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Since 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.
As its work has progressed, the Foundation has received a large number of emails from Bitcoin holders about claiming BCP and BCPC. So guidelines have been created based on the questions most frequently asked. Please keep an eye on the following official locations:
And the official website:
The Foundation has also recently received many emails from exchange wallet users about how to claim BCP and BCPC. Taking into account the declining rate rule, and what is expected to be the online time in 3 to 4 months, we ask Bitcoin exchanges to please help your users who meet the claiming criteria with claiming BCP and BCPC and please allocate claimed BCP and BCPC to your users as soon as possible.
Holders of Bitcoin wallets (paper, software, or hardware) who hold Bitcoins at a height of 507,000, but who have not yet claimed BCP and BCPC, please do so at the official website as soon as possible.
For more information on Bitcoin Parallel, please visit: www.bitcoinparallel.org
Bitcoin Parallel Foundation
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Author: Bitcoin.com PR