So how does the staking work for this coin? When will an official wallet be released? How do we mine this? Can we mine it? Is it only PoS then why do I read about PoW?
Right now I am tempted to just sell all my Shift and get out of this coin because of all the BS and hassle that has gone on over the last few weeks... but the time to buy is when people hate a coin, or when blood is in the streets.
How does the long term roadmap look for this coin? What does it bring to the table that other coins don't? OP didn't really answer alot of my questions.
Thanks for the input
Msile answered your questions already but currently we're working on an official wallet comparable
to login.lisk.io and an official block explorer which are scheduled for release asap.
You can't really mine SHIFT anymore, the pow chain will stop over the next days after we finish the
manual swap. We came from being the first alternative Ethereum fork with a 12 month long history
of developments and mining to the point when we were forced to look for an alternative due to low
hashrate and vulnerability.
We just completed the migration to a customized fork of Lisk's codebase with delegated POS as the
consensus algorithm.
The midterm roadmap will see us bring back Phantom, our flagship product which we had in alpha
state on the old chain. Our main development lies in decentralized web, closely integrated with the
benefits of an underlying blockchain.
So far with our last Alpha release you were able to create a site, register a top level domain (e.g.
myblog.shift) with a smart contract and publish the default template to our fully meshed network.
The future will see a lot more applications in this direction like decentralized social media, easy to
use web site creators, secure messaging, decentralized markets and much more. All while offering
users the security of a free and resilient way to publish any content.
I hope that answers some questions. Apologies if the first page is missing crucial info but between
taking care of our community and organising the swap there's been little time to update the info on
all channels. We're currently working on that.