4 Step Guide to Migrate to Scotcoin 2.0

  1. Create a Counterwallet.io Account & note the Bitcoin / XCP Wallet Address
  2. Send all SCOTCOIN that you wish to convert to SCOT 2.0, to this address - SbMdRdD4sPJYeuBJuxqbDjrzhW3DzsTev5 (This is a ‘burn’ address and will expire on 31/12/2014)
  3. Once sent, double click on the transaction within the wallet and copy/paste the transaction id (Looks like - 4a288ffe4367e2eb34ae0eacbf2cf69a0cd03e797802c72ba8d2b43e667c35c6)
  4. Send, either a Facebook email to our Page (or normal email to info@scotcoin.org) with the following information:-
    1. Scotcoin Amount Sent (e.g. 1,000,000)
    2. Scotcoin Sending Transaction ID (e.g. 4a288ffe4367e2eb34ae0eacbf2cf69a0cd03e797802c72ba8d2b43e667c35c6)
    3. Counterparty.io Bitcoin/XCP Address – for receipt of Scotcoin 2.0 funds ( e.g. 1GxDFZ9YnWbr7gnZXsZf2UAmUjwS346D9t)

 

SCOTCOIN 2.0 Counterparty Asset Now Tradable with Bitcoin @ MasterXchange.com (Symbol - XCPSCO / BTC)

Click Here

Scotcoin 2.0 Migration Information to Counterparty.io

 

UPDATE: 19/11/14 – RE MIGRATION – PLEASE CONSOLIDATE ALL YOUR SCOTCOIN INTO 1 WALLET AND SEND ONCE…  THANKS

17th November 2014 – FOR IMMEDIATE RELEASE

  • As announced, Scotcoin will move its entire ecosystem to the Bitcoin Blockchain, via the Counterparty.io Asset based solution by 1/1/2015.
  • The existing Scotcoin Blockchain will function until this date, but following 1/1/2015, there are no guarantees of further functionality – Viewable via http://scotexplorer.com
  • The Scotcoin 2.0 Asset Class, based on Bitcoin Blockchain technology and via the Counterparty.io XCP decentralized network,  has been established, and is now viewable here - http://www.blockscan.com/assetInfo.aspx?q=SCOTCOIN
  • The Scotcoin 2.0 Economy has been locked and is limited to 1,000,000,000 (1 Billion) Scotcoins ever to be created and will initially be migrated to all existing holders of Scotcoin on a 1 to 1 ratio basis.

MIGRATION DETAILS TO EXISTING SCOTCOIN HOLDERS

  • Create a Counterwallet.io Account & note the Bitcoin / XCP Wallet Address
  • Send all SCOTCOIN that you wish to convert to SCOT 2.0, to this address - SbMdRdD4sPJYeuBJuxqbDjrzhW3DzsTev5 (This is a ‘burn’ address and will expire on 31/12/2014)
  • Once sent, double click on the transaction within the wallet and copy/paste the transaction id (Looks like - 4a288ffe4367e2eb34ae0eacbf2cf69a0cd03e797802c72ba8d2b43e667c35c6)
  • Send, either a Facebook email to our Page (or normal email to info@scotcoin.org) with the following information:-
    • Scotcoin Amount Sent (e.g. 1,000,000)
    • Scotcoin Sending Transaction ID (e.g. 4a288ffe4367e2eb34ae0eacbf2cf69a0cd03e797802c72ba8d2b43e667c35c6)
    • Counterparty.io Bitcoin/XCP Address – for receipt of Scotcoin 2.0 funds ( e.g. 1GxDFZ9YnWbr7gnZXsZf2UAmUjwS346D9t)

INFO RE CRYPTO EXCHANGES

Should you have working orders (or balances) on any of the SCOT participating exchanges, you have until 31/12/2014 to decide what to do with these balances.  If you wish to remain speculative, this is of course fine, as we will work on a ‘burn’ of coins to the address above.  Following this date, we cannot offer any guidance, other than, we are discussing new opportunities for SCOTCOIN 2.0 / BTC trading opportunities with all current and new exchanges.

SUMMARY

Thank you for being part of the Scotcoin project to date, and we truly hope that with this migration to counterparty.io and all that occurs, will truly become invaluable in growing the Scotcoin economy for many years to come.

If you have any questions, please goto our Facebook group

 

Scotcoin Project announce SCOTCOIN 2.0 - Full Migration to Counterparty.io

SCOTCOIN 216th November 2014 - FOR IMMEDIATE RELEASE

Today, the Scotcoin Project announced that they are to phase out the existing ‘standalone’ SHA256 Scotcoin network and fully migrate to the Counterparty.io solution, as a Digital Asset, utilizing the Bitcoin network infrastructure.

Derek Nisbet, Founder of Scotcoin said “Following on from the successful launch and subsequent roll out of Scotcoin directly to the Scottish people, and with the ongoing interest in developing further solutions for Scotcoin, we faced a real issue with respect to maintaining the integrity of the existing network, as Scotcoin was built on it’s own blockchain.

Thanks to the fantastic innovations this year by Counterparty.io, we can now seize the opportunity to add SCOTCOIN as a digital asset into the Counterparty solution, and back this up with the power and robustness of the Bitcoin network.

This will allow Scotcoin to grow in so many new ways, which are becoming possible via Counterparty & Bitcoin including Multi Sig, Smart Contracts and so much more, as well as offering everyone involved with the Scotcoin community, complete piece of mind that the underlying network will remain robust, plus they will now hold a true digital asset, 100% confirmed and contained, within the Bitcoin Blockchain”.

SCOTCOIN 2.0 has a fixed supply of 1,000,000,000 Scotcoins and will be offered via Counterparty’s Counterwallet technology, as well as being immediately listed on their decentralized exchange and directly traded against XCP (Counterparty’s own crypto).

For everyone that holds existing Scotcoins, these will be swapped to Scotcoin 2.0 on a one to one ratio upto 31st December 2014.  More information on the migration will be issued next week via pit Facebook Page with support being offered in our Facebook Group.

Media Enquiries: info@scotcoin.org

Twitter - @scotcoinproject

Facebook – http://facebook.com/scotcoin

Website: http://scotcoin.org

 

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Download either Windows, Mac, Linux or Android Scotcoin Wallet Software

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For MAC USERS – D’load latest Scotcoin.conf file (Right Click & Save As)

  1. Start The Software
  2. This will open the wallet but at this stage you may receive a message stating “Block source unavailable” This means the wallet can not connect to the network and receive coins.
  3. Close the wallet 
  4. Get the scotcoin.conf file 
  5. Goto Finder
  6. Press Cmd + Shift + G
  7. Paste the following – /users//Library/Application Support/Scotcoin/
  8. Add scotcoin.conf file – drag and drop to this folder
  9. Once you have copied it into the correct location per above simply open the wallet again and it should start syncing within a few minutes
  10. The block source should begin downloading and your done!!

For WINDOWS USERS

If you don’t connect initially (‘No Block Source Available’ Message), download the latest scotcoin.conf file 

  1. Close your Scotcoin wallet 
  2. Open up the folder where you installed Scotcoin.
  3. Get the latest scotcoin.conf file (above)  - Right Click – Save As
  4. Open up My Computer / Windows File Explorer. 
  5. In the address bar type in the following: %appdata%\scotcoin
  6. Hit enter and paste in the scotcoin.conf file
  7. Open up your Scotcoin wallet and it should start syncing within a few minutes