NEWTON
Asked
7 months ago
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Hello, Starknet will do Final State Reset around Q4 2022. It means users need to create new wallet address & migrate asset to new wallet. Old wallet address will be no longer usable after final state reset. Is this correct?
This question was originally posted on StarkNet Discord
Newton
asked
7 months ago
0
Accepted answer
Sir, for the regenesis pls read this article: https://medium.com/starkware/regenesis-starknets-no-sweat-state-reset-e296b12b80ae which mentions:
The impact should not be dramatic, and we’re working to keep it minimal. Nevertheless, some action will be necessary: For ERC-20 type assets, we will offer interoperability solutions that make the process seamless from the user’s point of view. For more complicated assets such as NFTs and the like, we are aiming to offer building blocks that applications can use to provide seamless migration for their users. E.g., we will provide a tool that allows proving on the new StarkNet that an event was emitted in the old StarkNet. This will allow burning NFTs with metadata in the old StarkNet that can allow minting them to a specific address in the new StarkNet.
As for the details, we will know later when more news is released, so stay tuned to <#994965940187959386> channel. thank you
This answer was originally posted on StarkNet Discord
Newton
answered
7 months ago
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