I want to store my LINK through ledger/MEW, I know how but my question is if I come back in 2020 will my LINK tokens still be valid? Most coins like EOS/ICX etc. you have a timeframe where you must switch to mainnet tokens and the erc20(677 whatever link is) gets burned, is this the case with LINK?
Storing LINK
Jonathan Peterson
Isaac Perry
Just like the crypto world, the ChainLink fud gets created and moves at an interstellar speed
Robert Martinez
Yes the burn will happen when the main net launches. Each token will be replaced with a protocol token that’s scans your ether address and switches the coins
Michael Morgan
I spoke to Sergey after the Bitcoin SuperConference and he expressed pretty clearly that he doesn't want anyone holding the token who isn't a node operator so he's planning to email out conversion instructions to the people who signed up at smartcontract.com. The idea is for the instructions to only be valid for a short period of time. LINKs will be converted to the proper chainlink token that will be used by the network. Any remaining LINKs afterward will be burned. He told me that this is the rough idea but it's why he said "for now" the LINK token will be used to pay node operators. It's because he really only wants node operators to have link.
Evan Morris
hey if ur the same guy from the other thread asking this question msg me, ive gone through this storing stuff b4
danielsabster@gmail com
Matthew Torres
nice subtle fud...it won't work
Nolan Martin
>only node operators have link
>nobody can pay them for oracle services
come on bro, at least make your fud believable
Luis Price
sometimes the switch doesn't happen though. You didn't update MEW or your ledger and the scan skips over you. Then you lose everything
Stick to bitcoin and XRP, OP
Owen Green
>stick to bitcoin and XRP
Both are centralized shitcoins one a little more centralized and little faster
Ethan Brooks
>sabster
Sounds.... familiar somehow....