Can I use bitcoin wallet to save MaidSafeCoin?

I’d like to make sure that you’re clear on this bit. My explanation uses language which is not technically precise, but represents the way it works in a meaningful way. I hope.

  • Your MaidSafeCoins are stored on the bitcoin blockchain as information, a signal, which software like the Omniwallet looks for and understands. Omiwallet sees this information which represents your MaidSafeCoins and tells you that you have your 1015 MaidSafeCoins.
  • To get the information which is your MaidSafeCoins onto the bitcoin blockchain in the first place, a transaction has to be made. A transaction is just a way to add information to the bitcoin blockchain. The transaction is done, on the bitcoin blockchain, and it includes special information. This special information does nothing in bitcoin wallets. In Omniwallets the special information is your MaidSafeCoins.
  • This transaction on the bitcoin blockchain (because it is a transaction) has to move a small amount of bitcoin. This is why you see 0.0000273 shown in your blockchain.info wallet. This is actually bitcoin. It is not MaidSafeCoin, and it does not represent MaidSafeCoin in any way. the blockchain.info wallet is completely blind to MaidSafeCoin.
  • If you set up a ‘watch only’ Omniwallet, it will show your 1015 MaidSafeCoins at your address, because it looks for MaidSafeCoin information on the bitcoin blockchain. Omniwallets can see bitcoins AND MaidSafeCoins AND any other Omni tokens. It looks for them all. For this reason Omniwallet will also show your 0.0000273 bitcoin, separate from your MaidSafeCoins. This is just a tiny amount which had to be transferred in the transaction which created your MaidSafeCoin information on the blockchain.

I’ve just read what I’ve typed!:open_mouth:

Good luck understanding it!

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