Post
Topic
Board Announcements (Altcoins)
Re: [ANN] 📁 novusphere.io 📁 atmos (ATMS) 📁 Censorship Resistant Media Sharing 📁
by
TheHiveMind
on 27/04/2018, 15:54:02 UTC
What happens if there are over 30-40 million vidz burned and because of the multiplier bonus people would have to be paid 60 million atmos, what happens then? Will the swap end when 50 million atmos are reached?

This whole process finished last year already. Or has there been another announcement regarding the old Vidz holders?

The process is finished & no announcements about VIDZ holders (they still exist?).

However, and read carefully here. There will be a coin swap at some point in the future, which will migrate everyone holding the current, temporary Blackcoin clone chain, to the sparkly, new, main net chain. This will likely happen at some point this year.

As I understand it you will need to hold your private keys (maybe Cryptopia will help), and then you can import the private keys into the new coin's wallet. The new chain will have Delegated Proof of Stake as the consensus mechanism. You can listen to the interview with the dev and team here, which compares Atmos to existing coins like BitShares, Lisk and some others I don't have accessible in my brain's filesystem at the moment: https://www.youtube.com/watch?v=CpOLTokdCBg&feature=youtu.be