RE: Bitshares-UNITED is the better option for the future of BITCOIN

[garthfreeman]

Interesting. I think I heard they plan on issuing Bitcoin United to every address that has bitcoin. Is that correct? If so, how is this going to be accomplished: where do I get my free BTC-U?

Comments

[nickeles]

So I believe if you go to @stan profile he explains it in depth about how they are going to basically do a
1 for 1 trade for current bitcoin so you can smoothly migrate all your current over to the new chain.

Not exactly sure on the technical aspect of it but definitely check out @stan for his posts. He has the all the details on his steemit account.

[cm-steem]

Not a trade, you keep your original coins :)

[garthfreeman]

I found it! I thought I'd read somewhere they were going to give it away.
https://steemit.com/bitcoin/@stan/bitcoin-united-btc-u-offers-3-second-confirmations-and-massive-throughput

Relevant portions:

BTC-U will be gifted one-for-one to all holders of BTC at the last unforked “classic” block when the Time of Forking inevitably arrives (we won’t fork it over until somebody else breaks the taboo – then it will happen automagically).

On the day the fork occurs, BitShares will grab a “snapshot” of the state of the Bitcoin blockchain. Shortly thereafter, BitShares will distribute matching BTC-U to every BTC owner on the BitShares blockchain. All you’ll need to do is import your bitcoin keys into the BitShares wallet and claim them!

[garthfreeman]

will do, thanks!