Dear Cryptopia Users,
You are receiving this email because you currently have a non-zero PACcoin balance or you have generated a PACcoin deposit address for your wallet.
Over the past month Cryptopia and the $PAC team have been working together to facilitate the PACcoin to $PAC RCO (Redemption Coin Offering). The original PACcoin has been completely reworked. This includes an algorithm change from SHA256 to X11 and a total supply reduction from 100 billion to 3.5 billion in circulation. As a result of these changes a hard fork will occur on March 1st.
More information about these changes can be found here: http://download.paccoin.net/PAC_White_Paper_2018_Final.pdf
Here’s how the swap is going to work:
• We will be halting the PAC/BTC market sometime in the next few days. If you haven’t cancelled any open orders by the time this happens then we will cancel them for you
• The old wallet will be decommissioned and replaced with the new $PAC wallet. While this is in progress we will be disabling deposits and withdrawals. Please DO NOT send any PACcoin to your Cryptopia wallet effective immediately.
• Any confirmed balance of PACcoin you have on Cryptopia will be swapped 1000:1 or 1000 current PACcoins for 1 new $PAC on the new blockchain.
• The new $PAC will be listed on Cryptopia once we have completed the balance transfers.
Thank you for your continued support!
The Cryptopia team
