The easier action to do, is mint or move this coins during the next week before the new wallet release. By this way, the change will be updated automatically
and we dont will need to do nothing more for him mantaining the ownership.   

Thanks!

Only to make it clear, at most 4 M will be recovered, not the 6.5 M lost...

You would not loose them, even if you just did nothing. But to keep things simple, leave your wallet open to let it mint or better move those coins to a new address in your wallet. But, you don't need to create a completely new wallet. Just use the one you have, create a new address and move your coins there.

regs
Thomas

could you decrease the time until coins are mature for pos generation? the 21 days or what it is now is extremely long...

Hello all,

I'm running the beta 1.5 also and the receivings are ok, the sending with or without 'Coin Control' also good, and also the minting seems to work ok...

The only mistery I found is that the address of a friend, which I used to send him betaFAIRs, now appears as one of MY addresses for recieving (¿?), instead of appearing in the address book with the label I've set...
This can be a bug, when saving the address in a sending operation?

Apart from this, the wallet is much faster!
thanks for improving the coin!

I tried to download the BETA Raspberry Pi release, unfortunately it gave me a 404 Not Found on:
https://chain.fair-coin.org/download/faircoin-rpi-sha256-beta.tar.bz2

Hello All

The release of the New Faircoin Wallet 1.5 with the new SHA-256 blockchain, is scheduled for thursday 26 february. The release procedure will be published very soon.

Anyway is important to take in account that, this new wallet will not be able for downloads until the 26 itself. Therefore you will need to be pending for 26 to finish the use of the current wallet, and begin the usage only of the new one.

keep pending of more updates! 

The value of this coin was zero without support from FairCoop Team. I Support the decision to recover the lost 4M coins..

do we need to move our coins in wallet to an exchange before the application of new algo?

FairCoin v1.5.0  NEXT RELEASE  THURSDAY 26TH of FEBRUARY
Overview

This release contains some major changes to FairCoin. Our aim is to develop FairCoin further and prepare it for broad adoption. With the changes we've made to the code base the development of merchant applications, alternative FairCoin wallets and mobile applications now becomes easier and can be implemented faster. We have improved the performance of the FairCoin wallet significantly. The overall speed gain and still maintaining the same high level of block chain security is also a prerequisite to establish a reliable and stable monetary system for https://Fair.Coop.

What do you need to do

On thursday, the 26th of February 2015 at block height 94613 all versions older than v1.5.0 are obsolete and must not be used any more. It is best to avoid using the old wallet the entire day, although it is possible to use it until block 94613 occurred on the network. At around 19:00 - 23:00 UTC the new wallet will be available for download here: http://fair-coin.org/index.html#wallet

 After you have downloaded the new release, please follow the guide below.

   1.  Make a copy of your wallet.dat file and store it at a safe place! Write down the FAIR balance that is displayed in your old wallet.
   2.  If you haven't done yet make a copy of your wallet.dat file and store it at a safe place!
   3.  If you missed step one and two, make a copy of you wallet.dat file and store it at a safe place!
   4.  Now, after you made a copy of your wallet.dat file and stored it in a safe place, delete the entire FairCoin data directory
  5.   Start the new wallet and let it download the new block chain. This takes about 10 to 30 minutes depending on your internet connection and your computers performance. (Your balance will NOT be displayed yet, so don't worry!) Also, you should not create a FairCoin.conf file, it is not needed.
   6.  After your new wallet successfully synchronized to the network, stop it
   7.  Copy your old wallet.dat file (you made a backup copy of earlier) to the newly create FairCoin data directory
   8.  Start the wallet again and it will display your complete balance (if your balance differs from the one your wrote down please contact us at support@fair-coin.org)

Please note that there will be timely gap of about 1 to 3 hours between the end of the old block chain and the availability of the new wallet version because we have to convert the hole block chain and build and deploy the new binary release. This means that the old and the new version can not be used at the same time, because the new wallet does not work on the old block chain and vice versa.
Questions and support

If you still have any questions or need support please contact our forum thread here or contact us directly at support@fair-coin.org.

Further information with the technical details of the block chain conversion process here:  http://fair-coin.org/faircoin-v1.5.0.html