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RE: Calibrae - A Steem fork / my take on the situation
I need layman's terms here! What happens to my Steemit account if I opt into the Calibrae? Can I still withdraw Steem/SBD from my current Steemit account. Can I blog in both places with the same username. I am interested and I think @elfspice is quite brilliant, but I'm not really sure what is going on.
According to elfspice, if you opt in, you will simply have an account in calibrae with the same assets as you hold in steemit. You will simply have both a steem account and a calibrae account. They are two distinct blockchains. Nothing will or can be changed with your steem account.
Doesn't that mean that your assets double?
Assuming there is no alteration to the total amount of Calibrae when compared to the total amount of Steemit, then in effect, yes. That does not mean they will have an equal value. Also, if the premine is excluded and burned, it is possible that you may end up with a larger percentage stake of the whole than you had. I don't think any of that has been finalised yet.
Okay thanks! I'm very interested. I will leave my name in the comments. I appreciate your help.
You'll want to change your password and keys on both sites.