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declining rate rule – DIGIT INFO https://www.digit.info Bookmarking Crypto Insights Thu, 01 Mar 2018 19:04:55 +0000 en-US hourly 1 https://wordpress.org/?v=6.9.4 https://www.digit.info/wp-content/uploads/2024/07/cropped-61589-32x32.png declining rate rule – DIGIT INFO https://www.digit.info 32 32 PR: Bitcoin Exchanges: Please Help Your Users Claim BCP and BCPC as Soon as Possible https://www.digit.info/pr-bitcoin-exchanges-please-help-your-users-claim-bcp-and-bcpc-as-soon-as-possible/ Thu, 01 Mar 2018 19:04:55 +0000 https://www.digit.info/2018/03/01/pr-bitcoin-exchanges-please-help-your-users-claim-bcp-and-bcpc-as-soon-as-possible/ Read more]]>

Claim Bitcoin Parallel on Bitcoin ExchangesSince coin claiming began at 09:00 GMT on 12 January 2018, the number of people registered at the Bitcoin Parallel website has skyrocketed.

In order to maintain the Bitcoin Parallel Ecosystem, the Bitcoin Parallel Foundation has formulated a declining distribution rule. Bitcoin holders at block height of 507,000 receive BCP and BCPC at BTC: BCP = 1: 1, BTC: BCPC = 1: 1,000. But since 09:00 GMT on 13 February 2018, the distribution rate decreased by 2% every 24 hours. After being decreased to 50%, the distribution rate would then enter into a second phase, decreasing by 1% every week—until it becomes zero.

The post PR: Bitcoin Exchanges: Please Help Your Users Claim BCP and BCPC as Soon as Possible appeared first on Bitcoin News.

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