Bitcoin United BTCX Moving Forward

Bitcoin United BTCX Moving Forward

Alex Fredericks        

Digital Launch LLC

Email: This email address is being protected from spambots. You need JavaScript enabled to view it.

Phone: (347) 687-1712

The August 1st Bitcoin hard fork has come and gone and we now have two Bitcoins, Bitcoin (BTC) and Bitcoin Cash (BCH). There is a third Bitcoin however that is waiting in the wings and it could be a total game changer.

Bitcoin United is one of the boldest projects in the cryptocurrency world, using a “pitch fork” instead of a hard fork. This involves pitching the old code and upgrading to something better able to handle the future transaction load. This upgrade, comes in the form of a quantum leap for Bitcoin by hosting the new currency BTCX, on the super-fast BitShares platform. BitShares is built with Graphene technology, capable of reaching 100,000 transactions per second!

BTCX aims to provide a solution so innovative and appealing that it will dominate through pure attrition, becoming known as “the fast Bitcoin”.

The process to launch Bitcoin United began on August 1st when Bitcoin Cash (BTH) and Bitcoin United (BTCX) were born as twins in the same Bitcoin block snapshot. The “snapshot” is literally a snapshot of the Bitcoin blockchain which can then be used to distribute BTH and BTCX to each Bitcoin holder according to their balance. Now that the fork and snapshot have occurred, all that is left is to determine how the coming “share drop” of BTCX will be carried out.

Right now, there are ongoing discussions between BitShares witnesses on a plan to "Free the Fast Bitcoins!".

Stan Larimer the President of Cryptonomex and the man responsible for Bitcoin United, recently posted an article on Steemit giving us a glimpse into the plans for BTCX.

“BTH has already set the precedent - You can have two bitcoins and gain value from slight changes. Imagine the value of lightspeed Bitcoin. But it’s got to be an upgrade to bitcoin not a clone.”

BitShares witnesses are now discussing the best way to implement the launch of BTCX and the movement to “Free the Fast Bitcoins!” is picking up Steam.

If you would like more insight into the progress of BTCX check out the link below.

https://steemit.com/bitcoin/@stan/bitshares-witnesses-comment-on-bitcoin-united-btsx-proposal

For more information about Bitcoin United check out the following link…

https://steemit.com/bitcoin/@stan/the-third-bitcoin-is-the-one-to-watch

 
This press release has been viewed 725 times on PR Buzz.