No. The ShadowCash project is now complete. Particl is a new project. The same project team from Shadowcash is working on Particl.
But, what was the ShadowCash project? It's described here:
https://umbra.shadowproject.io It included Umbra, chat, Tor-backed connectivity, encrypted messaging, etc., all built around ShadowCash. Here's a sample from the project description: "UMBRA uses ShadowCash as its underlying currency. It goes beyond other digital currencies to make transactions invisible to the public eye, but still nearly seamless for users, who can conduct their business privately anywhere in the world."
Isn't this just taking the platform that was "ShadowCash/Umbra" and recycling it for Particl?
What platform will be left for ShadowCash token holders who don't want to swap?
I ask why not swap? Sdc gonna keep going down no? Either lose money or swap?
I think there is no reason you wouldn't swap. But, I will be curious what the Particl Dev team does with the SDC tokens they receive in the swap.
For example, the current swap appears to have allocated sufficient space for all SDC holders to swap for PART if they want to. But, some will inevitably fail to do so. Others just may not want to. What happens to them when the swap is over?
Also, if the Particl Dev team sells the SDC they receive as part of the swap, there will still be 6 million+ SDC tokens out there circulating. But, for the new owners of SDC who buy from the Particl Dev team, it would appear that there will be no Umbra, no messaging, no support, no platform, etc. Essentially, they're left holding the bag.
The SDC Dev team apparently developed tools like Umbra, secure messaging, etc. for ShadowCash, then took those ShadowCash tools and used them to regain SDC and some additional BTC that they could sell. This all may be perfectly legit if they just burned the SDC they receive as part of the swap rather than trying to sell it to others. Perhaps that's their plan?
What happens in 2 years if funding runs dry for PART? It's just unclear why a dev team is entitled to take tools explicitly advertised for one platform and use them for another. If they can do that now, why can't they just repeat the process in 2 years?