(https://i.imgur.com/3RWgZ1P.jpg)
The first consequence of implementing blsCT in the NavCoin network will be the creation of a new coin; Nav have decided to name this coin xNAV. It will provide functionality from within their core wallet to freely swap between NAV and xNAV at a 1 to 1 rate. Users will be able to swap between NAV and xNAV at any time, and back and forth as needed. While NAV will keep being the public coin used for transparent payments, staking and voting, xNAV will make payment details hidden from external observers, unless you authorize someone to see the transaction history.
Are these 1:1's/new coins of existing coins becoming the trend now?