Claim your SPARC before July 16th!

in gridcoin •  6 years ago  (edited)

SPARC is switching over to "DCC" on July 16th. For those solo crunchers out there, don't forget to claim your SPARC on https://alpha.sparc.network/index.html before it goes down, (this isn't certain, but the sparc.network domain is already redirecting.)

PLEASE NOTE: The SPARC token contract will be migrated to a new contract during the week of July 16; the new token name will be DCC, for Distributed Compute Credit. Migration is automatic, token holders should not have to do anything. Please share widely!

DCP team (@DC_Protocol) June 26, 2018
Update forthcoming on what they say regarding crunching for DCC in a similar way to SPARC.

Note from DCP: "We are launching a science compute network with a similar mission to BOINC, but leveraging modern web technologies that scale better and are more user-friendly for both developers and miners. We will invite BOINC miners to also sign up to our scientific compute network to continue earning DCC!"

Always super important to note: Any currency that's listed on a website isn't "yours" until you claim it in some way to a wallet you own. Better safe than sorry. In this case, they pay the GAS, so withdraw as often as possible. :)

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So just to avoid any misunderstanding, i don't have to withdraw my SPARC on their website. It will just be automatically converted to DCC, regardless of wether i have it in my Ether wallet or they 'owe' it to me on my SPARC dashboard, right?

This is an unknown actually. However I made this post because I believe they'll be abandoning the alpha SPARC site after conversion. For instance. https://sparc.network now forwards to https://kingsds.network

Compare the archive.org of sparc.network: https://web.archive.org/web/20180331043724/https://sparc.network/ to https://kingsds.network

The SPARC that's on the website is currently within their smart contract and isn't "yours" until you claim it, it isn't clear what will happen to it, so to be on the safe side, withdraw it to an ETH wallet so it gets converted to their new token.

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On http://distributed.computer/, it can now be read ;-)

16/07/2018

NOTE: SPARC tokens --> DCC tokens 16-30 July 2018
The SPARC token contract is being migrated to new DCC token contract, 1:1 swap. No action on behalf of SPARC token holders required.

Withdrawals from SPARC Alpha temporarily frozen during migration period.

SPARC Alpha will resume with Distributed Compute Credits (DCC), no changes or action required on behalf of users.

so I think it is transparent on alpha.sparc, we are gonna earned DCC now :-D

Much thanks for the update!

This week's withdrawal was delivered as DCC tokens.
My balance of SPARC tokens has also been converted to DCC although the SPARK tokens are still in my wallet.

I had to look up my DCC token contract address in order to add it to my wallet. I visited https://etherscan.io, searched for my wallet address and viewed the most recent token transaction to locate the contract address.

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