ANN: UnitedBitcoin - UBTC - Launched in Silicon Valley on Dec 12, 2017

[united-bitcoin]

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

[1713462593]

1713462593

[1713462593]

1713462593

[ss10miner]

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

[johnsmithx]

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.

[kotbi]

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.

[Flednas]

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.

[KurtCobain]

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.

[lovin-UBTC]

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]

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.

[dotbitme]

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

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

Regards
Btcdiv.com - The ultimate source for bitcoin dividends & airdrops

[adaseb]

Yes but if you need to contact them anyways with the TXid, why don't you just send them a signed message proving you are owner of the account.

With the huge transaction fees these days it seems like a waste to send balances back and forth.

[HarryPorter]

on here https://www.ub.com/project/get we can read  : "Due to this feedback, The UB team has changed the process. Bitcoin holders are not required to send Bitcoin from address A to address A or provide a TXID to prove ownership. This will simplify the user experience."

is that could mean they already decide to take community advice and make new rules during Phase 2 distribution ? Is it possible to claim UBTC by new method already?

if yes, what is the new procedure?

edit:
oh.. just found out new rules are in this letter:

(1) did not receive UBTC in the first round; and

(2) had a Bitcoin balance at block 498,777 higher than 0.01 BTC; and

(3) had activity (outgoing) between block 494,000 and 501,878 (around 12th November 2017 to 3rd January 2018);

now its clear.

Good luck to the UBTC team

[united-bitcoin]

This is UnitedBitcoin

New Electrum wallet released (v3.0.7), it can be released from our website at: https://www.ub.com/project/wallet or directly from our GitHub repository at: https://github.com/UnitedBitcoin/electrum/releases/

[rafzalan]

Hi
I like this fork because it is backed by a team of professional devs, also its road-map is well written with special focus on smart contracts.
I have 2 comments:
1- Can I use any standard bitcoin paper wallet to create a new address?
2- I buy some from Yobit but up to now withdrawal is impossible, will be appreciated if team contact them and help to clear any possible issues.
@united-bitcoin

[bspus]

I'm starting to feel like an idiot here.

Supposedly, everything is explained on this page
https://www.ub.com/project/get


But in fact, it says almost nothing.
Where can I find that link to check if any of my addresses can claim ubtc? I'm actually not sure; I made some moves around that time from old standard addresses to new bech32.
I don't remember exactly when and I'd like to check what if any of them can claim before I start signing and sending stuff.

Where do I actually send whatever I need to send? A specific email address, an online form, what?

[Xandan]

Can it be confirmed here whether blockchain.info will support this fork or not. I don't see anything mentioned in this regard as my larger portion of my Bitcoins is there and I was sure like other previous fork it will also be supported by them. Will not be fine to release some list of exchanges which have shown interest in this fork ?

[the artful bodger]

edit:
oh.. just found out new rules are in this letter:

(1) did not receive UBTC in the first round; and

(2) had a Bitcoin balance at block 498,777 higher than 0.01 BTC; and

(3) had activity (outgoing) between block 494,000 and 501,878 (around 12th November 2017 to 3rd January 2018);

Does that mean we have to move our bitcoins to a new address before 3rd January in order to claim UnitedBitcoin?

[adaseb]

edit:
oh.. just found out new rules are in this letter:

(1) did not receive UBTC in the first round; and

(2) had a Bitcoin balance at block 498,777 higher than 0.01 BTC; and

(3) had activity (outgoing) between block 494,000 and 501,878 (around 12th November 2017 to 3rd January 2018);

Does that mean we have to move our bitcoins to a new address before 3rd January in order to claim UnitedBitcoin?

Yes

[tclo]

Does that mean we have to move our bitcoins to a new address before 3rd January in order to claim UnitedBitcoin?

It means you have to have an outgoing transaction before Jan 3.  You can send any amount to yourself and it should work.   They are just trying to filter out dormant addresses like Satoshi's.

But the snapshot already happened, so unless you had a balance in that address on Dec 12, then won't matter.

[tclo]

I looked up some of my addresses at:

https://www.ub.com/explorer

And if I have a UBTC balance with that info, do I need to do anything else by Jan 3?  I don't think so but not sure.

[bspus]

I have some segwit addresses I would like to check but that explorer does not seem to recognize them