http://en.zaoniao.it/index.php?action=history&feed=atom&title=Coin_Swap 2026-05-15T08:04:54Z Revision history for this page on the wiki MediaWiki 1.32.0 http://en.zaoniao.it/index.php?title=Coin_Swap&diff=4058&oldid=prev 2019-05-02T04:29:45Z

<p>Created page with &quot;{{#seo: |title=Coin Swap – Crypto – zaoniaoWiki |keywords=coin swap, what is coin swap, how to make coin swap, token swap, site, bitcoin |description=Coin Swap is the mech...&quot;</p> <p><b>New page</b></p><div>{{#seo:<br /> |title=Coin Swap – Crypto – zaoniaoWiki<br /> |keywords=coin swap, what is coin swap, how to make coin swap, token swap, site, bitcoin<br /> |description=Coin Swap is the mechanism employed to move cryptocurrency from one blockchain to another. As the coins on the initial blockchain may be incompatible with the new one, it becomes necessary to initiate a crypto swap. <br /> }}<br /> &lt;amp/&gt;<br /> [[File:Exchange-coin-system.jpg|250px|right|Coin Swap mechanism]]<br /> '''Coin Swap''' is the mechanism employed to move [[cryptocurrencies]] from one blockchain to another at a pre-determined rate. As the coins on the initial [[blockchain]] may be incompatible with the new one, it becomes necessary to initiate a swap to carry users from the old blockchain to the new one. <br /> <br /> == The Coin Swap Mechanism == <br /> A '''Coin Swap''' is used by developers when they want to carry users from one [[blockchain]] to another. This is usually done when projects want to start working or port their token to a new blockchain. When a swap is initiated by a user, the swapped [[Coin|coins]] from the initial blockchain are burned (forever put out of circulation) in exchange for coins from the new blockchain at a pre-determined rate. Once a coin has been swapped and burned, it cannot be redeemed back by the user; swapping coins is a permanent process. <br /> <br /> === Variable Swap Rate ===<br /> Developers are free to decide on whatever swap rate they want to apply to the '''coin swap'''. For example, a 1:1 ratio means that a user would receive the same amount of coins he swapped. However, there are many reasons why developers would want to set a different ratio, such as a change in the total supply, a change in the [[inflation]] rate, and etc. <br /> <br /> === Coin Swapping As A Funding Mechanism ===<br /> Projects who want to start working or port their token to a new blockchain can also use this opportunity as a funding mechanism. One typical way to do that is to inflate the coin/token supply of the new blockchain and set a portion of it to be given to swappers who include a Bitcoin (or any prefered [[cryptocurrency]]) contribution into their swap. For example, a project could offer a 1:1 '''coin swap''' to its users and also offer the possibility for people to add a set percentage of the total value of their coins in Bitcoin. In exchange for for the contribution, the user receives a bonus in coins from the new blockchain. The Bitcoin contribution is what constitutes the funding the team gets from the swapping process.<br /> <br /> ==External links==<br /> * [https://twitter.com/coinswapnet Coinswap.net]<br /> * [https://coinmarketcap.com/ru/exchanges/coin-swap/ CoinMarketCap]<br /> * [https://medium.com/nebulasio/announcement-on-nas-mainnet-coin-swap-starts-in-exchanges-d23c7b499d3e Medium - Announcement on NAS mainnet coin swap starts in exchanges]<br /> <br /> ==See also==<br /> * [[Bitmixer.io]]<br /> * [[Mixing service]]<br /> * [[Cloud mining]]<br /> * [[Bitcoin wallet]]<br /> * [[Mining farm]]<br /> <br /> [[de:Münzwechsel]]<br /> [[Category:Technology]]<br /> [[Category:Blockchain]]</div>

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