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RE: Steem to fork and create a new coin named HIVE?

in #steem4 years ago

Hello, will the circulating and total supply of the new coin be the same like that of steem?

I wonder if this fork with an airdrop will be good for steem whales.

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Well considered that the steemit,inc stakes will not be included, I would venture to say that the supply and circulating supply will be less.

Maybe they will redistribute the stakes to other users during the airdrop...

It sounds like it will just be a snapshot of whatever you have in your steem account at the time of the snapshot.

That is the basic rule of a swap, but generally it is not how swap works. As a cryptocurrency developer I have gone through three coin swaps and there has always been more than just a simple 1:1 snapshot of balances.

Yea, there hasn't been any specifics released just yet, but it initially sounds like it will be an airdrop on a 1:1 basis.

Only time will tell...

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