Thank you all for your comments and questions.
@Xfans you are correct that the new address will not be able to find your previous records as it is a new address.
@FrenchXCore currently the process that is used to create the FX address and 0x address on our chain are different which results in one private key having two separate ‘accounts’ in the FX address and 0x address respectively, this can also be observed that the funds in the FX address does not appear in it’s corresponding 0x address. This update solves this by ensuring the creation of the FX address and 0x address goes through the same process. What this means for the user is, with just one mnemonic phrase/private key their FX and 0x address are connected.
@SCENE for an already existing user to convert their address, they just need to send a conversion transaction which will be provided in the f(x)wallet. New users who set up a completely new address from the wallet will not need to go through this process.
@Superbit123 Validators will required to upgrade, however the address tied to the validator will be unable to convert. The old addresses can still be used and therefore the validators node addresses tied to the fx wallet will not be affected. If another wallet keys were used to create the fx wallet, you can still do the conversion as ultimately the starting point of addresses comes from the initial keys you use. and yes, this will be beneficial for new users in the future.
We are still collating all the information, but please do continue to enquire more about this! 