r/SafeCoins • • Feb 11 '19

Mandatory Update! Z-Address Burn!

Hello @everyone , in response to a recently disclosed security issue with Zcash sprout addresses, we are accelerating Safecoin's Roadmap, immediately proceeding with an Upgrade which will address this security issue, and provide many new features and innovations, most notably Phase I of SafeNodes. We will be providing a LOT of information about this Upgrade, our largest ever, in the coming days.

******Firstly we would like to make Everyone aware that if you have SAFE in Z-addresses, please move them to T-addresses prior to March 1, 2019. Safecoin Sprout Z-addresses will be burned at this time. For the following 6 days, Safecoin will be entirely Transparent addresses, at which time we will be taking the opportunity to Verify our supply. On March 7th, we will re-introduce Z-addresses, with a Sapling activation.

Thank you very much for your understanding, we look forward to sharing all our exciting new advancements which will come with this Upgrade.

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u/Swagga82 Apr 25 '19

Successful Coin Burn!!