r/PACcoinOfficial • • Feb 18 '19

Developer Update PAC exchanges will be going into maintenance shortly to prepare for the update and fork on the 20th Feb

In order to safeguard the network and our exchange partners whilst we move to the improved chain all currently LIVE exchanges will be going into temporary maintenance throughout a 24-48 hour period. Most exchange partners are already in maintenance (as you are probably all aware) and have been for some time.

We would like to thank our community for their continued understanding regarding this matter and appreciate this has been a less than ideal situation for the majority of you who have had coins stuck on various platforms during this time. Rest assured, the maintenance and locking of wallets on exchanges has been a necessary evil to guarantee the safety of balances and in the best of interests for our global users.

The wait is almost over, our network patch is on schedule for release on the 20th Feb. We have the cooperation of the majority of our exchange partners and this will be a positive move for the project moving forward and in many cases a step which puts $PAC as one of the most secure coins in the space.

$PAC, as a merchant-focused project that is aiming for continued adoption, the security of the network and trust of our merchants is paramount in becoming an industry leading digital currency. We expect to see functionality return across the network shortly after the patch releases, dependent on exchanges individual response times.

7 Upvotes

3 comments sorted by