Q: What will the Superblocks be?
Ill use the model of superblocks from fly as it is proven over the months to be "spot on". Here is the numbers:
10% chance of 2x Multiplier
5% chance of 3x Multiplier
3% chance of 5x Multiplier
1% chance of 10x Multiplier
1/2% chance of 20x Multipiler
1/4% chance of 50X Multiplier
1/16% Chance of 100X Multiplier
I see 2x maybe once a day or two. I see 10x once a week, and Ive seen only one 100x the entire time fly has had superblocks, which is about 8 months. To me this sounds about right.
Since CON is an existing coin where will the premine come from?
A new chain will be made. 275,000 coins will be premined on block 1.
What figure will the 10% be based off of?
10% will be added to 250,000 premined coins, bringing it to a total of 275,000. 250,000 coins to be distributed to users. 25,000 coins distributed to devs.
Now should we move forward let me explain how the swap will work (to your benefit). First there will be a start date. That is the day the swap opens. Everyone will have 30 days to turn in their old con to me. 30 days later the swap closes. The first to turn in their old con, is first to receive their new con. Its a ratio. The less people that turn in their coins, the more "new con" coins everyone gets. So for example if you turn in 5.6% of the "old con" money supply, you will receive 5.6% of the "new con". Basically, the LESS "old con" that gets turned in, the MORE new con, youll get. When the swap closes, every user name will be posted. It will have an address they sent their CON to me. The amount of old con they sent to me. The NEW address I sent the new CON to and how much. The premine address holding the 275,000 new CON will be made public as soon as its created. EVERYTHING will be transparent, and very public and detailed all listed on the new OP in a clean and easy to read format. As everything progresses, the NEW OP will be updated constantly. So youll never have to search through loads of posts to know whats going on. I keep everything on the OP and just update it. The new op belongs to Cryptco, so he will allow me access to that OP , for the purpose of updating the OP. When my work is finished, then he will change the password.
What this does is encourage buying of old con for 30 days, raising the price.
ALL old con coins go to a burn address that will be made public, so everyone can see that every con I collected got burned.
Vegas
Thank you for this information.