Coinspace Update – Final Step to Receive your S-Coins on the Blockchain 😃

From: Coinspace Newsletter []

On Behalf Of Coinspace Newsletter
Sent: Friday, July 6, 2018 6:02 AM
To: Bob
Subject: Final Step to Receive your S-Coins on the Blockchain 😃

The S-Coin Token is live and here and has reached a major milestone with the official launch of the S-Coin blockchain! This is an important step in S-Coin’s journey to build a strong network. The coin has been alive on the Blockchain for several months and our deadline for the release was met as promised.

The choice to not make a public announcement in November was due to fraud that could occurred affecting the security and value of the coin. This was to protect you and the system. Many of you are aware of the challenges Coinspace has faced with fraudulent and stolen coins. The audit of the accounts (after the fraud occurred) was much more difficult than anticipated, and this has led to unfortunate delays that have affected all our members. However, we are very excited that it has brought Coinspace to the place where we are now – only a step away from the distribution of the tokens to the blockchain.

Despite all the attacks and all the stolen money from the company, which is under the investigation of the authorities in several countries, the company has continued its commitment to releasing a strong Token to the Marketplace. Coinspace is very enthusiastic to announce the first releases of the token to the blockchain. In order to do that, Coinspace needs your private secure myetherwallet address from you (it needs to be sent (copy-pasted and doublechecked) to your back-office account). After you will send us your secure myetherwallet address, Coinspace will be able to distribute the tokens to the blockchain (to your private unique address on that blockchain) the sooner you provide us your address the quicker you could receive your tokens on the blockchain.   The instructions on how to do that will follow this newsletter or can be found now at .

We only recommend using the official MyEtherWallet located at using any other wallet could result in loss of your coins.

Please note that if your account contains stolen or fraudulent coins you will not be able to be converted to the blockchain until you have provided us the true proof of funds to the company. Coinspace is aware that many distributors have paid their upline distributors, who then did not turn the funds into the company. If it happens that you are in this situation, we encourage you to contact the person that you paid to and ask him/her/them for a proof that they really send the funds to the company in order to speed up the release of your coin to your private secure address. NOTE: A copy of a screenshot or receipt or email from Coinspace does not serve as a Proof of Payment being turned into the company. Proof of Payment that are accepted are wire transfers to Coinspace, Visa or Mastercard receipt, etc. We are happy that finally we can send you some really positive feedback to you and are hardly waiting for your response. Sincerely yours, Coinspace.

How To Add Your My Etherwallet to your CoinSpace Wallet.

1. Log into your Coinspace Wallet.
Go to the My Account Menu and Choose My EtherWallet2. Go to and Create your register and create you Myetherwallet address..

3. Paste your Myether wallet address in you Coinspace Wallet.

4. Click the Save button and save you MyEther Wallet to your Coinspace Wallet.

What is a Blockchain?

In brief, a blockchain is a digitized, decentralized, public ledger of all cryptocurrency transactions.
In other words, we can describe it like a decentralized, global, huge spreadsheet, which keeps track of who sent how many coins to whom and stores the balance of accounts. It is recorded chronologically and publicly and it is growing constantly. As it is decentralised, it is not in the control of a central authority, but it is maintained and stored by individuals across the globe who have special high-powered computers (miners).Lots of transactions are taking place across the world. Transactions can be made from exchanges or crypto wallets (like MyEther Wallet). These individual
transactions are grouped together into a block, organized by strict cryptographic rules. The block is sent out to the Bitcoin network, Ethereum network or some other, which are made up of people running miners. Miners compete to validate the transactions by trying to solve complex mathematical puzzles. The winner receives an award in a coin or token. This validated block is than added onto previous blocks creating a chain of blocks called a blockchain.

As this is only a simple explanation, we advise you to read more about it on internet.

The Coin Explained

The coin will be Based on the Ethereum Backbone.  To a beginner, the entire concept of Ethereum and Ethereum token can get very confusing very fast. The idea that Ethereum not only has its own currency (Ether) but also has tokens on top of that which can act as currency themselves, can be a little mind-boggling. Before we even begin understanding what Ethereum tokens are all about, it’s important to grasp some basic concepts.

The entire Ethereum network is a giant mass of nodes (computers) connected to one another. In fact, the entire network can be visualized as a single entity called the “Ethereum Virtual Machine” or EVM for short. All the transactions that have happened and will ever happen in this network are automatically updated and recorded in an open and distributed ledger.  We have chosen to release the coin on this network due to is advanced features and security.

Standard Disclaimer

As with any decision, We encourage Members to get personal advice and to do your own research before acting on information. We do not in any way warrant or guarantee the success or return on the coin The coin value is determined by the blockchain and the rule of supply and demand. Past performance is not necessarily indicative of future results. All cryptocurrencies carry risk and all decisions of an individual remain the responsibility of that individual. There is no guarantee that systems, indicators, or signals will result in profits or that they will not result in losses. All members are advised to fully understand all risks associated with any kind of cryptocurrency they choose to do. Hypothetical or simulated performance is not indicative of future results. We make no representations or warranties that any members will, or is likely to, achieve profits similar to those shown, because hypothetical or simulated performance is not necessarily indicative of future results. We further do not honor or endorse any promises or guarantees offered by any authorized on non-authorized agents.  All reasonable efforts have been made to ensure that the contents of this newsletter is accurate and free from error. However, it is possible that errors exist, both typographical and in content. Therefore, the information provided here in should be used only as a guide and not as the sole source of reference.   The authors, advisors, and publishers shall have neither liability nor responsibility to any person or entity with respect to any loss, damage, or injury caused or alleged to be caused directly or indirectly by any information contained in or omitted from this newsletter. All content within the newsletter is the property of Coinspace Ltd. All rights reserved. No part of the newsletters may be reproduced, transmitted or copied in any form or by any means without the prior written consent of Coinspace Ltd.

Copyright © 2018 Coinspace LTD, All rights reserved.
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