How can we help? 👋

How do I know which version of Kin I have?

This article provides background information to Kin’s migration history and the reason users should migrate.

Background to the Kin migration

In the five years Kin has been live, it has been used by millions of consumers within dozens of independent apps. The developers building Kin’s ecosystem have understood from the early days for crypto to break into the mainstream, millions of people need to be able to transact near instantly and be supported by a blockchain that can scale to support millions of users.

Kin was first launched on Ethereum but quickly capped out at thousands of consumers, with long transaction times and high transaction fees. In Q1 2018, the project began working with the Stellar protocol as a potential alternative to Ethereum. After working through a number of iterations with the Stellar testnet, a custom fork of Stellar was proposed that was ultimately adopted by the Kin Ecosystem. The fork of Stellar enabled Kin to reach millions of consumers, but the technology still had limitations. Stellar has five second block times, so irrespective of network load, a user could be seeing five second latency on their transactions - not what would be deemed a great user experience. Kin was already growing at a pace that made exceeding the bandwidth of Stellar a possibility. In mid 2020, Solana had emerged as a new blockchain which showed promising increased performance and low fees and transaction times and by the end of that year, a proposal to migrate the ecosystem to Solana has been approved by the Kin ecosystem. Kin today remains on the Solana Blockchain and exists as a “SPL Token”.

Why should a Kin holder migrate?

Previous versions of Kin are no longer supported within the ecosystem. These earlier versions cannot be earnt or spent within apps, and they have very limited support by third parties. If you hold earlier versions of Kin you should swap them to the newest version of Kin while there is a method available to do so. The ability to swap tokens are provided by ecosystem partners (not the Kin Foundation) and as a result these methods are time limited and may not always be available.

How do I know which version of Kin I have?

Migration History It might also be helpful to look at when you acquired Kin by reference to the following table:

Timeframe
Kin known as
Blockchain
Sep 2017 to Mar 2019
Kin 1
Ethereum Blockchain
Mar 2019 to Dec 2020
Kin 2 / Kin 3
Stellar Blockchain
Dec 2020 to Present
Kin 4 or Kin SPL
Solana Blockchain
  • KIN1 on Ethereum (ERC20);
  • KIN2 on Stellar (this version has never been used by the public only by certain apps);
  • KIN3 on forked Stellar; and
  • KIN4 on Solana (SPL, current version).

Wallet address

Look at your KIN address to see which version you hold:

  • KIN1, the ERC20 KIN address always starts with 0x
  • KIN3 the forked Stellar address always starts with a G and the whole address is in Capital letters and numbers
  • KIN4, the Solana SPL address starts with different characters, has both capital and lowercase letters and numbers.
 
 

Kin is the dynamic human ecosystem on the blockchain—and you are a part of it 👋 . Thank you for being a part of building our community, let's work together to bring more friends into the world of Kin. Learn more about the Kin Community.

 
 
 
 
Did this answer your question?
😞
😐
🤩