RE: BEOS on CRYPTO CONNIE with Stan Larimer!

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BEOS on CRYPTO CONNIE with Stan Larimer!

in eos •  6 years ago  (edited)

If most supporters are going to be holding their coins on the new chain, who will be left on the old chain to vote for cross chain enhancement?

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Maybe the owner of the cold wallet that will contain (on the old chain) all the BTS tokens collected ??

I'm not sure but supporters will not hold BTS token on the new chain litterally. Supporters will give their BTS token to 'BEOS team'. And they will receive BEOS token in compensation. With the assurance that they will have the possibility to exchange BEOS at any time against their original BTS. Like Openledger is doing with your real BTC in exchange of OPEN-BTC and viceversa.

That's the way i see things from my understanding of this interview.

  ·  6 years ago (edited)

That would make sense! The people holding the bts for us will vote... Did we catch the timeline on when this gateway will be live so we can send our BTS and get raindrops? It seemed like it was a week-ish from now. November something, or like a year from now. There were so many dates thrown around in these clues it was hard for me to piece it together.

Seems to me that all who receive the rain drops will get the new BEOS but also keep their BTS. So they could participate in the vote