The New Wallet will have 2 less zeros on the Kringles side of it. See the poster above to see what I mean. But the loss of those 2 zeros doesn’t change the value of those Kringles in relationship to the decimal point. In order to make all things balanced in value, we will remove the same two zeros on all of your unredeemed Cookies. So, please don’t send in a bunch of support tickets when you notice the loss of two zeros on your Cookies. Mathematically, the value is exactly the same and I hope you understand decimals enough to know that an infinite number of zeros on the right of a number that is situated on the right side of a decimal point has no additional value. 0.00000000 is exactly the same as 0.000000. We are in the Distribution Phase of the TBC Economy and we don’t want to clutter up the New Coin Network and blockchain with a bunch of very small transactions in the cents. Sorry, at this time it is not a good time to buy a piece of bubblegum using TBC. Down the road we will develop a separate Kringle Wallet that can do microscopic transactions that will have all the zeros you would ever need.
Cutting off the last 2 zeros on your Cookie Rewards will happen before May 1st and the day the Redemption Period begins. Like I said, this change will not impact the value of those Cookies once they are redeemed for Kringles. It just keeps things easier to understand because this will keep Cookies in equal value with Kringles. 1 Cookie = 1 Kringle
As of April 30th, we will no longer be giving gifts of Kringles because as I have said in a previous article those kind of gifts leads to alot of orphaned coins that are lost forever in the TBC Economy. It’s like burning paper money. It’s just gone! Instead, we will give people Cookies instead as the gift. So, when this change happens in the next couple of days, people will get 250 Cookies instead of 25,000 Cookies. Cookies like Kringle don’t lose any value when the last two zeros are cut off.
