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<h2>Frequently Asked Questions</h2> | <h2>Frequently Asked Questions</h2> | ||||
<p><b>Question:</b> Do I need to perform a token swap? | <p><b>Question:</b> Do I need to perform a token swap? | ||||
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<b>Answer:</b> No. The rebranding from BCHA to eCash (XEC) is not a token swap. There are no changes to the blockchain. The rebrand simply changes how things are displayed to users in wallets and exchanges.</p> | <b>Answer:</b> No. The rebranding from BCHA to eCash (XEC) is not a token swap. There are no changes to the blockchain. The rebrand simply changes how things are displayed to users in wallets and exchanges.</p> | ||||
<p><b>Question:</b> What will happen to the BCHA token? | <p><b>Question:</b> What will happen to the BCHA token? | ||||
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<b>Answer:</b> Nothing changes on the blockchain. Under the hood, "eCash" (XEC) is the same thing as "BCHA". The way it is displayed to users simply changes. So nothing happens to BCHA token, it just changes name to eCash/XEC, and changes the default base unit so that 1,000,000 XEC = 1 BCHA.</p> | <b>Answer:</b> Nothing changes on the blockchain. Under the hood, "eCash" (XEC) is the same thing as "BCHA". The way it is displayed to users simply changes. So nothing happens to BCHA token, it just changes name to eCash/XEC, and changes the default base unit so that 1,000,000 XEC = 1 BCHA.</p> | ||||
<p><b>Question:</b> What will happen if I send BCHA to an eCash wallet ? | |||||
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<b>Answer:</b> If you send 1 BCHA to an eCash wallet, you will be credited 1,000,000 XEC. The conversion happens in the wallet, there is no change in the transaction format on the blockchain. Similarly, sending 1,000,000 XEC to a BCHA wallet will credit 1 BCHA on the receiving end.</p> | |||||
<p><b>Question:</b> Will there be a separate chain? | <p><b>Question:</b> Will there be a separate chain? | ||||
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<b>Answer:</b> No, there is no separate chain. It is the same blockchain as before the rebrand. Just the way it is displayed to users changes.</p> | <b>Answer:</b> No, there is no separate chain. It is the same blockchain as before the rebrand. Just the way it is displayed to users changes.</p> | ||||
<p><b>Question:</b> As a BCHA holder, what do I need to do for this rebranding? | <p><b>Question:</b> As a BCHA holder, what do I need to do for this rebranding? | ||||
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<b>Answer:</b> BCHA holders don't need to do anything. Even if you do nothing, the rebrand will take place automatically. When you upgrade to a new wallet after the rebrand, the display will change automatically to show your holdings as eCash instead of BCHA. If you don't upgrade your wallets, everything will continue to work as it did before. It is recommended to upgrade, as we expect most wallets and exchanges to use eCash/XEC, so it will be less confusing if you upgrade to a wallet that displays as eCash/XEC.</p> | <b>Answer:</b> BCHA holders don't need to do anything. Even if you do nothing, the rebrand will take place automatically. When you upgrade to a new wallet after the rebrand, the display will change automatically to show your holdings as eCash instead of BCHA. If you don't upgrade your wallets, everything will continue to work as it did before. It is recommended to upgrade, as we expect most wallets and exchanges to use eCash/XEC, so it will be less confusing if you upgrade to a wallet that displays as eCash/XEC.</p> | ||||
<p>For more information see <a href="https://e.cash">e.cash</a>.</p> | <p>For more information see <a href="https://e.cash">e.cash</a>.</p> | ||||
<p>For direct support, please contact us at: <a href="mailto:support@bitcoinabc.org">support@bitcoinabc.org</a>.</p> | <p>For direct support, please contact us at: <a href="mailto:support@bitcoinabc.org">support@bitcoinabc.org</a>.</p> | ||||
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