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

[rafzalan]

Yobit withdrawal is suspended, could anyone add more details?

[ddsantonz]

For people who keep their bitcoins on Trezor or ledger. Would there be a guide how to claim UB ?

[known-user]

For people who keep their bitcoins on Trezor or ledger. Would there be a guide how to claim UB ?

probably not, also just one day left more or less to be able to participate.

[ddsantonz]

For people who keep their bitcoins on Trezor or ledger. Would there be a guide how to claim UB ?

probably not, also just one day left more or less to be able to participate.

 I mean, when the distribution occurs - where would the UB coins go ?
I guess the real question is : How would people who have trezor/ledge access  UB coins ?

[BrotherJ]

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.

 I would like to know as well.

[the artful bodger]

What does manual distribution of inactive addressess mean?

This will be a fork of the Bitcoin blockchain, 1:1 ratio of active addresses, manual distribution of inactive addressess followed by the first cross-chain distribution of supported cryptocurrencies after January 3, 2018.

[tclo]

For people who keep their bitcoins on Trezor or ledger. Would there be a guide how to claim UB ?

probably not, also just one day left more or less to be able to participate.

 I mean, when the distribution occurs - where would the UB coins go ?
I guess the real question is : How would people who have trezor/ledge access  UB coins ?

The UB coins will be on the UB blockchain.  They will be sitting there and you can access them with your private key. 

So just figure out how to extract your BTC private key for that address and you can access your UB, once a wallet supports it, of course, and allows for private key sweep.

[united-bitcoin]

This is UnitedBitcoin

- The final block height for the end of phase #2 is 502,315

[Ityan]

Website is really cool. Good job! 

[rafzalan]

I have bought UBTC from yobit, But not sure it is really united BTC because price there is much lower and withdrawal is impossible.
Will be appreciated if someone enlighten about it.

[RealMachasm]

Checked the balance on one of my BTC addresses on UB explorer and it appears to be zero?
It looks like a transaction happened on 2017-12-12 04:32:56.0 which moved the funds at my address to a segwit address that isn't mine?
Any explanations?

[HarryPorter]

Checked the balance on one of my BTC addresses on UB explorer and it appears to be zero?
It looks like a transaction happened on 2017-12-12 04:32:56.0 which moved the funds at my address to a segwit address that isn't mine?
Any explanations?

looks like the developers of this coin called "UnitedBitcoin" robbed you as only they can make this trick.

[vraboni555]

Checked the balance on one of my BTC addresses on UB explorer and it appears to be zero?
It looks like a transaction happened on 2017-12-12 04:32:56.0 which moved the funds at my address to a segwit address that isn't mine?
Any explanations?

looks like the developers of this coin called "UnitedBitcoin" robbed you as only they can make this trick.

Same happened to me as well, my UBTCs were transferred out to 31rZdrTpN57Wbfhg7xTPxeFGjEQaMBjxoo address, see the 7cc9db8d1fd7789961f6e165723364d5e87501b75034f07bc1216f8835c4dfb6 transaction on UB blockchain.


UBTC developers appears to be quite greedy, those funds ended in a 1604192 UBTC wallet, worth >638,000,000$ at the "current price"

[known-user]

Checked the balance on one of my BTC addresses on UB explorer and it appears to be zero?
It looks like a transaction happened on 2017-12-12 04:32:56.0 which moved the funds at my address to a segwit address that isn't mine?
Any explanations?

looks like the developers of this coin called "UnitedBitcoin" robbed you as only they can make this trick.

Same happened to me as well, my UBTCs were transferred out to 31rZdrTpN57Wbfhg7xTPxeFGjEQaMBjxoo address, see the 7cc9db8d1fd7789961f6e165723364d5e87501b75034f07bc1216f8835c4dfb6 transaction on UB blockchain.


UBTC developers appears to be quite greedy, those funds ended in a 1604192 UBTC wallet, worth >638,000,000$ at the "current price"

i also had that on many of my addresses on the 12th of december, isn't that because of not being given on the phase 1 so that they transfered them to some kind of 'reserve' so to say to be allocated in the phase 2? (wishful thinking)

[united-bitcoin]

This is UnitedBitcoin

- Block 502,315 has been mined. This marks the end of phase #2 for Bitcoin holders.

[RealMachasm]

Checked the balance on one of my BTC addresses on UB explorer and it appears to be zero?
It looks like a transaction happened on 2017-12-12 04:32:56.0 which moved the funds at my address to a segwit address that isn't mine?
Any explanations?

looks like the developers of this coin called "UnitedBitcoin" robbed you as only they can make this trick.

Same happened to me as well, my UBTCs were transferred out to 31rZdrTpN57Wbfhg7xTPxeFGjEQaMBjxoo address, see the 7cc9db8d1fd7789961f6e165723364d5e87501b75034f07bc1216f8835c4dfb6 transaction on UB blockchain.


UBTC developers appears to be quite greedy, those funds ended in a 1604192 UBTC wallet, worth >638,000,000$ at the "current price"

Mine were transferred to that same address as well.
Here is the txid 500c973997f35a2f876acbaa15a93518ac7cb752958bd44525d08a702e66cf88

[known-user]

Checked the balance on one of my BTC addresses on UB explorer and it appears to be zero?
It looks like a transaction happened on 2017-12-12 04:32:56.0 which moved the funds at my address to a segwit address that isn't mine?
Any explanations?

looks like the developers of this coin called "UnitedBitcoin" robbed you as only they can make this trick.

Same happened to me as well, my UBTCs were transferred out to 31rZdrTpN57Wbfhg7xTPxeFGjEQaMBjxoo address, see the 7cc9db8d1fd7789961f6e165723364d5e87501b75034f07bc1216f8835c4dfb6 transaction on UB blockchain.


UBTC developers appears to be quite greedy, those funds ended in a 1604192 UBTC wallet, worth >638,000,000$ at the "current price"

Mine were transferred to that same address as well.
Here is the txid 500c973997f35a2f876acbaa15a93518ac7cb752958bd44525d08a702e66cf88

i have checked a bunch of my addresses now, all of them were transfered on the 12th of december so far.
i hope united bitcoin can shred some light on this soon.

[RealMachasm]

Found this on their website
We expect to distribute UBTC by 24 th January 2018 as announced yesterday.
This would suggest that there is some manual intervention required perhaps?
Maybe I am being too much of an optimist but I would hope that the UB coins will get distributed fairly by that date.
Otherwise if all the coins have ended up with Mr Garzik then I can't see it being that useful as a currency, I mean, who the hell would want any if only one person has them all??

[vraboni555]

BTW: For airdrop 2, was it still a requirement to send some BTCs from wallet A to wallet A?
Or just any transaction from that wallet between specified blocks?


... sorry for advertising but, please see my signature for some free coins

[patriot1889]

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.

Except from the utterly stupid conditions regarding which addresses are inactive and which aren't.