1. Introduction
2. CIP3 Hardfork xCIPHS to Ciphscoin 2.1. Hardfork for xCIPHS holder 2.2. Information for CIPHS(erc20) holder
3. Ciphscoin allocation for CIP2 to CIP3

These proposal is to upgrade xCIPHS (xDai) token to a cryptoccurency coin, prebuilt on standalone blockchain which dominated by Ciphscoin (CIPHS) as a main cryptocurrency. The purpose is to upgrade the functionality of native xCIPHS token (xDai) to a Coin that represent as Decentralize Cryptocurrency that tradeable with value within Ciphscoin Protocol Network (CPN). Till date these project are self funded by crowdsale and devs, which makes CIPHS entirely 100% immunitable blockhain based fintech project.

As per whitepaper we plan to build other coin for DAO. We have tried a few options which use tremendous cost and time for R&D. Comed to the the final conclusion with decision to build a standalone blockchain for Ciphscoin. Prior to the upgrade, we propose to upgrade xCIPHS (xDai) to Ciphscoin (CIPHS). Ciphscoin Protocol Network (CPN) will be backed by 100% Proof-of-Work consensus. These benefits everyone with fair start. Feel free to start mining CIPHS with CPU and support the network security.

Coin Name: Ciphscoin

Ticker: CIPHS

Decimal: 8

Distribution: 100% PoW (CPU/GPU Mining)

Max Supply: 27 million + tail emission

Premine: 6 Million from xCIPHS

Ciphscoin function are different from erc20/xdai where everything included in one code. Such as security, functionality, compatibility, consensus and token standard and such requiring all together within 1 smart contract. With standalone Ciphs Private Network (CPN) backed by Ciphscoin, these task are distributed among many entities. We have Nodes, Miners, Users, Devs, Intitution, Enterprise and who knows who. All function within CIPHS (erc20/xdai) such as Minting and Meritocracy are now autonomous and based on proof. While the concept of Voting are handled by Miners with Proof-of-Work which the best in terms of 'automation'. Ciphs Private Network are surely the stronger place to build Transparency and Equality which is 100% Proof-of-Work base public ledger, coming with extra benefits such as private transfer. Did we mention Ciphscoin is 12 second per block tx? and there's more.

xCiphs holder may redeem CIPHS by starting a chat with our friendly @CiphsBot (https://t.me/ciphsbot), the bot will guide you all the way to the final process of swapping xCiphs to CIPHS . Please noted you will receive 'CIPHS' symbol/ticker as abbreviation from 'Ciphscoin'. Migration of xCIPHS to CIPHS are supported by Core Dev without any prejudice for 3 years. Remain balance will be use as collateral within Ciphscoin to build stable asset based token. Visit Ciphscoin repo for more info regarding CPN development at https://github.com/ciphscoin. While for xCiphs collection wallet, all xCIPHS received will be send to xDAI burn wallet as total closing amount for xDai blockhain ledger. It is auditable by anyone by referencing to both wallet mention at the bottom of this document.

Get xCiphs balanced relatively to erc20 wallet using xDai wallet provided here (https://xciphs.burnerfactory.com). Restore your private key from erc20 wallet which store legacy erc20 CIPHS, the key will be process on Users browser. To be safe, you may disconnected from internet while decrypting your private key to xCiphs wallet. For CIP2 visit provided link https://github.com/ciphscoin/CIP/blob/green/CIP%232%20Erc20%20to%20xCIPHS

xCIPHS Wallet - receive xCiphs: https://blockscout.com/xdai/mainnet/address/0x30b64Fa9112A6e884A4E246DD0476c0af469986b/transactions

Ciphscoin Wallet - return CIPHS txid: http://152.89.247.97:50604/tx/ceb7f63255e4f1699522ca8ea7019ec3c4d5ce1fce25925d09180ee56bb87921 txid: http://152.89.247.97:50604/tx/3de711f42118df828e87fcfd006244311c43a463a1757998d9795fc223928a51 - subsidized tx fees