It's nice that my topic can help. Investing in altcoins can benefit you a lot (can make you loss either) but it take time and close attention in order to avoid losing money.


Totally agree. Support from exchanges is the best option for investors since it's a guarantee for listings and only decent exchanges are willing to do support a swap. However, if no exchange gives a hand, projects always have guidance for this process. And as far as I know, it's not very complicated.

Hey, I already used "According to..." instead of a quote. Besides, I mentioned all the resources at the end of the post. I don't want to copy-paste, trick or prove anything here. 

Sure Telegram is a must join source. I already mentioned it. Information on Coinmarketcal or some other webs is for reference only. Official annoucements are always available on social medias.


It's not that I didn't know anything about this. Part of the reason was I had intended to give up on cryptocurrencies and it almost made me forget about those tokens. Anyway, I just want to share my story as a reminder to those who are new to cryptocurrencies.

Hi guys. Mainnet is nothing new but I hope my mistake will not happen to anyone in this forum.

What is a mainnet?
According to 101blockchains, a mainnet is a blockchain that performs the functionality of transferring a digital currency from a sender to a recipient. Mainnet is simply the main network, whereby actual transactions take place on a distributed ledger. In other word, a mainnet is the main blockchain network for a project to run and seemed to be the final product of it.

In contrast with mainnet is testnet. A testnet is just a prototype blockchain where programmers and developers test and find faults or bugs...

Mainnets are usually followed by mainnet swap. As mentioned above, mainnet is the official (also native) blockchain of a project. After a mainnet is launched, that whole project must migrate from the old blockchain to the native one. That process calls mainnet swap.

Why it matters?
Here's my story. In early 2018, I bought a bunch of Cybermiles token (CMT) worth ~ 100 USD and stored them on my MEW. But as the serious downtrend darkened the market during that year, I shut down my computer to temporarily forget about cryptocurrencies. A year later, I came back with the intention of investing some more on cryptocurrencies and oops, I can't deposit those CMT tokens to Binance. Turned out, it had finished mainnet swap from ERC-20 to its own blockchain a few months ago. My tokens became a bunch of crap then.

The lesson here is "Always keep yourself updated on all altcoins you're investing in", especially mainnet schedule. There's usually a deadline for swapping your tokens after mainnet release. After that deadline, your tokens become worthless most of the case. You can do this by joining or following their social platforms: facebook, twitter, telegram, discord, medium, etc...

Some of the ongoing/upcoming mainnet releases:

• Insolar (INS): Mainnet realeased on 03 Feb, 2019; deadline for swapping token (from INS to XNS): 03 Aug, 2020
• Constellation (DAG): scheduled on 30 Mar, 2020
• Matic Network (MATIC): scheduled by end of Q1, 2020
• Origin Protocol (OGN): scheduled by end of Q1, 2020
• Verasity (VRA): schedule by end of 2020

Reference:
- https://101blockchains.com/what-is-a-mainnet-in-cryptocurrency/  
- https://medium.com/okex-blog/what-is-a-mainnet-and-what-would-happen-when-it-is-launched-bd249d6129f7

Nice guide. I'm new to this forum but I'm not new to BB codes. A small mistake that people usually make when using BB codes is that they forget the closing code. For example some use "[size=...]" but forget to use "[/size]" and hence all of the afterward content is affected. Instead, it's recommend for new BB codes users to use the composing tool box:


One more thing, don't forget to click on "Preview" button to see if those codes work well when finishing posting to avoid spending time editing after publishing.

Clearly Hive stands for community's will while the old Steem now becomes a Justin Sun's toy. It's a win for the community in the battle with Sun. No magic here from a tier 2 exchange like Bittrex. Apart from that, maybe some Steem holders are taking advantages from this listing. That also contributes to the pump.