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Main => Technical Support => Topic started by: Chris4210 on September 14, 2015, 09:30:04 am

Title: BTS 2.0 immegration - only BTS on the Blockchain?
Post by: Chris4210 on September 14, 2015, 09:30:04 am

Hi all,

Since the BTS 2.0 upgrade is announced I was wondering how it all will go down.

All current BTS  on the Blockchain 0.9.2 will be transferred to the new Graphene blockchain right? 1=1

What is with BTS 0.9.2 which are not on the Blockchain directly? Like those who are on Poloniex , BTC38 or CCEDK? Will those also immigrate?

Or should we transfer all our BTS to the 0.9.2 blockchain to get transferred too?

Thank you for your answers.

Cheers Chris

Title: Re: BTS 2.0 immegration - only BTS on the Blockchain?
Post by: xeroc on September 14, 2015, 10:08:46 am

Quote from: Chris4210X on September 14, 2015, 09:30:04 am

Hi all,

Since the BTS 2.0 upgrade is announced I was wondering how it all will go down.

All current BTS  on the Blockchain 0.9.2 will be transferred to the new Graphene blockchain right? 1=1

Right

Quote from: Chris4210X on September 14, 2015, 09:30:04 am

What is with BTS 0.9.2 which are not on the Blockchain directly? Like those who are on Poloniex , BTC38 or CCEDK? Will those also immigrate?

Depends. If the exchange honors the upgrade (and they certainly should).
It may only take some time for the exchanges to implement the new client into
there infrastructure.

Quote

Or should we transfer all our BTS to the 0.9.2 blockchain to get transferred too?

You should never hold to many funds in any centralized exchange.

Title: Re: BTS 2.0 immegration - only BTS on the Blockchain?
Post by: Chris4210 on September 14, 2015, 06:38:45 pm

so Poloniex will upgrade too and i will be able to send the bts on Poloniex to my wallet again. They will have the same value as the ones on the blockchain?

thanks for your help Xeroc

Title: Re: BTS 2.0 immegration - only BTS on the Blockchain?
Post by: xeroc on September 15, 2015, 08:03:44 am

Quote from: Chris4210X on September 14, 2015, 06:38:45 pm

so Poloniex will upgrade too and i will be able to send the bts on Poloniex to my wallet again. They will have the same value as the ones on the blockchain?

As long as poloniex doesn't get hacked or runs a fractional reserve they should be 1:1, yes

Title: Re: BTS 2.0 immegration - only BTS on the Blockchain?
Post by: santaclause102 on September 15, 2015, 08:40:55 am

Quote from: Chris4210X on September 14, 2015, 06:38:45 pm

so Poloniex will upgrade too and i will be able to send the bts on Poloniex to my wallet again. They will have the same value as the ones on the blockchain?

thanks for your help Xeroc

Depends completely on poloniex...You shouldnt realy on it...If i had to make a guess though I guess it would be 99% likely that an exchange like poloniex honors the upgrade.. to me that would still be too risky...