[ANN][Main] Bitcore- BTX - 1:1 Backed BSC Bridge BTX <->SBTX

[Limx Dev]

I still don't see my airdrop.
I had over 1000 btx on my address and I only moved it after the dev here said the snapshot was taken

The coins are now payed on the new address.
Example https://chainz.cryptoid.info/btx/address.dws?17iWmV1WhmYhpHc2PPqs36wBxK1DCiRfiP.htm

Jon had problems with the parser and have made a new snapshot. We do apologize for any inconvenience caused.

Kind Regards Christian

OSX Wallet and new Android version for wallet 0.14.1.16 online. The next update is version 0.15.

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[Kryptowerk]

Thanks, Airdrop arrived. Good work.
Interesting to see if BTX will work as a hedge coin vs BTC in the long term or if it will develop some life of it's own. Probably both.
Currently BTC is down and BTC is up a little.

[gigabyted]

Can someone from the team help cryptopia to update the wallet, its been in maintenance since almost 2 days now.  Ive bougth some coins and i cant move it to my wallet...

They say they wait for a protocol update thats why its disabled...

Thanks

[Kwelstr]

I think they did the snapshot again, because I received the airdrop on an address which didn't have a balance till this morning.

Why do you move them so fast anyway?

Well that sucks big time. When you say something you must mean it.
Now I missed the airdrop and my coins are stuck waiting to get credited on cryptopia for more than a day

Why do you move them so fast anyway?

To take advantage of the swings in price, I keep them on cryptopia all week and only move them in the wallet for the airdrop, if I happen to hold at the time.
Anyway I was lucky in the end. Because of the cryptopia maintenance, the coins were not moved from my deposit address.
I just checked and the airdrop was received there

So Cryptopia credited you the airdrop? That's great, someone is complaining on Slack that he couldn't move his coins out and is out of the airdrop.

[BeggarInCryptos]

I think they did the snapshot again, because I received the airdrop on an address which didn't have a balance till this morning.

Well that sucks big time. When you say something you must mean it.
Now I missed the airdrop and my coins are stuck waiting to get credited on cryptopia for more than a day

Yes, this is something the dev should really avoid to do. To say one thing (snaphop has been taken) and then to do something that renders his claim false. The world of crypto is a very wild environment of anonymous or semi-anonymous entities and to lose the trust of a community is just a moment. One mistake is sufficient to lose credibility. If you say something and then it turns out it is false or wrong, people won't believe you the next time you say something. So please, dev, never again tell your community something like "snaphot has been done" and then do another snaphot later. Or, if you absolutely have to change your plans, at least inform your community.

[bspus]

So Cryptopia credited you the airdrop? That's great, someone is complaining on Slack that he couldn't move his coins out and is out of the airdrop.

They didn't credit it yet, its still on maintenance. Normally all funds are automatically moved from deposit wallets to other big wallet addresses.
But because of maintenance my deposit has not moved yet, so at airdrop time, it got the payment. I checked it on the block explorer.

So both transactions should be credited

[gigabyted]

I think they did the snapshot again, because I received the airdrop on an address which didn't have a balance till this morning.

Why do you move them so fast anyway?

Well that sucks big time. When you say something you must mean it.
Now I missed the airdrop and my coins are stuck waiting to get credited on cryptopia for more than a day

Why do you move them so fast anyway?

To take advantage of the swings in price, I keep them on cryptopia all week and only move them in the wallet for the airdrop, if I happen to hold at the time.
Anyway I was lucky in the end. Because of the cryptopia maintenance, the coins were not moved from my deposit address.
I just checked and the airdrop was received there

So Cryptopia credited you the airdrop? That's great, someone is complaining on Slack that he couldn't move his coins out and is out of the airdrop.

Well he received his airdrop because he wasn't on cryptopia yet, he sent it there but because of the maintenance the coin never left his wallet so he got snapshoted.   But in my case its the opposite, my coins are at cryptopia and i want to withdraw them but i can't.

[riskthebiscuit]

I think they did the snapshot again, because I received the airdrop on an address which didn't have a balance till this morning.

I am not so sure they did another snapshot because my BTX arrived on the same wallet which had the other BTX. That implies that it worked first time and they only did one snapshot ya? Doubt both things could have happened here

[stevebc]

I think they did the snapshot again, because I received the airdrop on an address which didn't have a balance till this morning.

Well that sucks big time. When you say something you must mean it.
Now I missed the airdrop and my coins are stuck waiting to get credited on cryptopia for more than a day

Yeah that's just fantastic.

I initiated the BTX move to cryptopia after the snapshot was announced as complete.

Now my BTX are not in my personal wallet, and still not in cryptopia (I hope they show up somewhere at some time), and I missed out on Airdrop because the snapshot was redone.

Please don't do snapshots twice, or please work with your exchanges so they work properly.  Two issue like that outstanding at once isn't doing your reputation for competence much good.

[minestro]

I think they did the snapshot again, because I received the airdrop on an address which didn't have a balance till this morning.

Well that sucks big time. When you say something you must mean it.
Now I missed the airdrop and my coins are stuck waiting to get credited on cryptopia for more than a day

Yeah that's just fantastic.

I initiated the BTX move to cryptopia after the snapshot was announced as complete.

Now my BTX are not in my personal wallet, and still not in cryptopia (I hope they show up somewhere at some time), and I missed out on Airdrop because the snapshot was redone.

Please don't do snapshots twice, or please work with your exchanges so they work properly.  Two issue like that outstanding at once isn't doing your reputation for competence much good.

You can just have a look at your cryptopia deposit address on https://chainz.cryptoid.info/btx/ , anything credited there should be credited to your account (also the aidrop) at least after btx working on cryptopia again.

[drays]

I have just noticed this project, and as it is run by a team I actually respect, I would consider investing...
Claiming (airdrop) makes little sense, as the amount one could get is really small, but the process involves something I really don't like to do - by some reason I have to sign message "BTX", which is against all best practices - as signed messages should be very specific. Would you imagine you signing a sheet of paper with just "BTX" written on it?
Please consider making the message longer and more specific, like "Hereby I claim xxx.xx BTX coins from BitCore initial airdrop." or something like that.

So the main option is buying it at exchange. However there is one more serious concern here too: the huge premine! Who is holding it? Is it on multisig secured by several indepentent escrows? I have some experience with heavily premined projects, and too often I have seen the premine being dumped on the market. Even if the one holding it, is the most honest man in the world, you never know what could happen - he could just be hacked and may loose the keys... Too much power in single hands is dangerous, regardless of who has it. There should be some guarantees.

Sorry if there is an answer in the thread somewhere, the thread is a bit long to read in full . I searched for "escrow", found nothing.

Quoted my own message, so it doesn't get lost.

Everyone is so excited about those free airdrop coins, and nobody noticed my question above. That's why I don't like airdrop coins too much - all the talk is about free coins. Well, at least there is something to talk about, so there are positive things to this too... 

Well guys, excitement is great, free coins are good, but if one is going to actually invest money in something like this, the question about security of the premine HAS TO BE ANSWERED.

Christian, maybe you could drop few words in answer?

[gigabyted]

I have just noticed this project, and as it is run by a team I actually respect, I would consider investing...
Claiming (airdrop) makes little sense, as the amount one could get is really small, but the process involves something I really don't like to do - by some reason I have to sign message "BTX", which is against all best practices - as signed messages should be very specific. Would you imagine you signing a sheet of paper with just "BTX" written on it?
Please consider making the message longer and more specific, like "Hereby I claim xxx.xx BTX coins from BitCore initial airdrop." or something like that.

So the main option is buying it at exchange. However there is one more serious concern here too: the huge premine! Who is holding it? Is it on multisig secured by several indepentent escrows? I have some experience with heavily premined projects, and too often I have seen the premine being dumped on the market. Even if the one holding it, is the most honest man in the world, you never know what could happen - he could just be hacked and may loose the keys... Too much power in single hands is dangerous, regardless of who has it. There should be some guarantees.

Sorry if there is an answer in the thread somewhere, the thread is a bit long to read in full . I searched for "escrow", found nothing.

Quoted my own message, so it doesn't get lost.

Everyone is so excited about those free airdrop coins, and nobody noticed my question above. That's why I don't like airdrop coins too much - all the talk is about free coins. Well, at least there is something to talk about, so there are positive things to this too... 

Well guys, excitement is great, free coins are good, but if one is going to actually invest money in something like this, the question about security of the premine HAS TO BE ANSWERED.

Christian, maybe you could drop few words in answer?

There's no premine in reality, they premined 16M to match the BTC chain and everyone that has BTC can claim theirs.  In november (6 months after launch) they will redistribute 90% of the unclaimed coins to BTX owners and they will keep 10% of that unclaimed for them so they can do bounties and fund themselves...

Is this what you were talking about?

[Limx Dev]

I have just noticed this project, and as it is run by a team I actually respect, I would consider investing...
Claiming (airdrop) makes little sense, as the amount one could get is really small, but the process involves something I really don't like to do - by some reason I have to sign message "BTX", which is against all best practices - as signed messages should be very specific. Would you imagine you signing a sheet of paper with just "BTX" written on it?
Please consider making the message longer and more specific, like "Hereby I claim xxx.xx BTX coins from BitCore initial airdrop." or something like that.

So the main option is buying it at exchange. However there is one more serious concern here too: the huge premine! Who is holding it? Is it on multisig secured by several indepentent escrows? I have some experience with heavily premined projects, and too often I have seen the premine being dumped on the market. Even if the one holding it, is the most honest man in the world, you never know what could happen - he could just be hacked and may loose the keys... Too much power in single hands is dangerous, regardless of who has it. There should be some guarantees.

Sorry if there is an answer in the thread somewhere, the thread is a bit long to read in full . I searched for "escrow", found nothing.

Quoted my own message, so it doesn't get lost.

Everyone is so excited about those free airdrop coins, and nobody noticed my question above. That's why I don't like airdrop coins too much - all the talk is about free coins. Well, at least there is something to talk about, so there are positive things to this too...  

Well guys, excitement is great, free coins are good, but if one is going to actually invest money in something like this, the question about security of the premine HAS TO BE ANSWERED.

Christian, maybe you could drop few words in answer?

There's no premine in reality, they premined 16M to match the BTC chain and everyone that has BTC can claim theirs.  In november (6 months after launch) they will redistribute 90% of the unclaimed coins to BTX owners and they will keep 10% of that unclaimed for them so they can do bounties and fund themselves...

Is this what you were talking about?

We can not talk about us security. Sorry, i hope that is okay for you.

[torig]

I have just noticed this project, and as it is run by a team I actually respect, I would consider investing...
Claiming (airdrop) makes little sense, as the amount one could get is really small, but the process involves something I really don't like to do - by some reason I have to sign message "BTX", which is against all best practices - as signed messages should be very specific. Would you imagine you signing a sheet of paper with just "BTX" written on it?
Please consider making the message longer and more specific, like "Hereby I claim xxx.xx BTX coins from BitCore initial airdrop." or something like that.

So the main option is buying it at exchange. However there is one more serious concern here too: the huge premine! Who is holding it? Is it on multisig secured by several indepentent escrows? I have some experience with heavily premined projects, and too often I have seen the premine being dumped on the market. Even if the one holding it, is the most honest man in the world, you never know what could happen - he could just be hacked and may loose the keys... Too much power in single hands is dangerous, regardless of who has it. There should be some guarantees.

Sorry if there is an answer in the thread somewhere, the thread is a bit long to read in full . I searched for "escrow", found nothing.

Quoted my own message, so it doesn't get lost.

Everyone is so excited about those free airdrop coins, and nobody noticed my question above. That's why I don't like airdrop coins too much - all the talk is about free coins. Well, at least there is something to talk about, so there are positive things to this too...  

Well guys, excitement is great, free coins are good, but if one is going to actually invest money in something like this, the question about security of the premine HAS TO BE ANSWERED.

Christian, maybe you could drop few words in answer?

There's no premine in reality, they premined 16M to match the BTC chain and everyone that has BTC can claim theirs.  In november (6 months after launch) they will redistribute 90% of the unclaimed coins to BTX owners and they will keep 10% of that unclaimed for them so they can do bounties and fund themselves...

Is this what you were talking about?

Satoshi Nakamoto should be claim your BTX -https://bitslog.wordpress.com/2013/04/17/the-well-deserved-fortune-of-satoshi-nakamoto/
For green future BTX...

[European Central Bank]

just out of curiosity, was it never considered to maybe only distribute 10% of the premine once the the distribution until november was done and burn the rest?

[Neon~]

just out of curiosity, was it never considered to maybe only distribute 10% of the premine once the the distribution until november was done and burn the rest?

I believe the idea is to keep the circulation of this coin same as that of Bitcoin; burning off coins would defeat that purpose right?

[gigabyted]

just out of curiosity, was it never considered to maybe only distribute 10% of the premine once the the distribution until november was done and burn the rest?

Pretty much the same IMHO.  The marketcap will be the same just more coins, this is like a split on a stock, happens every day there...

The purpose is to have the same supply as the BTC, burning them would go against that.

[European Central Bank]

i can understand that with the period where every bitcoin holder can claim. but if you bring that to an end that kind of skews things after that.  

what do people think the odds are of a major influx of claimees?

[gigabyted]

i can understand that with the period where every bitcoin holder can claim. but if you bring that to an end that kind of skews things after that. 

do people think the odds are of a major influx of claimees?

Well the block reward is also in line with the BTC rewards if im not wrong, burning the coins would give too much value to the future coins i think.  I think the whole goal there was to have the same amount of coins in the future, ideally more claims that we are seeing right now, but i suspect that will pick up in the last weeks or so...

[uralcryptocoin]

Received first 3% airdrop. Great work, Dev! Will  hold Bitcore for month. It seems the price of BTX will rise extremely fast after airdrop will finished