Waves Exchange Able To Support Bitcoin Myk Fork

Hey you, welcome back to the channel. And today, very important information. The Waves exchange is able to support our Bitcoin fork, which will occur on March 31st, 12 GMT time. This, um, is big news and very important because for many of you all who have carried the BitcoinNYK token and are aware of this fork of Bitcoin, uh, the process was to claim BitcoinNYK tokens by holding Bitcoin and sending over your Bitcoin signature so that we could verify that you were the owner of that account. This will no longer be necessary for the coming fork that will happen on the Waves exchange, as you won't have to do nothing. You won't have to do anything else but hold the Bitcoin in your wallets. Now, presently, looking at the data here, there are over 500,000 accounts, uh, on the Waves exchange at this point in time. Um, the snapshot will occur on March 31st, uh, and so, um, at 12 GMT time. So it's very important that your Bitcoin stay in that wallet during that time. Um, now in order so you can receive your BitcoinMYK tokens. Now to kind of understand BitcoinMYK being this, um, cross-chain token as well, meaning that this value can be moved across several blockchains it was very important that we use a system we developed called social media verification, where we take social media accounts, or whether it be traditional standard ones or social media over the blockchain. And this was a way for us to identify unique accounts to stop double spending with Bitcoin. And that's very important to how BitcoinMYK can operate and move its value across several blockchains in order to prevent the double spending. Otherwise, we just have people just making up accounts and going over, you know, doing this over and over again. Now, this solves a lot of issues as of course a lot of Bitcoin holders want total anonymity. We have been getting comments that people just wanted their Bitcoin MYK tokens delivered to them. This will happen now on March 31st, over 500,000 wallets of Bitcoin. Now to understand what happens after that point, after about a period of about a week, or it could take up to a week or two weeks to get all these tokens delivered in your wallet to complete the fork. What happens after that? Is people after the snapshot is done, to understand the mechanics of BitcoinMYK, you can continue to claim BitcoinMYK tokens after the snapshot. And the reason that is, is because of this system, this unique system we developed called the social media verification system. That means we can continue to identify unique accounts to the Bitcoin holders However, for people who want total anonymity, they will— if we compare this to the Lightning Network, the data and information is going into this hub, right? And the people you're in the transaction with, that's the data that's being communicated just to that person. With us, it's a very similar situation, an option to Bitcoin Lightning. And that the only data that's communicated is between you and the hub. Now the hub is elected by the community. We will be holding elections and there will be these hubs all over the cryptocurrency space to facilitate this value being able to bridge across several blockchains. So the anonymity part is or the only data disclosed will be between you and that hub. Then you can send your value across all of these several blockchains that will be a part of. But as some Bitcoin holders are concerned about anything like that, then they will be able to take advantage of this, the first step in the snapshot occurring on March 31st. So they'll have several options. They can either make sure they have the Bitcoins in their wallet at this time, make sure they have enough Bitcoin in their wallet like in traditional forks to get more Bitcoin MYK, uh, either that or just buy Bitcoin MYK, or they can opt to use the Bitcoin Wave Network, which is again the ability to just buy Bitcoin, mine Bitcoin, and claim Bitcoin MYK tokens continually without being concerned about the double spend. So that's how that works. Now the next part is, in most forks, there's going to be a series of unclaimed tokens for whatever reason. Um, it could be that people have lost their passwords, or unfortunately it could be that some people are deceased. Whatever the case may be, some forks choose to do a variety of things with those tokens, whether they just remain locked up or they burn them or whatever happens to them. With us, it's a little bit different. As BitcoinMYK, tries to be unique, tries to address some of the issues in Bitcoin, and at the same time promote mass adoption. Our research has shown that with the rising sentiment in politics and policies, specifically in the United States, or a great deal in the United States and across the world, that universal basic income is a hot topic right now. And many of us believe it's a mass adoption vehicle. Uh, tokens like EOS believes it's a mass adoption vehicle. Tokens like Telos believes it's a mass adoption vehicle. And so what we're doing is those tokens that don't get claimed, they do— they go back into circulation and they are administered through our hubs to, uh, for universal basic income, meaning everybody can claim some as a monthly stipend. Everybody qualifies, uh, and these tokens will work and be reduced or increased in ratio to value, uh, of the trading value of our tokens in relation to the price of Bitcoin, right? We have a lot of more information on the website. We'll leave a link in the description for you to get, uh, all the details about that. But the most important part right now is this is a Bitcoin fork and you can claim your Bitcoin tokens. There are over 500,000 wallets on the Waves exchange. This will make the Bitcoin MYK token one of the largest wallets in cryptocurrency. Not the biggest, not in it, probably in the top 10 or something like that, but definitely up there. As this token will be distributed around to a great deal of people. You don't have to do anything but hold Bitcoin, uh, on your, uh, wallet over the course of, uh, up to March 31st when the snapshot will be taken. Uh, please make sure you share this video. We want to make sure everybody is able to claim their BitcoinMYK tokens as this snapshot will be taken on March 31st, and that will be it for that. at that point in time, they will have the option of using the Bitcoin Wave Network to claim, uh, and they will have to decide if that's the route they want to take in that to be able to have this value moved across several, um, blockchains. Uh, if you're a Steemit user, that might be a better option for you. Uh, you can also, uh, verify your Bitcoin, uh, wallets through the Steemit Network, and that might give you a lot more anonymity as opposed to, uh, claiming through our standard social media verification platform. But that's— it's going to be all quite interesting to see what happens with BitcoinMYK over the course of the month. And we're very excited about that. If you all have any questions, please feel free to contact us. We will be more than happy to assist you and help you. There is live support over on the website as well. And that's all I want to say in this video, guys. If you like content like this, Don't forget to like, subscribe. Don't forget to share this very important video. And until next time, take care.