I lost ~300000 RBY (worth 2.6 BTC at the time of the swap) in the swap. And the most annoying thing is that it would have been 100% possible to:
- Switch to POS without the blockchain reset.
- or:
- Reset the blockchain while keeping all the balances correct. Stop the old chain at some point (hardfork). Create a new chain with a premine equal to the number of RBY in old chain. Look at old chains unspent transactions, sum them up, and recreate them in the new chain.
Both of those would have allowed everyone to keep their coins. This blockchain reset is just very amateurish..
And also there is no way to know how fair and honest the swap was, bittrex and the developer (rby) might have agreed to create 10 million coins for themselves, while saying that those coins are going to be distributed to all the old holders. It's same as a relaunch, but with a possible hidden premine.