Question about burning exchanged SDC asked several times, with no response within a whole month.
I'd like an official statement as well:
The SDC Dev team apparently developed tools like Umbra, secure messaging, etc. for ShadowCash, then took those ShadowCash tools and used them to regain SDC and some additional BTC that they could sell. This all may be perfectly legit if they just burned the SDC they receive as part of the swap rather than trying to sell it to others. Perhaps that's their plan?
I think it would be good if they staked it, better if they burned it. But, I don't see that addressed in the FAQ.
will the swapped SDC be burned? because if so then the unswapped SDC can be taken over by another team if they wish can it not?
What happens to unswapped coin?
Still relevant, and a good practice for Announcement posts:
please explain detail youre coin dev
spefication coin, total suply coin, tipe coin, roadmap, plan project
plan ico selling
Finally, not so urgent but I'd like a statement on decentralization aspect too:
I question the decentralization aspect (and perhaps the legitimacy) of the Particl project. I have checked the
Particl website, there is no software to download (which is understandable as they stated that it's not completed), yet they have already started the token swap. You can only swap by registering on the Particl website, so those tokens are stored and processed by the Particl servers, how is that decentralization? After login, I find no option to backup private key, so you don't control the funds in the account.
