[ANN] Bitcoin ONE - hard fork Bitcoin (525 000 block)

[ilcaramba]

Guys has anyone understood these physical Bitcoin ONE coins and notes? Will they be somehow linked with the ones which will be stored in BTC1?

Sure) Every coin and note will have its own QR-code which is linked to a specific wallet. So every coin or note can be linked only to one wallet, it can be linked to another one.

Does it mean that a coin or a note fades away from my Bitcoin ONE wallet if I lose a coin or a note?

No. You can lose the ones in the wallet. Physical coins are one sort of things and storing cryptocurrencies in BTC1 is another. Some of the forum participants have already asked about it. So it will be possible to restore the coins and notes. It’s necessary to contact the support service of the platform in order to restore them.

How much will it take to restore one coin or note?

There’s no exact info on re-issue yet.

Will it be necessary to pay extra for delivery of new coins and notes? Or will I have to go somewhere on my own to get them?

[robinzzon]

If my wallet is hacked and all the BTC1 coins are stolen, will I have to re-issue physical coins and notes with QR-code?

[dort]

Look, if I spent some amount of BTC1 on the platform and my balance in changed from, let’s say, 100 coins to 90 coins, but the number of the notes remains the same. What should I do?)

[Veecker]

Is it possible that the number of blockchain supported by B1cash will increase in the future?

[woodcoin]

What fiat currencies does b1cash work with? Rubles, dollars and euros – it’s clear. But will there be Japanese yen, for example?

[alexphjones]

It’s a usual exchange with its own cryptocurrency, I cant see anything special about it. But we will see, maybe, it will manage to compete.

[sinfazat22ron]

It’s a usual exchange with its own cryptocurrency, I cant see anything special about it. But we will see, maybe, it will manage to compete.

I dunno, it seems you aren’t familiar with the project. It does have some features. Let’s say, it will be possible to create cold wallets. It’s impossible on other exchanges for sure.

[alexphjones]

It’s a usual exchange with its own cryptocurrency, I cant see anything special about it. But we will see, maybe, it will manage to compete.

I dunno, it seems you aren’t familiar with the project. It does have some features. Let’s say, it will be possible to create cold wallets. It’s impossible on other exchanges for sure.

What do u mean? Arent u mistaken? Only hot wallets can be created on the exchanges.

[sinfazat22ron]

It’s a usual exchange with its own cryptocurrency, I cant see anything special about it. But we will see, maybe, it will manage to compete.

I dunno, it seems you aren’t familiar with the project. It does have some features. Let’s say, it will be possible to create cold wallets. It’s impossible on other exchanges for sure.

What do u mean? Arent u mistaken? Only hot wallets can be created on the exchanges.

No, I’m not mistaken) More than 20 blockchains are connected to B1.cash platform, so users can create cold wallets and store their assets there.

[slavonicpl]

It’s a usual exchange with its own cryptocurrency, I cant see anything special about it. But we will see, maybe, it will manage to compete.

I dunno, it seems you aren’t familiar with the project. It does have some features. Let’s say, it will be possible to create cold wallets. It’s impossible on other exchanges for sure.

What do u mean? Arent u mistaken? Only hot wallets can be created on the exchanges.

No, I’m not mistaken) More than 20 blockchains are connected to B1.cash platform, so users can create cold wallets and store their assets there.

And will they be really safe?

[rosemarie151212]

Did I correctly understand that B1.cash platform will be linked to a particular bank?   

[hollybit]

Did I correctly understand that B1.cash platform will be linked to a particular bank?   

What made you think so? This platform wont be linked to any banks, all the settlements will be made via BTC1.

[B1CASH]

Can anyone tell me, how much will it cost to re-issue stolen BTC1physical coins and notes?

It is expected that the cost of physical coins and banknotes re-issue will cost no more than $3

[B1CASH]

Is it possible that in the future the largest world banks will work with B1.cash and they will use BTC1 for settlements among themselves?

Bitcoin ONE is just about to be launched and it's still too early to talk about which financial and credit organizations will work with BTC1. We note that currently bitcoin one project, as well as b1.cash platform, are independent of the banks, which allows them to optimally configure the entire infrastructure to provide users with the most comfortable services and functionality.

[B1CASH]

It’s a usual exchange with its own cryptocurrency, I cant see anything special about it. But we will see, maybe, it will manage to compete.

Let us disagree with you. First of all, Bitcoin ONE is the first cryptocurrency created on hybrid processing, which allows processing up to 1 million transactions per second. Secondly, BTC1 is a single accounting cryptocurrency of the B1.CASH platform, which allows you to instantly send and receive transfers, make purchases and pay for services around the world. Thirdly, BTC1 implemented the most advanced solutions in the field of cybersecurity, which almost to zero reduce the possibility of hacker attacks, which means that users' wallets are securely protected. And fourthly, bitcoin one is the first cryptocurrency protected by physical coins and bills (it allows to secure Bitcoin one sales transactions and additionally protect BTC1-wallets).

[B1CASH]

What fiat currencies does b1cash work with? Rubles, dollars and euros – it’s clear. But will there be Japanese yen, for example?

B1.CASH is an international project and, of course, all world currencies will be available in the system.

[B1CASH]

If my wallet is hacked and all the BTC1 coins are stolen, will I have to re-issue physical coins and notes with QR-code?

In case of an abnormal situation, you apply to the B1.CASH (Bitcoin ONE) contact center. Within a few hours, our specialists would analyze the situation and would contact you with further instructions.

[B1CASH]

If you have your own physical coins and bills,   may Bitcoin ONE become an international currency in the future?

Bitcoin ONE is a cryptocurrency. Physical coins and bills are used as an additional protection for btc1 wallets. They are one of security elements in the bitcoin one sales transactions. Let us recall that bitcoin one coins and bills cannot be used as a means of payment, as usual coins and notes (for example, dollars or euros).

[B1CASH]

Users from which countries cant work with B1cash?

The distinctive feature of B1.CASH is that our project is global and international, which means that it can be used both in Europe and, for example, in Asia or Africa.

[B1CASH]

I don’t quite understand:  if B1cash has its own crypto currency - BTC1, why should they add other crypto-currencies to the system?

B1.CASH was originally conceived as a financial aggregator and a cryptocurrency exchange. Let's note that it's not for any particular country or group of countries, but for the whole world. It goes without saying that BTC1 alone is not enough for such a large-scale project. In addition, bitcoin one has a wider functionality in comparison with analogs. Firstly, Bitcoin ONE is the general means of payment B1.CASH platform, which will allow you to make payments and transfers in Bitcoin ONE. It ensures both independence from external platforms, banks, and payment systems, and will provide high transaction processing speed.