Scotcoin vs Bitcoin - proof of concept

Tues 27 March Meet Up Report

Scotcoin vs Bitcoin - proof of concept

Dear Scotcoin friends,

Many thanks to all who attended last night’s meeting in Scone. We had a lively audience who asked relevant and interesting questions.

Our apologies for not streaming the meeting live. Unfortunately, the connectivity from the venue was not good enough on the night to sustain a proper connection.

Here is a summary of the discussions:

  • We have a superb future ahead of us (see graphic)
  • Our key USP is that we will be KYC and AML compliant from day one with our new coin, there will be nothing cryptic about our Digital Currency.
  • As a result being current holders, if you are interested in buying Scotcoin at the moment, please indicate to us BEFORE 15th APRIL as we expect a large uptake.
  • We will have one of the team contact you to make arrangements. We would confirm that holders of Scotcoin now will be well incentivised to migrate at the appropriate time.
  • Our belief is that the Counterparty Protocol Scotcoin will not be attractive to hold once our new coin is issued.
  • We intend that Scotcoin should be a coin not just for Scotland but for the whole world, so therefore access to merchants and outlets is important. So, we’d really like your ideas on where it would be good for you to have Scotcoin accepted and used – just send your nominations with your  Scotcoin requirements as indicated above. Once we have the key sectors and potential partners from you, these will be identified and analysed to secure early adopters where possible.
  • Our technology development partners are, as we explained, continuing to work hard to complete testing on our bespoke blockchain, they are making sure it is ultra secure and reliable prior to launch, with a robust regime of validation.
  • We are also busy developing our ecosystem which is diverse and includes – partners and good causes plus some concepts around innovative use cases.
  • We expect to be consulting Scotcoin holders over the next few months on various matters and may be looking for people willing to help with testing, details to follow…

 

 

 

Got coins on Bittrex?

Bittrex  made an announcement on 16th March 2018 stating that over 80 different crypto-currencies will be permanently removed from their system. All Scotcoin holders were advised last year to remove their coins from Bittrex.

You may have received a communication direct from Bittrex in the last few days. If you have PLEASE DO NOT IGNORE IT. Be sure you have removed any coins on the list below to another wallet BEFORE 30th MARCH 2018.

Scotcoin and the Scotcoin Project CIC have no responsibility for the actions of Bittrex.

If you do NOT have any coins on the list within Bittrex, you need not do anything. If you DO and are unsure what to do, you should seek independent advice.

These are the coins affected:

8BIT
ADC
AM
AMS
APEX*
ARB
BITS*
BITZ*
BLC
BOB
BSTY
BTA
CCN
CRBIT*
CRYPT*
DAR
DGC
DRACO
DTC
FC2
FRK
FSC2*
GEMZ
GHC
GP
GRT
HKG
HYPER*
HZ
J
KR*
LXC*
MAX
MEC
METAL
MND
MTR*
MZC
NAUT
NET
NEU*
NTRN
OC*
ORB
PRIME*
PXI
ROOT*
SCOT
SCRT*
SFR*
SLG
SLING*
SOON
SPRTS
SSD*
STEPS*
STV
SWING
TES
TIT
TRI
TRK
U*
UFO
UNIQ*
UNIT
UNO
UTC
VIOR*
VIRAL*
VPN
WARP*
XAUR
XBB
XC
XCO
XDQ*
XPY*
XQN
XSEED*
XTC
YBC*

Scotcoin In The News

Scotcoin In The News:

 

The Herald ran an interesting article on Tuesday on blockchains and potential future uses.

Click here

 

Bank of England Governor Mark Carney also name checked Scotcoin when talking about increased regulation for cryptocurrencies – he agrees with us, regulation is coming and it’s a positive thing for the industry.

Click here