BOLD Transitions to a Masternode and Proof-of-Stake (PoS) Coin
In order to properly re-position itself in line with its original vision, BOLD will be transitioning to a coin with Masternodes and Proof-of-Stake features. The coin will be dropping its privacy feature.
The vision of BOLD is to provide a users with a viable alternative to fiat as currency and to play a role in enabling mass adoption of cryptocurrency in commerce.
The new BOLD will bring fast, secure digital payment to the world of commerce, without negative disruption to how merchants receive their funds or how buyers access, acquire or spend cryptocurrency – this is the vision of BOLD.
Development is currently in rapid progress, and we are running tests at the moment on our new testnet. The tentative date for the actual transition will be announced soon – please follow our Discord channel for regular updates, as well as details of the new BOLD.