Dear community users:
The adjustment measures introduced this morning are mainly for technical upgrading. After a day of hard work, we made a very positive attempt and verification. With the highest priority, we quickly improved the basic revenue distribution procedure to meet the needs of the community before the complete formal process was completed.
1. The distribution of revenue on June 12, 2018, initially expected to be issued before 2:00 a.m. (GMT+8, the same below)on June 14, 2018 (tomorrow) for a period of 2-3 hours.
2. In the coming week, we will use the improved version of the disbursement process to return the daily revenue to be distributed to you on a daily basis. The daily return time cannot be determined. We will do our best to ensure that the issuance will be completed within the same day. Even if it is postponed slightly, it will surely arrive that night.
3. A week later, the fully upgraded version of the distribution process will be launched. We will be able to start distributing revenue distributions on a daily basis for a fixed time. Stay tuned.
FCoin is rapidly developing. At this time, it requires more community understanding and trust.
June 13, 2018
Technical questions related to revenue distribution from Zhang Jian
1. Q: Why is the announcement issued in the morning that the revenue distribution time should be postponed temporarily? What is the specific decision basis?
A: From the data collected in the 0:00 till early morning today, we have found that it is difficult to cope with the increase in trading volume with the performance of the current revenue distribution program. There are great technical risks and it is very likely that the day can not complete the revenue distribution of the previous day.
2 Q: Can you arbitrarily adjust the rules to be understood as dictatorial? Do not respect the interests of the community?
A: No, it is not. All our adjustments are related to technology-related rules. The goal of adjustment is first to keep pace with the development of the community, and then to optimize performance. These are closely related to the interests of the community.
The principle of 100% return of Trans-Fee Mining and 80% of Revenue Distribution to FT holders will never change.
3 Q: Since it is a technical issue, is there a better solution?
A: We are in an emergency meeting to study and evaluate. The R&D team is also cooperating with the rapid upgrade and verifying the feasibility. It is expected that a better plan will be introduced tonight. Please keep close attention.
The community was just born and we thank everyone for their trust and care.
FCoin Community Fouder
June 13, 2018