Hi George/Maxine,
Just wanted to ask if there was any update you could give on the progress of migrating from the Bitcoin blockchain to Bitshares? Or is this something that will start more toward the end of the year?
Thanks
Hi George/Maxine,
Just wanted to ask if there was any update you could give on the progress of migrating from the Bitcoin blockchain to Bitshares? Or is this something that will start more toward the end of the year?
Thanks
Work is underway on migration but it will be a 12 month process, liquidity is not there right now on the DEX so its a gradual process of bringing more and more transactions onto Bitshares. Gradually increasing the amount of reserves held in bitshares pegged cryptos that can be convertible to BTC or another crypto at a moments notice to ensure we can keep instant settlement for our customers and no risk of exchange rate shenanigans.