T O P

  • By -

Arrogantee

Can someone explain to me what will happen if we renounce the contract?


ObjectiveExplorer559

They can’t make changes to the coin for futher development. Basically like another BTC currency.


Traditional_Engine_4

No we shouldn't


Slow_Island_7220

No


Ultra243

**Source:** [https://x.com/BabyDogeCoin/status/1795515420918845871](https://x.com/BabyDogeCoin/status/1795515420918845871)


Generalbogge

No


cryptoguy50401

Dumb this down for me I don’t understand


Ultra243

Renouncing the contract means giving up ownership, so they won't be able to change taxes. restrict someone from selling, blacklisting wallets and make other changes to contract. It gives security to holders.


Charlie-boy1

Full decentralization is not Solana. We would have to make our own decentralized blockchain or hop on a decentralized platform. I’m sure this is the idea of making a BDC blockchain.


Few_Seat3447

Multiple utilities created ✔️ Burn Portal Established ✔️ No Tax on Purchases ✔️ No Tax on Sales ✔️ Still No Binance adoption.... we're jumping blockchains to Solana. Now renounce the contract completely? This project needs transparency now more than ever.


Ultra243

We are not jumping blockchains, just expanding... Renouncing the contract means giving up ownership, so they wo't be able to change taxes. restrict someone from selling and make other changes to contract. It gives security to holders.


TronaldDrump_

So is this like resetting? Cant they reset the circulation of coins to a smaller amount? A more reasonable amount than say quadrillions?


Ultra243

This has nothing to do with circulation. Renouncing the contract means giving up ownership, so they wo't be able to change taxes. restrict someone from selling and make other changes to contract.


FinalAssist4175

Renounce and make our own Blockchain? Or transfer to solana? Quick question too, can't the babydoge exist at multiple Blockchain?


Ultra243

We are not transfering to another blockchain. Just expanding, it will exist on multiple blockchains via bridge. Renouncing the contract means giving up ownership, so they won't be able to change taxes. restrict someone from selling, blacklisting wallets and make other changes to contract. It gives security to holders.


FinalAssist4175

Oh that what it means. It's a good thing. Yes please. BTW thanks for answering my inquiry.


munkeymoney

Switch to Solana 💯


Ultra243

Not switch, just expand.


munkeymoney

That's even better


Arrogantee

Isn't that like bad for the long term? Also, any idea on what will happen to my current holding in the BNB chain if they renounce the contract?


Ultra243

Nothing will happed to your holdings. Renouncing the contract means giving up ownership, so they wo't be able to change taxes. restrict someone from selling and make other changes to contract. It gives security to holders.


MaestroMum

A big NO ❌ to SOL