⭕Coin-type Migration from 750 to 118
Last updated
Last updated
Currently both 118 & 750 coin-type addresses are supported by the Persistence Core-1 chain and will work as normal. Coin-type migration deadline from 750 to 118 has been extended by 6 months from 31st Dec, 2024 (earlier) to 30th June, 2025 (new). Refer to the announcement here.
When Persistence Core-1 chain launched, in March 2021, the interchain ecosystem was still in a very nascent stage. There were not enough data points to determine whether it would be ideal to choose the same coin-type as Cosmos i.e. 118. Hence, following the sovereign application-specific chain model, we adopted 750 coin-type.
After the introduction of IBC, the Cosmos ecosystem exploded, and we saw thousands of transactions executing across multiple IBC channels. IBC presented a whole new dimension of technological possibilities, but one aspect was vastly missed – user experience.
Therefore migration was planned during Persistence Core-1 chain upgrade v3. You can deep dive in the full migration context from blog attached below:
The goal of coin-type migration is to facilitate the best user experience for the Persistence ecosystem community members. As the project matures, we strive to deliver user-centric products, and it requires constantly evolving.
We will be able to achieve our goals only with the constant feedback, support, and efforts of our community, validators, and partner projects. Every step towards a better user experience pushes us closer to becoming the liquid staking hub for the PoS ecosystem.
| Wallets | 118 coin-type Supported? | 750 coin-type Supported? |
|---|---|---|
Persistence Wallet
Yes
Yes
Keplr Wallet
Yes
Yes
Cosmostation Wallet
No
Yes
Coin98 Super Wallet
No
Yes
Math Wallet
No
Yes
Leap Wallet
Yes
Yes
Citadel Wallet
No
Yes
Ledger Hardware Wallet
Yes
Yes
