How will this work?
STELLAR XLM is an excellent bet on the future A team almost all of RIPLLE XRP. That is to "SELL" the technology to the banking sector, but the "decentralized" spirit for payments without intermediaries with low rates and made quickly is all in STELLAR.
June 26, 2018: Take a snapshot of the block chain in the first mine block after midnight June 26 (UTC / GMT). This snapshot will record the currency balances of all bitcoin accounts at that time.
June 27, 2018: They have posted claim page at 11am (PDT), allowing bitcoins holders to verify that they control a given bitcoin address. Then, send a batch parcel from that address to the supplied Stellar account.
CHANGES THAT SUPPORT AUTOMATICALLY
(Automatically credited to your account)
Kraken
BTC38
Poloniex - Update on participation
Deribit
Yuanbao
NaoBTC
Bit-Z
WALLETS SUPPORTING AUTOMATICALLY
Bitcoind
Bitcoin-qt
Electrum
Mycelium
Trezor
Nano
I LEAVE AN EXAMPLE
At snapshot time
16,215,950 existing bitcoins
Rachel has 10 bitcoins
Rachel can claim
16,000,000,000 * (10 / 16,215,950) = 9,866.83 lumens
Calculation
Rachel has .00006167% of the existing bitcoins at the time of the snapshot.
Its 9,866.83 lumens are therefore equal to 0.00006167% of lumens yielded.
REMEMBER WHO DOES TRADE, THAT ALOTCOINS DETENTOR (Other currencies other than Bitcoin). They will exchange their coins for Bitcoin leading to a price increase of Bitcoin by that time .. Logically after this complete process will sell again the Bitcoins which had led to a descent