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Author Topic: Coin changing underlying protocol midway  (Read 74 times)
chainarcane (OP)
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December 15, 2021, 10:44:41 AM
 #1

I recently came across a new currency https://diamcircle.io/tokenomics which though initially based on their own proprietary tech have transitioned to ERC-20 in the span of a few months. Would the coins I have already mined be changed on their own ? or would the older protocol still apply to them?
FP91G
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December 15, 2021, 03:06:00 PM
 #2

You should get this information from the developers. As a rule, they give a certain time to exchange your mined coins for ERC-20 tokens. Follow the instructions provided by the coin developers.
This means that it is very unprofitable for developers to support the POW algorithm.
chainarcane (OP)
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January 11, 2022, 01:05:43 PM
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Thanks for the info, will do.
FP91G
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January 12, 2022, 03:11:14 PM
 #4

Thanks for the info, will do.
You are welcome.
I think that if a coin cannot work on the POV algorithm, then when it becomes an ERC-20 token, the popularity of the project will not grow. For ERC-20 tokens, there are large commissions, I hope that Polygon or similar networks have chosen the developer.
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