Ninjastic
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Board Tokens (Altcoins)
Re: ANN: ELIXIR (ELIX) Mobile Lending App Announced (ELIX On CoinExchange)
by
Neon~
on 26/09/2017, 20:26:37 UTC
Quote from: Coiner_ on September 26, 2017, 08:20:49 PM
Quote from: musclepump on September 26, 2017, 08:16:03 PM
Quote from: onlytemporary on September 26, 2017, 07:57:21 PM
Just to make sure I have this correct. Although we have the genesis pairs, we don't send our EXOR to the parent, but instead send EXOR to the ELIX address:
0xc8C6A31A4A806d3710A7B38b7B296D2fABCCDBA8?

Is that a true statement? if so, what good is the Parent address? Maybe I am not fully understanding the process.

You send you exor to your parent address to creat3 a batch.... The batch created will also be exor... When you want to trade on exchanges then you send your exor to the elix address to get elix which is trading on exchanges...

Make sense?

But the OP says:

Quote
To convert EXOR to ELIX, send EXOR to the ELIX address:

0xc8C6A31A4A806d3710A7B38b7B296D2fABCCDBA8
Yes, that is for one-to-one conversion from EXOR to ELIX, so that you can trade ELIX on exchanges. Batch creation happens between EXOR child and parent address.