And we are live❗️

We are proud to announce that the BTCU Mainnet is now up and running. This is the culmination of more than a year of hard work by the entire team, developers, advisors and of course, the entire BTCU community who have supported us on this journey.

The launch marks our most important milestone to date. However, this is still just the beginning❗️

We intend to fulfil all our promises by making blockchain technology an integral part of daily lives. From Asset Tokenization to Rights Management, Supply chain and document flow to Cross-border Payments, Governance and Real Estate to Fintech, healthcare and more.

Prior to the launch, the Orion network was developed as the official platform for testing and evaluating the performance of the network and its ecosystem. Participants can check their BTCU accrual in the explorer on: https://explorer.btcu.io/

Downloaded wallets will also be available and will work with the Orion network. These wallets will work in test mode in order to get feedback from the community and to test the protocol, leasing, charges, masternodes, validators, etc.

When partners emerge in the form of Tier 1 exchanges the official opening of the protocol will take place and downloads will be available in the wallets of the main network. We are in the process of negotiating with Binance, Huobi, KuCoin, & Okex to support the fork. On the other hand, cryptocurrency exchanges like Coinsbit, Bkex, Yobit, Biki, P2Pb2b, LocalTrade, Whitebit, Exmo, Folgory, Bitforex, BiOne and Alterdice have already declared their support for the fork.

For those who are new to the project, BTC Ultimatum (BTCU) is a next-gen blockchain based on Bitcoin fork. Developed to solve Bitcoin's excessive energy consumption associated with mining, scalability and transaction anonymity while maintaining all of its useful characteristics. This involves the creation of a new energy-efficient mining algorithm - UPoS (Ultimatum PoS)-, provision of smart contract, implementation of atomic swaps and integration of Ethereum virtual machine (EVM).

It combines Ethereum smart contract functionality with Bitcoin’s security to create a blockchain that is suitable for quick micropayment system for crypto users and large organizations.


 #BTCU

🔥Breaking news! 🔥

As the BTCU Mainet (Main Network) is about to go live in a few days, our CEO, 😎 Eric Ma, gives an overview of the next-gen blockchain and its capabilities.

🎥 Kindly, take a moment to watch him delve into the project in this short video while we gear up for the official launch on Friday, 5th February 2021❗️

Link to video: https://fb.watch/3qIGVyecy0/

📢 IMPORTANT REMINDER

⏰ We remind our community and the public that the launch of the BTC Ultimatum (BTCU) blockchain is ONLY 2 days away! The much-awaited network will go-live on Friday, 5th February 2021.

🔹 Over the past year, we have been actively perfecting the BTCU technology, which caused us to postpone its launch on several occasions. The decision to delay the fork paved the way for extensive assessments that have affirmed the core objectives of the blockchain.

🚀 In accordance with the preparation towards the fork event, and the success we have achieved through testing and evaluation concludes the technology is operable. Therefore, we have decided to proceed with the February 5th Mainet (Main Network) launch. As of Friday, 5th February, the public can take full advantage of the network. We welcome all partnerships which will further the development of the BTCU blockchain ecosystem.

📌 NB: On the other hand, an airdrop will not take place on February 5th. The BTCU airdrop will occur only when tier one exchanges declare their supports for it. We have taken this measure to protect users and make sure that everyone receives the BTCU airdrop in the ratio of 1:1, equivalent to the BTC balance on the branch block. Accordingly, the BTCU airdrop date will be announced at a later date.

😎 Combining the idea of Bitcoin with the capabilities of Ethereum 2.0, BTCU is a next-gen blockchain that stands out in terms of applicability across multiple industries, including payments, supply chain, retail, and others. Furthermore, it provides superior technology by addressing scalability, privacy and security in first and second generation blockchains.

➡️ You can find more information about BTCU here:
https://btcu.io/

The time has finally come, and we invite every cryptocurrency enthusiast to get ready to become a part of this history❗️

📢 ANNOUNCEMNET:

🚀 We are delighted to inform the BTCU community and the public about the launch of BTCU Testnet (Test Network), on 21st January 2021. The objective of the operation is to identify vulnerabilities of the application that could lead to security breaches, by allowing the public to take part in the assessment of the BTCU Blockchain Application and its Source Code.

👨‍💻 This exercise is geared towards the fork scheduled on 5th February 2021. The comprehensive network testing will enable developers to test, create, or modify functionalities and monitor the BTCU blockchain network performance. This will help provide an objective and independent view of the network to enable parties and businesses to appreciate and understand the network's capabilities.

🔹️ Again, it will help us predict the operation of the network as well as provide stakeholders with information about the quality of the BTCU blockchain in terms of Security and Privacy, Capabilities, Usability, Integration and Interoperability.

🤝 We welcome testers to take part in this final operation, and Interested parties can take part in the process by simply clicking on the link to below 👇

https://github.com/bitcoin-ultimatum/orion

We recommend reading an interesting and useful article "BTCU Ultimatum blockchain tech product update On The Ongoing Testing And Improvements" published in our corporate blog.

After reading this article, you will learn a lot about the BTCU project and find answers to all your questions.

Link: https://bitcoinultimatum.medium.com/btcu-ultimatum-blockchain-tech-product-update-on-the-ongoing-testing-and-improvements-a756d55f719a

We invite you to read the article published in the Newsbtc (https://www.newsbtc.com) under the heading "The Brilliant Minds Behind the BTC Ultimatum Project, and Their New CEO, Eric Ma".

Summary:
    BTC Ultimatum (BTCU) has been created for the development of innovative blockchain solutions – Prof-it Blockchain Ltd.
    BTCU is led by globally recognised experts in blockchain and crypto, featuring founder Nikolai Udianskyi, top ten crypto industry leaders at the World level; and CEO Eric Ma, a former core member of CoinMarketCap
    Key members of the executive team include COO Bohdan Prilepa,
    Dinis Guarda, a leading blockchain and digital assets personality joins as Team Advisor Strategy and Development;
    Juliet Su founder of Digital Week Online joins as Business Development Officer;
    CTO Andriy Saranenko and CMO Vadim Yarmak
    They set the task to create a unique blockchain protocol and implement a solution that would meet all the requirements of the modern crypto community.


More: https://www.newsbtc.com/news/company/the-brilliant-minds-behind-the-btc-ultimatum-project-and-their-new-ceo-eric-ma/

World-renowned author, academic, serial entrepreneur and leader in 4IR, AI, Fintech and Blockchain — Dinis Guarda has joined the BTCU project as a Global Advisor for Strategic Development. Dinis has over 20 years of experience in international business and digital transformation, ranked among the most influential people in Blockchain by Cointelegraph, top AI influencers by rise.global and top Fintech thought leaders by Onalytical.com

As a strategic development officer, he will work across all areas of our team supporting strategic planning, business development efforts, growth & innovation initiatives, and advancement of BTCU's environmental, social and economic sustainability priorities, to translate this work into actionable strategies and scalable investment or partnership opportunities.

Joining the team will expand the project's visibility through his frequent participation in international blockchain and crypto events that he attends as a keynote and chair.

We are thrilled to welcome Dinis Guarda!

The BTC Ultimatum (BTCU) Team is pleased to announce the appointment of Eric Ma (CEO Bione Exchange) as the new Chief Executive Officer (CEO). Ma, being an active crypto entrepreneur and global business leader, brings a wealth of leadership experience and a passion for positive change within the blockchain and cryptocurrency industry. As a former core member of CoinMarketCap, he understands the importance of community as the foundational layer of a successful project and looks to position BTCU as an industry-leading project.

Eric Ma holds B.S. degree in Landscape Architecture from the University of Wisconsin-Madison (1998–2003). He worked as Community Manager at CoinMarketCap (Oct 2018-Dec 2019) and went on to develop Bione Exchange.

His leadership will guide the BTCU project in its mission to foster vibrant cooperation with diverse industries to expand the practical adaptation of blockchain in real sectors of economies, social and business processes. With emphasises on efficiency, transparency and consensuses-building.

Please join the BTCU team in welcoming Eric Ma to our community!