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.
Thanks a lot is much clearer now, currently reading through the FAQ.
For an outside i must say it sounds a lil shady with the new network but i will read further into the idea. last question, whats the best way to follow up on the news of the devs? bitcointalk seems slow. do they have telegram or discord?
"13. QUESTION: What will be the total supply of new tokens in the new network?
ANSWER: 9 billion."
but then its optin...rest goes to whoever controls it