ERC-20 Transition

I’m considering such a transition, I agree its just a matter of time until Bittrex will also delist PDC. We could really use a decentralised exchange and ERC20 would enable that. The eventual swap to SAFE would be honored for both protocols so no one would be left behind.

We’d need a website that would ask the user for three things:

  • Current BTC address holding their OMNI-PDC
  • Target ETH address for the ERC20-PDC
  • A signature that has signed the above ETH address using the BTC address.

After those three check out it would show the burn address for the OMNI-PDC. The signature can be generated with either omniwallet or omnicore, instructions would be provided.

This would cost quite some time though, as I wouldn’t want to fully automate the distribution of the ERC-20 tokens for security reasons. And no matter how good you explain, this process is complicated enough for some people to muck up, who’d then need support. So I’m not 100% sure yet.

Suggestions are welcome!

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