Stellar.org announced a lumen giveaway program for Bitcoin holders, reserving 19 billion lumens (19% of initial supply). Starting July 5, 2016, Bitcoin holders can claim lumens proportional to their BTC holdings through a claim page or participating exchanges.
Stellar.org announced a major lumen distribution program targeting Bitcoin holders, reserving 19 billion lumens from the initial supply. The first round begins July 5, 2016, distributing 3 billion lumens to Bitcoin holders based on a snapshot taken July 4. Bitcoin holders can claim lumens through a web claim page or participating exchanges like Kraken, Poloniex, and BTC38. The article explains the claim process, regulatory restrictions for certain jurisdictions, and how the distribution calculation works. Stellar also outlined key differences from Bitcoin, including its federated Byzantine consensus algorithm, lack of mining, and 1% annual inflation rate.
