so how will this affect the current wallet? Do I need to download a new wallet? You said coin swop is not mandatory but will the coins be on the same chain or not?
Currently coins will not be on the same chain as Doc and Sigtd hold the keys for the old chain, A new wallet for the new coin in in progress, the swap is not mandatory you can choose not too, its an option, however, it is not looking likely the old coin will survive.