Finschia(FNSA) Launch of New Mainnet Finschia and LINK Migration

LINE Blockchain has completed the development of its 3^rd generation mainnet, Finschia, based on Cosmos. On the 22^nd, the new mainnet will be introduced to take the first step towards an open network.

Finschia is the first milestone of open networking to achieve the true value of Web3—anyone can easily and freely create and trade values and receive fair compensation. LTP will proceed with the safe migration of LINK (LN) from the existing mainnet Bamboo to Finschia in line with the official launch of Finschia.

Finschia will take over and record Bamboo's final Block Height.

• Finschia’s Initial Block Height = Bamboo's Final Block Height + 1
• Estimated Range of the Block Height at the point of operation suspension of the Bamboo Chain: 51,630,000 ~ 51,780,000

[LINK Migration Schedule]

• Deposit/Withdrawal and Trading Services Suspension of Exchange: Depends on the exchange policy (details notified through each exchange)
• Bamboo Operation Suspension: 12/22 14:00 (UTC+9)
• Official Release of Finschia: 12/22 16:00 (UTC+9)
• Resumption of Exchange Deposit/Withdrawal and Trading Services: After 12/22 17:00 (UTC+9)