Swap and Shield Wal...
 

Swap and Shield Wallet?  

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korben3
(@korben3)
Active Member
XQR:0
Joined: 6 months ago
Posts: 14
June 2, 2019 12:53 am  

Hi,

 

When checking http://qredit.world-domination.org/

I was wondering what the Swap and Shield wallets are, anyone?


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alberdioni8406
(@alberdioni8406)
Estimable Member
XQR:58
Joined: 7 months ago
Posts: 205
June 2, 2019 4:14 pm  

Hello @korben3 and wellcome to DPoS Community. Qredit (XQR) was a swap from NTP1 to his own native Blockchain.QRT was a 7 Million Tokens and that was a swap from 1:100 to the new qredit XQR coin that increased for 700 Million coins and for the old holders of the QRT they was given an option to swap to the new coin or get a refund about 8-10 cents for each QRT ,the Swap Wallet is from the One who swap the QRT to XQR coin considering the ratio 1:100 and the Shield Wallet is the Wallet to Protect the Qredit Blockchain environment...i hope my Explanation Helped but let's see more answers😉

https://about.me/albertosilvestre


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arktoshi
(@arktoshi)
Eminent Member
XQR:8
Joined: 7 months ago
Posts: 33
June 2, 2019 4:27 pm  
Posted by: alberdioni8406

Hello @korben3 and wellcome to DPoS Community. Qredit (XQR) was a swap from NTP1 to his own native Blockchain.QRT was a 7 Million Tokens and that was a swap from 1:100 to the new qredit XQR coin that increased for 700 Million coins and for the old holders of the QRT they was given an option to swap to the new coin or get a refund about 8-10 cents for each QRT ,the Swap Wallet is from the One who swap the QRT to XQR coin considering the ratio 1:100 and the Shield Wallet is the Wallet to Protect the Qredit Blockchain environment...i hope my Explanation Helped but let's see more answers😉

I believe this is a great answer 🙂 

Delegate arktoshi |99,99% Uptime | True Block Weight | 4 Qredit Nodes and counting..


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korben3
(@korben3)
Active Member
XQR:0
Joined: 6 months ago
Posts: 14
June 2, 2019 10:51 pm  

Thanks for the answer! It does provide some insight.

Seems there's still a lot left which isn't swapped to the new coin XQR. I wonder what it will be used for, or if it will be 'burned'. How will the Shield wallet protect Qredit? Will it be used for development?


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alberdioni8406
(@alberdioni8406)
Estimable Member
XQR:58
Joined: 7 months ago
Posts: 205
June 2, 2019 11:53 pm  

In fact if you see the numbers in the swap wallet there are almost 35 million if i am not wrong (corresponding 350k Old QRT Tokens swap in a ratio of 1:100) that is the number of old QRT Holders that choosed to swap to new XQR coin.

If you pay attention the Total supply of XQR that Wallet (swap Wallet) count, means that the ones who did not swap get refunded.All those wallets (swap Wallet,shield wallet,altilly wallet,and so on...) Complete the total supply of the Qredit coin (715 Million). 😉 

https://about.me/albertosilvestre


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Adexmakai
(@adexmakai)
Eminent Member
XQR:0
Joined: 6 months ago
Posts: 35
June 15, 2019 6:11 pm  

This is interesting, I have so many things to learn concerning this coin. I didn't know it's a swap coin.

Makai


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Adexmakai
(@adexmakai)
Eminent Member
XQR:0
Joined: 6 months ago
Posts: 35
June 16, 2019 12:56 pm  
Posted by: korben3

Hi,

 

When checking http://qredit.world-domination.org/

I was wondering what the Swap and Shield wallets are, anyone?

I think @alberdioni8406 has explained this in depth, check his post.

Makai


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