Post
Topic
Board Announcements (Altcoins)
Re: [ANN] SWARM CITY: First Truly Decentralized Peer To Peer Sharing Economy
by
CrowdFunder
on 21/02/2017, 13:04:33 UTC
Hey guys.... I tried using the site at swarm.city but none of the existing ARC token swap methods work for me as I believe it's because I hold my ARC in MyEthereWallet... what are the options for people like me with ARC in an Ethereum based wallet like Parity or MyEthereWallet? Thanks.

I saw that at the moment, you can use your mew private key in the terminal.

Create a new profile, choose the convert option, then choose the following option, and enter your private my ethereum wallet key :



Call me paranoid / crazy but I just don't get the warm and fuzzies dropping my Eth private key in to a centralized web wallet when it contains other assets aside from Arc. Is there a point where we can redeem ARC for SWT via a smart contract we can send coins to? That would make me feel a lot better Smiley If that is the case I'll just wait for that, if not, I'll have to weight the risks to rewards...

It is not centralized as far as I know. Something like connecting gateways. But I don't have the tech knowledge on it.

It is understandable tho, because you just don't know how reliable it is, and new.