📌DDK Core 1.0 migration announcement for Next Phase — August 29th, 2022 (DPOS to Interoperable MultiChain)

Today, we announce the official start date for DDK CORE 1.0 migration works on 29th August 2022–30th December 2022 ( 4 months) along with instructions and information on Multi-Bridge Platform and BDDK and EDDK Wrapped token that they will live in multiple blockchains. (Interoperable)

NO INSTRUCTIONS WILL BE COMMUNICATED IN ANY OTHER CHANNEL BESIDES THIS FACEBOOK PAGE ( https://www.facebook.com/ddKoinofficial )and DDK Official Medium Blog ( https://ddkofficial.medium.com/ ) .

DO NOT FOLLOW ANY OTHER INSTRUCTIONS. WE WILL NEVER EMAIL INSTRUCTIONS OR COMMUNICATE WITH USERS IN ANOTHER CHANNEL.

Dear DDK Community,

We are pleased to announce the official start date for the migration of the DDK Core 1.0 to multiple Blockchain. The freeze date of the DDK Core 1.0 Mainnet will begin at 12:00 AM Tuesday, August 30th, 2022. In the meantime, move and store your asset in the DDK wallet where you hold the passphrase instead of being stored in the exchanger.

⚠️IMPORTANT — read this info :

✅The ticker name for BDDK/EDDK and Contract address will only be public via our Official FB page on https://www.facebook.com/ddKoinofficial on launch day

Only trust official links and official Github

✅DDK Core 1.0 Github : https://github.com/AraiEzzra?tab=repositories

✅DDK Core 2.1 Github :

https://github.com/orgs/ddkoin/repositories

https://github.com/orgs/forwardblock-io/repositories

✅CBFI Multi-Bridge DDK Wrapped Token Github :

https://github.com/users/CoinBoxFinance/projects/1

✅Github Task for Multi-Bridge : https://github.com/CoinBoxFinance/MobileWallet/issues/15

✅Github Task for BDDK : https://github.com/CoinBoxFinance/MobileWallet/issues/89

✅Github Task for EDDK : https://github.com/CoinBoxFinance/MobileWallet/issues/90

📍General Requirements

• A wrapped token will be created for the DDK coin on the ETH chain and the Binance Chain.
• The wrapped token will peg the value of the DDK coin
• The token will be listed in the decentralized exchange of the ETH chain and the Binance Chain for pairs of EDDK and BDDK.

📍Customer Modul

Decentralize Public Chain Wallet :

• The user will be able to connect any of the following wallets
• Metamask
• Binance Chain Wallet
• Pitaka.io
• Trust Wallet
• CoinBox Finance Wallet

📍Tunnels (Multi-Bridge)

• Users will be able to convert DDK Mainnet from CORE 1.0 to Binance Smart chain and Ethereum.
• Users will be able to select the token they want to convert to MINT and BURN
• EDDK
• BDDK
• Users will be able to enter the amount of DDK in the ratio of 1:1 they require to swap
• The entered number of the token should be present in the user’s wallet
• Users need to pay fees for blockchain records for burning in Mainnet 1.0 and minting in BDDK BSC or EDDK ETH.

📍Technical Overview

📍Technical Architecture

📍Ecosystem Diagram :

📍Solution Overview :

The project’s overall scope comprises developing a tunnels/bridge platform, where the users will be able to swap their tokens from the ETH chain to Binance Chain and vice versa. There will be a wrapped token created for DDK coin on the ETH chain and the Binance Chain. The wrapped token will be able to peg the value of the DDK coin.

This wrapped token can be listed and used in the decentralized exchange and DEFI apps of the ETH chain and the Binance Chain. The swapping will be possible between the EDDK and BDDK tokens. The user will be able to connect their MetaMask, TrustWallet, and CoinBox Wallet to the platform. The platform provides the functionality to migrate tokens from the Binance Smart chain to Ethereum and vice versa.

Users will be able to select the token they want to convert and its amount. Next, users will be able to select the token to which they wish to convert; once the token is selected, users will view the number of new tokens they will receive. Once the transfer function is initiated with the miner fees on the particular chain, the tokens will be converted and deposited in the user’s wallet.

📍Timeline and Goal :

Keep following our Media Social for the latest info and updates :

📘 Facebook Page: https://www.facebook.com/ddKoinofficial

🔊 Announcement Channel : https://ddkofficial.medium.com/

🤝We’d like to thank our community for a smooth and easy migration procedure. We cannot wait to develop, accomplish and share further milestones with the help of DDKOIN community holders.

The DDK Foundation Team