Hi guys,
im not continously following this project but i just saw that there is a swap? or fork?
Is there a source where i can followup in laymens terms? the announcement on the website is quite confusing.
Thanks in advance for tips!
It is being debated how it will exactly work and not a final plan yet. The FAQ on their forum is probably the clearest. Basically when Catapult is released, they take a snapshot of all nem1 wallets, and those wallets can opt in to redeem that amount of Catapult. You can either pre-opt in to get them right at the initial release, or redeem them at a later time.
Did You check out the Catapult Migration FAQ at the forum site? support.nem.help/hc/en-us/sections/360007012931-Catapult-Migration-FAQ
It's not totally clear but hopefully helps a little.