R$100,000.00 (one hundred thousand reais) were invested in the development and dissemination of the project.
Unlike the vast majority of cryptoactives, the founders of Cryptoreal did not raise any kind of funds, on the contrary, the project has always been and continues to be financed exclusively by them.
Additionally, there is no indication, either in the whitepaper or in any other official communication channels of the project that points to its profitability.
Therefore, we communicate the following:
- SMAP Suspension:
Today, Monday 18/02/19, the cryptoreal shared masternode program comes to an end. The last payment was made and the participants have until March 18, 19 to request the withdrawal of their balances.
- End of Discord:
Aiming at a centralization in the communication and updating of the enthusiasts who follow the project, only the Telegram group will remain active to exchange ideas among members.
- End of POW mining:
The move to POS, which was scheduled to happen internally a few months ago, had to be suspended after several news about the insecurity of the Stakes system.
Today, with most of these failures identified, Cryptoreal could evolve to POS minimizing risk of manipulation.
The community will be notified with enough time to update their nodes.
- Emission Reduction and Change of Collateral for Masternodes.
Both options are being properly studied and analyzed, probably at least one of the two will be implemented in parallel with the migration to POS.
Other issues that may be of interest to the community will be published here in due course.
Translated with www.DeepL.com/Translator
During 2018, approximately R$100,000.00 (one hundred thousand reais) were invested in the development and dissemination of the project.
Unlike the vast majority of cryptoactives, the founders of Cryptoreal did not raise any kind of funds, on the contrary, the project has always been and continues to be financed exclusively by them.
Additionally, there is no indication, either in the whitepaper or in any other official communication channels of the project that points to its profitability.
Therefore, we communicate the following:
- SMAP Suspension:
Today, Monday 18/02/19, the cryptoreal shared masternode program comes to an end. The last payment was made and the participants have until March 18, 19 to request the withdrawal of their balances.
- End of Discord:
Aiming at a centralization in the communication and updating of the enthusiasts who follow the project, only the Telegram group will remain active to exchange ideas among members.
- End of POW mining:
The move to POS, which was scheduled to happen internally a few months ago, had to be suspended after several news about the insecurity of the Stakes system.
Today, with most of these failures identified, Cryptoreal could evolve to POS minimizing risk of manipulation.
The community will be notified with enough time to update their nodes.
- Emission Reduction and Change of Collateral for Masternodes.
Both options are being properly studied and analyzed, probably at least one of the two will be implemented in parallel with the migration to POS.
Other issues that may be of interest to the community will be published here in due course.
Translated with www.DeepL.com/Translator
