Are MAID holders hostages of OMNI?

maidsafe

#21

I think the concerns here are overblown. Omni is a good protocol, and the bitcoin scaling dispute won’t last forever. So eventually we’ll have lower fees and the addition of off-chain transactions that will be fast and super-cheap. For myself, I would just sit tight until early September when the dust settles and we know where we stand. As for keeping MAID on an exchange (as one person suggested), that’s a bad idea. Remember the adage, “If it’s their keys, it’s their coin.” People have been seriously burned by keeping their coins / tokens long-term on exchanges. Yet people still do it, thinking, “It won’t happen to me.” Get your MAID over to Omni and don’t sweat it.


#22

Thank you for your answers :slight_smile:


#23

Bitcoin fork in 1 august is this fork any affect our maidsafe coin? Is there any chance to lost Maidsafe Coin ? My all maidsafe coin in omni wallet with my private key bitcoin address ?


#24

You can’t lose your MAID as a result of the fork if you don’t transfer them following any fork until it’s clear the Omni protocol has a clear course and transferring doesn’t carry any risk.

The Omni developers will be the ones who can provide the best information, but reading through this thread will help as well.


#25

Does it make sense to hold the coins in exchange temporarily ?


#26

On one hand, you’ll have less control if they’re on an exchange, on the other, they’ll have experts figuring out how to use the Omni protocol safely after any forks / disruptions.

You’ll be completely safe if you just keep them in an adress you have the private key for until things settle.