Hi Tempus,
If LKK and other colored coins are technically small bits of Bitcoin, how will they be impacted due to a hard fork on that blockchain?
And is there any plans to issue colored coins on Ethereum or any other blockchains?
If LKK and other colored coins are technically small bits of Bitcoin, how will they be impacted due to a hard fork on that blockchain?
And is there any plans to issue colored coins on Ethereum or any other blockchains?
Hi DJ53!
I'm not totally sure tbh and most likely it would depend on the situation. Right now I believe they'll stick to the Core-Chain. But as far as I know, technically both chains would be possible to use for colored-coins.
Lykke tweeted this yesterday:
Lykke Exchange supports the Hard Fork Contingency Plan @coindesk
http://www.coindesk.com/bitcoin-exchanges-unveil-emergency-hard-fork-contingency-plan/
https://twitter.com/LykkeCity/status/842978281494384640
Btw, somebody asked the same question today on Slack and once I know more I'll post it.
Regarding Ethereum: It's also something I would have to ask. Longterm it's possible how I believe, most likely especially if Lykke should list an ICO of an Ethereum-project for example.
Hi Tempus, thanks for the good work you are doing communicating the plans.
I can see the Lykke1Y has now started trading and is already up
