I bought Silkcoin 1 month ago on poloniex. As far as I understood I have to convert them into SLK to get the possibility to buy DARKSILK. This is only possible on Weaver which is not released yet?
In other words, my stacked Silkcoin on Polo are basically useless yet? If yes what can I do with them except trading?
Thanks for clarification.
Greetings Phil
You will need to convert Silkcoin to SLK yes. DarkSilk however is a seperate coin, which can be bought/sold on any market that will carry it. SLK will be of vital importance to the Silk Network, you've invested into the backbone of Silk Network's success.
Of course SLK, like any other coin, could be used as a medium of exchange.