so are they on a new exchange? what happened to the coins?
what happened to the coins? -
[ANN] GorillaTeeth [TEETH] | Merged Blockchain of 10k and BALLS | GorillaEx Soon
April 20, 2015, 06:10:34 AM
Reply with quote #1
Please pass this around: https://twitter.com/PurePoS/status/591656660617297922
Fairly soon, a new exchange will be launching, GorillaEx, which I talked a bit about earlier, but will give more details of shortly. It will be run by those operating btcpool currently, which is why things have been a bit slow there; I've torn him away to work on something new. We will be doing the coin swap on GorillaEx when the time comes to merge 10k and BALLS. The ratio will be unknown until the amount of coins traded in is known; the amount issued per half has already been decided
Anyone with an open ticket on btcpool.exchange for a withdraw of either 10k or BALLS will find their balance intact, and swapped, once the new chain is live. Instead of processing tickets individually for all the withdraw issues, they will be swapped automatically to the new exchange and blockchain for you. You will be able to immediately withdraw on the new network, just like everyone sending them there manually
As a side note, a representative from the MMXIV or GorillaStake dev team will be regularly auditing GorillaEx, as a neutral third party, to ensure customer funds are secure and that the exchange has remained solvent. The business interests of that site will be in the UK and Australia, while GorillaStake is run by my American company
The total supply of the merged chain will be a (100,000). The exact ratio of the swap will be unknown until deposits are closed. It's not going to be a flat rate; half the coins on the new chain are going to BALLS and half are going to 10k, regardless of the amount that are turned in. If less people swap over, each piece of the pie is worth more
EVERY SINGLE COIN ON THE NEW CHAIN WILL BE SWAPPED AT ONE TIME. THERE ARE NO EXTRA COINS AT ALL
Just starting a new thread now so people from both coins can use one central place to discuss changes to both networks. Once we get closer to swap, I'll switch this thread over from an information thread to a coin thread
I'll be trying to keep http://www.gorillastake.com/media.html up to date with the most recent information. As always, you can follow me on Twitter (@PurePoS) for the newest developments