Re: [CARBON][SM] Carboncoin | For a Greener Future

when is the switch happening?

Hi there

The switch will happen after the new blockchain is live, after the ICO is completed.

The ICO will be formally announced with the release of the whitepapers in the coming few days.

The ICO and deployment of new protocol are expected to be completed, and coin switch in progress, by the end of the current year.

The existing network will run for (at least) long enough for all holders to make the switch.

Did I miss anything?

Am I understanding it correctly that if I have say 200,000 carboncoins in my current wallet, after the blochchain switch I will be able to convert these coins to the new blockchain and have 200,000 carboncoins on the new one?

We waiting for Carbon coin to ann the exchange ratio, however I doubt it will be 1:1 rate. IMO it's more likely 1 new for 1000 or 10000 old coins. Will make more sense, since they will do ICO before Carbon coin 2.0 is alive.

I think supply don't change. Exchange ratio 1:2 or 1:4, give old carboncoin 25%-50% weight.