PotWallet Service Discontinuation
All users potcoins are safe and available (on POSV chain, read below).
We regret to inform you that due to lack of communication and response from the Potcoin team, PotWallet is forced to shut down its operations. PotWallet was built for Potcoin POSV and won't be ported over to Polygon.
Although PotWallet has worked closely with the Potcoin dev team, it has always been a separate entity.
Potcoin exists on 3 blockchains now
As of 2024-12-04, Potcoin exists on 3 different chains. They all seem to have their set of holders, transactions etc. Over time, there has been a disconnect between Potcoin devs and its community members.
1. Potcoin POSV (blockchain explorer): https://chainz.cryptoid.info/pot
2. Potcoin ERC-20 ETH: https://etherscan.io/token/0x390603f023a33c76e3a4bf7b6cc9fba5e87dd05d
3. Potcoin Polygon POS: https://polygonscan.com/token/0xd7c8469c7ec40f853da5f651de81b45aed47e5ab
The Bittrex Swap
When Bittrex exchange agreed to take part of the swap, it seems like all the potcoin users were swapped to the ETH ERC-20 version of the coin. Perhaps a misunderstanding between Bittrex and Potcoin's dev team. While Potcoin was going towards Polygon, Bittrex was swapping to ETH chain. Since Potcoin devs never setup a Bridge/Swap, users on both chains (POSV & ETH) are now essentially locked in, as no exchange supports them.
How to Get Your Coins
Your coins at PotWallet are safe but currently on the POSV chain. There is only one compatible POSV wallet (Potcoin Core). Please note that while this wallet remains functional, it is far outdated, no longer maintained and unsafe to use. The Potcoin POSV is unsupported by exchanges and therefore no way to trade it.
PotWallet is trying to get in touch with Potcoin's dev team to find a solution into how to easily transition the PotWallet users. It has been as ongoing battle as the Potcoin team is not responsive.
We invite all Potcoin users to contact the Potcoin dev team to push for an open bridge/swap from POSV + ETH to Polygon so all users from all chains can swap over.
We strongly recommend on waiting for a final solution from Potcoin as withdrawing your coins to another POSV wallet is not recommended at this time. If you still want to proceed, please email us from the same email address as your registered PotWallet account at support @ potwallet.com . After verification, we will send you the coins to your Potcoin POSV Wallet. If the Potcoin team decides to answer with a solution to swap out the PotWallet users' coins, we will be able to withdraw them directly to Polygon. As of 2024-12-04, we have yet to hear from them.
What the Future Holds
Potcoin was started back in 2014 with a great mission. It still has great potential, but it will take an effort from the Potcoin's dev team to re-integrate all the original Potcoin members by creating a Bridge/Swap (either automatic or manual) and permit the POSV and ETH holders to swap over.
As for PotWallet, the workload needed in order to change the infrastructure from Potcoin (POSV) over to Potcoin (Polygon) while porting all the features, is not a feasible option at this time.
Potcoin team needs to be more transparent with their community in order to re-unite the community and be more transparent.
We appreciate your understanding and thank you for all these years.
PotWallet Team