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Redenomination of KSM in the same way as Polkadot, i.e. 1 KSM (old) = 100 New KSM

userksmhodler
5 years ago

Why don't we vote for a redenomination of KSM just as Polkadot? It would make comparing the networks a bit easier cost-/capital-wise. Since I'm a pretty tech noob, I'm not sure how to submit a referendum. Nonetheless, what are your thoughts on this? The proposal is submitted: https://kusama.polkassembly.io/proposal/37

Comments (16)

5 years ago

Not extremely opposed if that's what the majority of KSM holders would want, but out of curiosity, why would you want this? Considering the two networks are separate entities at this point, and will hopefully grow further apart as the council setup between the two diverges further, what is the benefit of being able to compare them based on the same total supply?

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tededi
5 years ago

I like this...I think 10x would be better.

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