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Author Topic: ANN: UnitedBitcoin - UBTC - Launched in Silicon Valley on Dec 12 by Jeff Garzik  (Read 2901 times)
Flednas
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December 26, 2017, 01:05:23 PM
 #21

Can I claim in the same way if my BTC have been stored in a bech32 segwit address?
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KurtCobain
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December 26, 2017, 01:19:27 PM
 #22

Please update the ann page and website to reflect that UBTC is available for trade on Yobit.net @ https://yobit.net/en/trade/UBTC/BTC#12H
united-bitcoin
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December 27, 2017, 04:55:48 AM
 #23

Please update the ann page and website to reflect that UBTC is available for trade on Yobit.net @ https://yobit.net/en/trade/UBTC/BTC#12H

This is UnitedBitcoin
Integration with YoBit is ongoing, when it has been completed, we will make an official announcement.
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December 27, 2017, 05:00:31 AM
 #24

Hello, I submitted my TXID on your  Submission Form on the website a couple days ago in phase 2 distribution. How long does it take for you to send the UBTC?

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December 27, 2017, 05:47:14 AM
 #25

Can I claim in the same way if my BTC have been stored in a bech32 segwit address?

This is UnitedBitcoin

Yes, you are correct, the procedure for Bech32 SegWit addresses is the same.
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December 27, 2017, 06:00:31 AM
 #26

Hello, I submitted my TXID on your  Submission Form on the website a couple days ago in phase 2 distribution. How long does it take for you to send the UBTC?

This is UnitedBitcoin

You will be notified automatically (shortly), give it a few days.
tigermonkey
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December 27, 2017, 06:27:12 AM
 #27

The distribution seems weird. Any reasons behind it?

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December 27, 2017, 06:42:24 AM
 #28

The distribution seems weird. Any reasons behind it?

This is UnitedBitcoin

Thank you for asking, yes are several reasons. Let me explain, UnitedBitcoin’ s fork breaks from convention with regards to distribution by differentiating between active- and inactive addresses. There are several advantages for doing so, first of all, it allows us to distribute UBTC across chains and across communities. Second, because there is less alt-coin flipping, resulting in less volatility for Bitcoin itself. Lastly, the remaining (inactive) balance can be used as collateral for future Eco-system developments.
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December 27, 2017, 09:02:49 AM
 #29

Instead of sending the BTC to ourselves and having to reveal our public key why don't we just send you a signed message proving we are owners of a particular address.

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united-bitcoin
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December 27, 2017, 09:45:49 AM
 #30

This is UnitedBitcoin

Today's updates

- HB.top exchange is now trading UBTC - HB.top - https://hb.top/
- Ranking site in China now lists UBTC: http://www.feixiaohao.com/currencies/unitedbitcoin/
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December 27, 2017, 09:56:32 AM
 #31


Instead of sending the BTC to ourselves and having to reveal our public key why don't we just send you a signed message proving we are owners of a particular address.

This is UnitedBitcoin

Great suggestion, we're looking into that possibility as we speak, but as for now I cannot make any announcements yet
ss10miner
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December 27, 2017, 09:58:13 AM
 #32

UBTC is valuable compare with other BTC forks but BCH excepted.  

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December 27, 2017, 09:05:08 PM
 #33

Instead of sending the BTC to ourselves and having to reveal our public key why don't we just send you a signed message proving we are owners of a particular address.

Your public key is your address and you logically have to "reveal" your address if you want to receive any UBTC to it, the UB team is great but not telepathic.

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December 27, 2017, 11:37:58 PM
 #34

Hello, I submitted my TXID on your  Submission Form on the website a couple days ago in phase 2 distribution. How long does it take for you to send the UBTC?

This is UnitedBitcoin

You will be notified automatically (shortly), give it a few days.

Did any of you see the balance after submitting TXID? Or should I wait till the end of phase two? then I'll be too late if I only find that I submitted wrongly
I checked here block.bitbank.com

I sent to my own address in phase two.  A few of blocks after that, I find my balance of UBTC was taken. now the balance is zero.

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united-bitcoin
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December 28, 2017, 03:07:33 AM
 #35

This is UnitedBitcoin

- Coincoming.com exchange has announced it will enable UBTC trading on December 28: https://trade.coincoming.com/cms/pdetail?id=10145
- UBTC trading added on Shu Zi Bi exchange: https://www.shuzibi.com/trade/BTC/UBTC
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December 28, 2017, 08:26:07 AM
 #36

Instead of sending the BTC to ourselves and having to reveal our public key why don't we just send you a signed message proving we are owners of a particular address.

Your public key is your address and you logically have to "reveal" your address if you want to receive any UBTC to it, the UB team is great but not telepathic.

This is wrong! Your address is a hash of the public key, not the public key itself. Hence, your coins are protected twofold, by the hash function as well as by elliptic curve cryptography. When spending from an address, the public key gets reveals and your coins are not protected by the hash function anymore, only by elliptic curve cryptography.

Thus, claiming the UBTC actually forces you to weaken your security, at least temporarily until you move your coins to a new address.
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December 28, 2017, 12:36:24 PM
 #37

Instead of sending the BTC to ourselves and having to reveal our public key why don't we just send you a signed message proving we are owners of a particular address.

Your public key is your address and you logically have to "reveal" your address if you want to receive any UBTC to it, the UB team is great but not telepathic.

This is wrong! Your address is a hash of the public key, not the public key itself. Hence, your coins are protected twofold, by the hash function as well as by elliptic curve cryptography. When spending from an address, the public key gets reveals and your coins are not protected by the hash function anymore, only by elliptic curve cryptography.

Thus, claiming the UBTC actually forces you to weaken your security, at least temporarily until you move your coins to a new address.

UBTC is quite valuable, well worth changing your btc address.
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December 28, 2017, 06:16:22 PM
 #38

Hi-

Question about receiving UBTC, and whether a 'change address' might mess things up for me.  Here is a transaction that I did in an attempt to claim my UBTC:

Address A (has 1 BTC) send -> Address A (0.1 BTC) and Address B (0.9 BTC)

So when I send the TXID to UB, will I receive 1 UBTC, 0.1 UBTC, or 0.9 BTC?  

Obviously my intention was to do a transaction to claim the full amount of UBTC that I can, but now I'm worried that only the amount sent to the original address (i.e., Address A) will be credited, and not the original amount in Address A, or the amount sent to Address B.

Can you please clarify how your crediting rules will work?

(I have already received the confirmation email acknowledging UB's receipt of my two TXID's, but there wasn't any amount mentioned in that email.)

Thank you!

adaseb
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December 28, 2017, 10:06:48 PM
 #39

Hi-

Question about receiving UBTC, and whether a 'change address' might mess things up for me.  Here is a transaction that I did in an attempt to claim my UBTC:

Address A (has 1 BTC) send -> Address A (0.1 BTC) and Address B (0.9 BTC)

So when I send the TXID to UB, will I receive 1 UBTC, 0.1 UBTC, or 0.9 BTC?  

Obviously my intention was to do a transaction to claim the full amount of UBTC that I can, but now I'm worried that only the amount sent to the original address (i.e., Address A) will be credited, and not the original amount in Address A, or the amount sent to Address B.

Can you please clarify how your crediting rules will work?

(I have already received the confirmation email acknowledging UB's receipt of my two TXID's, but there wasn't any amount mentioned in that email.)

Thank you!



Just send the entire amount to yourself to the same address, you don't need to use a change address.

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December 29, 2017, 05:21:19 AM
 #40

Note that they have just updated the rules for claiming UBTC:

https://www.ub.com/project/get

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