New Bedford — changing the rails under a moving train

Why move the ledger

Mobick’s 2019 mainnet was a hard fork of Bitcoin, so it carried ten years of Bitcoin’s ledger plus clutter like wallets handed to acquaintances in 2019 and later blocked. In the 24 December 2025 stream, Oh Taemin called it a temporary home and announced a move to a permanent one.

Two reasons:

Smart money — attach a sidechain (layer 2) to the new mainnet so smart contracts like consols and lending can run. The mainnet becomes a registry of state rather than a high-throughput payment rail, and proof of work stays.
Getting ready to go public — per a 20 August 2026 members-only stream, opening the old forked ledger to public mining could let big miners tangle it. A clean ledger holding only final balances can go public safely.

The name: a port that lit the world

New Bedford, Massachusetts, was the world’s greatest whaling port in the 19th century. Captain Ahab sails from it in Moby-Dick — the novel behind Mobick’s name. Whale oil lit the world’s nights, so the city’s motto is Lucem Diffundo, “we spread light.” For a project whose philosophy is “whale hunting,” no name fits better.

Read blocks #0 and #1 yourself

The new mainnet’s first block was created on 11 January 2026 at 00:00 UTC (09:00 in Korea). Like Bitcoin’s block 0 with its newspaper headline, it carries words. Press the button and this page asks the explorer directly and decodes the coinbase hex into text.

#0—Explorer ↗

coinbase scriptSig (hex)

—

As text

—

#1—Explorer ↗

coinbase scriptSig (hex)

—

As text

—

FIG. 1Coinbases of new mainnet blocks #0 and #1, read live from the blockchain.mobick.info API.

#0: Nova Bedfordia - Lucem Diffundo (New Bedford, We light the World). As with Bitcoin, the genesis reward is unspendable.
#1: the short tag OTVS (Otaverse) and 19,687,503.125 BMB to one address — all user balances and public goods to be migrated, in a single block, later split out to users’ UTXOs and the new public-goods wallets. From block #2 the reward is back to 3.125 BMB.

382,060 moves

The plan was to move everything on 11 January, but coordination with LBank pushed the actual migration to the Lunar New Year holiday, 17 February 2026, with both chains running side by side meanwhile. It was carried out on a live stream.

Balances were not copied as numbers. As the basics track showed, a balance is a sum of UTXOs, so each UTXO was verified and rebuilt on the new ledger. Each dot below is one UTXO — all 382,060 of them.

Old chain2019.01 – 2026.02

Block #1 · “OTVS”2026.01.11

New mainnet ledger2026.02.17 done

UTXO: 0 / 382,060
Addresses: 0 / 235,230
User balances moved (BMB): 0 / 3,879,641.131

The old chain did not move over wholesale

MovedUser balances only: 382,060 UTXOs at 235,230 addresses, 3,879,641.131 BMB in all, each verified and moved. That is the number above.
ConsolidatedPublic goods: scattered across many wallets and mixed with amounts burned or blocked over the years, they were tidied up and consolidated into new public-goods wallets.
Left behindThe Bitcoin ledger copied in at the 2019 fork. It is not on the new mainnet; the old records live only in the legacy explorer — one reason whale hunting changed method.

FIG. 2The New Bedford migration. Dot count, address count and total are official; the amount per dot is illustrative. Use the slider to scrub.

Item	Figure
Addresses migrated	235,230
UTXOs migrated	382,060
User balances migrated	3,879,641.131 BMB
Public goods	Scattered wallets and burned or blocked amounts tidied into new public-goods wallets
Not carried over	The Bitcoin ledger copied in at the 2019 fork (kept only in the legacy explorer)
New genesis	11 January 2026, 00:00 UTC
Migration complete	17 February 2026

What about whale hunting?

The old chain held Bitcoin’s ten-year ledger, originally meant for letting dormant Bitcoin holders claim Mobick. The new chain dropped it. Abandoned? The 24 December 2025 answer was “no, the method changes”: for example, copy a dated Bitcoin ledger into a separate chain and let people claim Mobick by signing in an app. No date or ratio has been set.

Summary

New Bedford dropped the forked Bitcoin ledger and moved to a clean mainnet with final balances only.
#0 reads “Nova Bedfordia - Lucem Diffundo”; #1 holds “OTVS” and 19,687,503.125 BMB.
On 17 February 2026, user balances — 382,060 UTXOs (235,230 addresses, 3,879,641.131 BMB) — were verified and moved one by one. Not the whole old chain: what was not needed was left behind and public goods were consolidated.
Purpose: smart money and readiness to go public. Whale hunting continues in a new form.