Announcement of the China BTS Association on the cross-chain swap of NEWBS and NBS
Dear NBS & BTS community and investors:
After intensive preparation and testing, the cross-chain automatic gateway between BTS internal disk and NBS internal disk has been launched, which can realize automatic response to cross-chain requests in a short time. We started cross-chain testing at 12:00 on September 19, 2020, and the entire testing process went very smoothly!
Considering that the amount of cross-chain requests is too large at present, if the automatic gateway stores too many assets, there are certain security risks. In order to alleviate the problem of excessive cross-chain demand in the early stage, and at the same time to ensure asset security in the cross-chain process, the processing of cross-chain requests is required. We adopted the following two methods:
Large-amount multi-signature manual processing : users with a cross-chain transfer amount of 500,000 and above , please select this method.
Automatic processing by the small-value gateway : For users with a cross-chain transfer amount of 200,000 and below , please select this method.
Note: If your NBS asset quota is between 200,000 and 500,000 users, please use the small amount gateway automatic processing method to submit them in batches.
Users in the NBS community are requested to choose the cross-chain method that matches the quota according to their cross-chain quota requirements. The operation steps of the two cross-chain methods are different, please pay attention! ! !
Operation steps of manual processing for large multi-signature:
1. To apply for cross-chain exchange of NEWBS for NBS BTS account, please transfer NEWBS (integer multiples of 100,000) from the account to the cn-vote account, and note the name of the NBS account used to receive NBS tokens, the remark format example: mynbs
2. The guild multi-signature will use the airdrop account to check and process cross-chain requests one by one from 22:00 to 24:00 every day, and transfer them one by one;
3. After the large cross-chain requirements are basically processed, all cross-chain operations will be transferred to the normal operation of the automatic gateway in the future.
Operation steps of automatic processing method of small value gateway:
1. To apply for a cross-chain BTS account that uses NEWBS to exchange for NBS, please transfer NEWBS from this account to the nbs -bridge account, and note the name of the NBS account used to receive NBS tokens. Example of the remark format: mynbs
2. Automatic processing by the automatic gateway, which can be completed in about 3-5 minutes, please check the NBS account for confirmation.
Finally, in order to facilitate the user to successfully complete the redemption, please refer to the attachment " How to convert points cnvote into NBS " for operation.
Attachment address: http://www.btsnbs.com/2020/09/642.html