Altcoins Talks - Cryptocurrency Forum
Learning & News => Tokens/Coins Offerings (ICO, IEO, etc.) => Announcements [ANN] => Projects Updates & Press-releases => Topic started by: NadarSuresh on May 29, 2019, 03:32:41 PM
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XDC token is a fork of Quorum. It was a part of Quorum network and it will be switching from the previous consensus mechanism to its exclusive XDPoS consensus.
XDC token is a fork of Quorum. It was a part of Quorum network and it will be switching from the previous consensus mechanism to its exclusive XDPoS consensus. This means that the users need to swap token for the Mainnet before the Quorum chain is closed and all its tokens are burned.
The swap will be exclusively done on an exchange called AlphaEx.net, and the deposit window for the transition will be closed on July 1, 2019.
To swap tokens on the XinFin Mainnet, follow the below steps.
Step 1: Create a new AlphaEx account by clicking here.
In case you already have an account, the same account can be used.
(https://cdn-images-1.medium.com/max/800/0*esAb8o725DxcGs98)
Step 2: Once the account is set up, transfer the XDC tokens from XDC Web Wallet or XDC Wallet(mobile application) to the XDC address of AlphaEx wallet.
(https://cdn-images-1.medium.com/max/800/0*4Jc41DdthDo48tCL)
Step 3: Check the balance in the AlphaEx wallet to ensure that the XDC tokens are received. Following this, complete the KYC flow.
For more details to understand the flow of KYC please visit AlphaEx : alphaex.net/
(https://cdn-images-1.medium.com/max/800/0*j54lWwABf8F7EXhV)
Step 4: Create a new XinFin Web Wallet or XDC Wallet mobile application, depending on your preference.
To create a web wallet, click here: xinfin.network/#webWallet
To create a mobile app wallet, click here: play.google.com/store/apps/details?id=com.xdcwallet
Make sure to store your private key at a secure place.
(https://cdn-images-1.medium.com/max/800/0*MAgCMrK4_fY4jLT_)
Step 5: After KYC completion, you can withdraw your tokens from AlphaEx to the XinFin web wallet or XDC Wallet mobile application.
(https://cdn-images-1.medium.com/max/800/0*ndYoM_uvRucQPinL)
Live Token Swap Support
Join us at our Telegram Development Community : t.me/XinFinDevelopers
Or
Talk to our team at the Slack Public Channel: xinfin-public.slack.com/messages/CELR2M831/
We always love to hear from our community members. Feel free to drop us a line or share feedback at any of our community channels.
About XinFin:
XinFin is an open source enterprise-ready Hybrid Blockchain for Global Trade and Finance. It combines the power of Public and Private Blockchains with interoperable smart contracts and is fully EVM compatible. For more information on XinFin, please visit XinFin.org or learn more about XinFin in this video.
Follow XinFin on:
Twitter: twitter.com/xinfin_official?lang=en
LinkedIn: linkedin.com/company/xinfin/
Telegram: t.me/xinfintalk