Admin, I have a question: What is the main barriers to the broad implementation and application of blockchain technologies?
The main barriers to the broad implementation and application of blockchain technologies is the use of established and highly inefficient mining protocols relying on cumbersome and power-intensive equipment. |
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Hello. Admin, I have a question. What is "atomic swaps"?
Good day! Atomic swaps are a method that provides the ability to quickly exchange cryptocurrencies working on different blockchains. This process, also known as atomic cross-chain trading, is based on smart contracts and allows users to trade coins directly from their wallets. |
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So sad that you needed to do this, but hope it's worth it!   Sure, we're working hard to make this fork one of the best ones! Just believe in it and stay patient  |
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Hello, why have you postponed the launch?  We are waiting for it so much! This decision was made following the ongoing final testings and evaluation of the BTCU project. We apologize for any inconvenience this change of events may have caused. And greatly appreciate the unwavering support. what will be the main kinds of transactions on the platform?? The main kinds of transactions will be: “Send BTCU” “Staking deposit BTCU” “Staking withdrawal BTCU” “Leasing deposit BTCU” “Leasing withdrawal BTCU”. |
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Hello, why have you postponed the launch? We are waiting for it so much! This decision was made following the ongoing final testings and evaluation of the BTCU project. We apologize for any inconvenience this change of events may have caused. And greatly appreciate the unwavering support. |
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Could someone tell me if the fork date was changed? For How long? Please, could you clarify?
📢 ATTENTION❗️ ⏰ The BTCU community and the public are hereby advised there has been a change of plans for the BTC Ultimatum (BTCU) fork that was set to take place on 12th December 2020. The fork has now been scheduled to Thursday, 21st January 2021. 🚀 This decision was made following the ongoing final testings and evaluation of the BTCU project. 🙏 We apologize for any inconvenience this change of events may have caused. And greatly appreciate the unwavering support. Thank you for your patience and understanding❗️ #btcu #fork #cryptocurrency |
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So, how can we solve the problem? Answer BTCU is simple - Zerocoin protocol.
Technology allows direct anonymous payments between parties. Private transactions
exist alongside the non-anonymous. Each user can convert non-anonymous BTCU into
anonymous coins, which we call zBtcu. Users can then send it to other users, and split
or merge zerocoins they own in any way that preserves the total value. Users can also
convert private coins back into BTCU, though in principle this is not necessary: all
transactions can be made in terms of privacy.
Dear admin please tell me how we will be able to become masternodes within BTCU network??? To become a Masternode, you must fulfill the following conditions: -Make staking in the amount of 100 BTCU or more. After that, upon reaching 30 confirmation from the moment of staking, the node goes into the Masternode status. |
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So, how can we solve the problem? Answer BTCU is simple - Zerocoin protocol.
Technology allows direct anonymous payments between parties. Private transactions
exist alongside the non-anonymous. Each user can convert non-anonymous BTCU into
anonymous coins, which we call zBtcu. Users can then send it to other users, and split
or merge zerocoins they own in any way that preserves the total value. Users can also
convert private coins back into BTCU, though in principle this is not necessary: all
transactions can be made in terms of privacy.
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Atomic swaps are a method that provides the ability to quickly exchange cryptocurrencies working on different blockchains. In the future, the development team plans to implement the possibility of integrating atomic swaps into the BTC Ultimate blockchain to enable the implementation of smart contracts not only on the BTCU blockchain network, but also with other popular blockchains.
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Can someone explain me what architecture of Bitcoin Ultimatum is based on?
Dear user, the architecture of Bitcoin Ultimatum is based on combining the best directions of blockchain technologies and achieving their optimal symbiosis. Leasing, smart contracts, private transactions and other leading blockchain solutions integrated together into a decentralized consensus UPoS algorithm form a stable and wide network for the entire blockchain community. |
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Do you have any partner platforms? Or maybe you are still looking for some?  All of our partners are mentioned on our website. Now we're having a collaboration with the Coinsbit crypto exchange, Prof IT Blockchain Technologies company and PRMR agency. Follow our social networks to get the latest updates. What's about our anonymity using BTCU? Is it safe? Yes, it is safe. To keep BTCU users anonymous when making transactions, the development team added the ability to conduct private transfers within the network. Admin, what is the coin sales principle of BTCU? When the fork is launched, an airdrop will be conducted to all users of the Bitcoin network to wallets identical in the BTCU network in the ratio of 1:1 to the BTC balance on the branch block. After branching, all users will be able to find in the BTCU network the same amount of BTCU coins as in the BTC network at the time of branching. And most importantly, to use them you only need to log in your own address in the BTCU network. |
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Do you have any partner platforms? Or maybe you are still looking for some? All of our partners are mentioned on our website. Now we're having a collaboration with the Coinsbit crypto exchange, Prof IT Blockchain Technologies company and PRMR agency. Follow our social networks to get the latest updates. What's about our anonymity using BTCU? Is it safe? Yes, it is safe. To keep BTCU users anonymous when making transactions, the development team added the ability to conduct private transfers within the network. |
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Do you have any partner platforms? Or maybe you are still looking for some? All of our partners are mentioned on our website. Now we're having a collaboration with the Coinsbit crypto exchange, Prof IT Blockchain Technologies company and PRMR agency. Follow our social networks to get the latest updates. |
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BTCU will develop smart contract ???s?
The BTCU team sets itself the task of developing the direction of smart contracts and implementing atomic swap technology natively to the blockchain protocol to allow carry out transactions not only within the framework of a single blockchain protocol, but also interacting with other protocols, which will globally expand the possibilities of this technology. To make secure transactions, the BTC Ultimatum blockchain will use smart contracts that will save users from having to look for intermediaries or other ways to protect themselves from scammers. |
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Dear user, please note that in order to participate in the fork, you need to have BTC and hold it. If you don't have BTC, there is also an airdrop, you can take part in and earn rewards. Dear administrator, please guide me on who are the regulators, distributors and validators in the network of BTCU? They are authoritative advisers, blockchain companies, and crypto exchanges, which will gain control over the master nodes. This decision was made to unload the network, and to avoid classic, extremely energy-intensive mining. That is why the BTCU blockchain will be based on the LPoS mining algorithm combined with PoA, where LPoS will be used for mining by users, and PoA for transaction validation. |
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Hello. I’d like to know what is the main advantage of using LPoS mining algorithm? How does it work?
Dear user, the main advantages of LPoS are a democratic form of control, scalability, and relatively low energy costs for network maintenance. The LPoS algorithm creates a voting system that directly depends on the reputation of the validators. If the selected node doesn’t work correctly or work inefficiently, it will be quickly deleted and replaced by another. |
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I am not aware of any plans for open beta testing. If I have news for you, I will definitely let you know.
Just ask devs, simple. OK. I will refer your question to our technicians. |
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And you too? How nice to see so many interested people. I will definitely tell our technicians that we have several volunteers in our forum threads who are ready to help with testing.
Any news? Thousands of beta testers want binaries to test! We can provide you with Ubuntu 18.04 LTS. If you're looking for any other options for other platforms, then please let us know. |
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Unfortunately you didn't provide any binaries for testing. Therefore the question: Who has tested it? What was the result of the tests? Where is the blockchain explorer where the transactions can be verified?
Are you a beta tester of our BTCU network? Or would you like to take part in beta testing? It's always nice to see such inspired people ready to help in the development of the project. |
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IMPORTANT ANNOUNCEMENTWe would like to inform the BTCU community and general public that the BTC Ultimatum (BTCU) fork which was scheduled for 27th of October 2020 has been postponed to 12th December,2020. The decision was made to give our developers ample time to deliver on the ultimate Bitcoin fork the cryptocurrency community has been anticipating. We understand this change in events may cause great inconvenience for all parties concern, and for that, we sincerely apologize. The BTC Ultimatum (BTCU) project is still in the final phase and this period will be utilized to get everything underway for the 12th December launch. Additionally, we would like to thank the BTCU community and the public for their enthusiastic and strong support for the BTC Ultimatum (BTCU) project. Stay safe, and we will be in touch with more information soon. 
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