Thread by @adahandle

Personalization brings a suite of new functionality to Handles not only at launch but also into the future as we continue to iterate, however, in order to enable Personalization it will require an upgrade to CIP-68.

Here's all the info you'll need.../ 🧵

CIP-68 was introduced as an answer to the shortcomings of CIP-25 whereby extending the functionality of the CIP-25 NFT Metadata Standard to something more programmable, updatable, and more flexible.

"So why do Handles need it?"

Handles need CIP-68 so that they can be updated, on the fly, without needing to make changes to the actual Handle NFT.

"How does that work?"

CIP-68 works by issuing two assets: the Handle (aka User Token) and the Reference Token (to store dynamic data). If the owner of $handle wants to update their PFP, for example, the only asset that would be updated would be the Reference Token, leaving the Handle untouched.

This is important because payment resolution of a Handle needs to remain secure while other important data is able to change.

"I understand, but what do I need to do as a Handle owner?"

Our goal is to make the upgrade as painless as possible.

We will create a CIP-68 Upgrade UI so that you will be able to connect your wallet and upgrade your Handle/s.

"Will it cost me ADA?"

Yes, there will be a fee for burning and reminting the Upgraded Handle. The fee covers the minUTxO and the transaction, and ADA Handle makes zero profit.

"Can we bulk upgrade to save on costs?"

It is possible, and we are working on coming up with a solution to this. More information will be provided on bulk upgrades as we approach the launch of Personalization.

If you have further questions, please head to our Discord and ask them in the #questions channel!