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Coinbase Ethereum Zero Fork

Etherzero - A Revolutionary Ethereum Hard Fork, Forking On 19th Jan 2018 - The Bitcoin News

Etherzero - A Revolutionary Ethereum Hard Fork, Forking On 19th Jan 2018 - The Bitcoin News

EtherZero is coming back, dont miss the chance to join us this time! The new Ethereum hard forkEtherZero was cancelled for a short time. However we are coming back with the support and favor by lots of EtherZero fans! EtherZero wish to become the most successful Ethereum hard fork that the history has ever had. So now lets find out together what the EtherZero really is and what on earth outstanding charateristics they have: Allocation: Total supply is about 116 million ETZ Reserve 20 million ETZ for subsequent development Newly increased: about 6 million ETZ per year (about 5% inflation and declining year by year) Currently EtherZero team is made up by 20 people, these people are from different country, also we are cooperating with many famous DAPP development workshops from India and East Europe, most of our team member are professional DAPP developers, although we are not famous for now, the techniques are no questioning here. high scalability, Allow DAPP to be used by mainstream people You may be curious about the masternode sytem, here is a more specific explanation of it: Our idea is to improve and stabilize the market value of ETZ, and we are trying to get ETZs market value at 10% of the Ethereum in the short term. The masternode can benefit more cash users. We expect the initial access node to be 10 thousand ETZ, 45% of the rewards to the miners, 45% to the masternodes, and 10% to the self-governing communities. If EtherZero made its market value up to 10% of the Ethereum, the unit price would reach 70 US dollars theoretically. We welcome those who are interested to join EtherZero node system. Based on the DAPP in the Ethereum, the deployment of the ETZ chain can be completed after a few changes. The ETZ team will give a detailed technical change plan in the fut Continue reading >>

Great News For Coinbase Eth Holders!! You Heard It Here First!!

Great News For Coinbase Eth Holders!! You Heard It Here First!!

After Coinbase dropped the ball on the Ethereum Hard fork Brian Armstrong (Coinbase CEO) decided it was his responsibility to credit holders of ether their right to their ETC (Ether Classic). I find this to be an incredible gesture by Brian and the Coinbase team!! Now holders of ether at the time of the Hard Fork will be credited ether. Here is the ETC FAQ on the Coinbase support page below. Welcome to the Ethereum Classic (ETC) Support Page. Below please find answers to a few frequently asked questions about Coinbases plan to credit customers with ETC. On July 20th, 2016 Ethereum executed a hard fork, or a change in the way the Ethereum protocol works. The majority of the mining hashing power supported the hard fork which is currently known as ETH or Ethereum. A smaller set of miners supported a shorter chain. This shorter chain became known as ETC. Coinbase is currently configured to support ETH, not ETC. Yes, if you had an ETH balance on GDAX immediately prior to the hard fork or if you sent ETC to Coinbase or GDAX after the hard fork. We've decided to make this full amount of ETC available to customers as a credit that can be sent off-platform. If Coinbase does not support ETC wallets or trading, why make credits available at all? As the price of ETC increased, some customers requested that Coinbase make ETC available for withdrawal. We want to be the most trusted place to store digital assets, and this felt like the right thing to do for our customers. We are working as quickly as possible to make a secure procedure available to send ETC credits off-platform. We expect to have this available in the near future and will provide regular updates to the community via Twitter or the Coinbase blog. We will provide a special-purpose Coinbase webpage to send your ETC cred Continue reading >>

2018 To Have More Hard Forks Than Ever Before What To Expect

2018 To Have More Hard Forks Than Ever Before What To Expect

Depending on where you stand when it comes to potentially contentious hard forks, and also what currencies you hold, hard forks can be either a blessing or a curse. Anyone who held bitcoin in early 2017 ended up with an equal amount of bitcoin cash which has proven to be quite valuable. They would have also become holders of bitcoin gold , bitcoin diamond , bitcoin clashic, and several other bitcoin forks that occurred in 2017. While this may seem like free money, it can also potentially create an unwanted tax liability. With 2018 now upon us, there are already dozens of forks that are set to occur and create additional blockchain assets. Whether we want them or not. Some forks dont intend to create new currency, but instead are intended to resolve issues or to implement updates.One such update is the impending Ethereum Casper , which will transition Ethereum from purely proof of work to proof of stake. Another point of difficulty with hard forks is how are the newly created assets claimed by someone who owned equivalent assets on the original chain? This has caused a large amount of confusion, and has even resulted in the loss of assets due to people not understanding how to get their forked assets. For example, a not insignificant number of people were scammed for theirprivate keys when visiting a phishing site that claimed to allow them to check on the balance of, or get access to, their bitcoin gold. Therefore it is highly recommended that those wishing to access their forked assets do so in a manner that is in accordance with a well respected and recommended guide. They should also know that under no circumstances should they give out their private keys. Contentious Bitcoin Cash Fork. Image via Fotolia The superstar fork of 2017 was undoubtedly bitcoin cash . Prom Continue reading >>

2018 Recent And Upcoming Bitcoin Hard Forks: What You Need To Know

2018 Recent And Upcoming Bitcoin Hard Forks: What You Need To Know

2018 Recent and Upcoming Bitcoin Hard Forks: What You Need to Know If you thought Bitcoin Cash , Bitcoin Gold , and Bitcoin Diamond were excessive, weve got a surprise for you: Bitcoin has 7 forks lined up going into the new year. Thats rightsix shiny new mints bearing Bitcoins name. Super Bitcoin, Lightning Bitcoin, Bitcoin God (no joke) Bitcoin Uranium, Bitcoin Cash Plus, Bitcoin Silver, and Bitcoin Atom are slated to launch throughout the holidays and going into the New Year. This will double the number of forked currencies within the a couple of months, leaving the market with 8 total Bitcoin derivatives to choose from. For those that dont know, a hard fork is a method for developers to update and alter Bitcoins software. Once Bitcoin reaches a certain block height, miners switch from Bitcoins core software to the forks version. After this split, miners begin mining the new currencys blocks, creating a new chain entirely and a currency to go with it. Bitcoin Cash was the first hard fork to occur on Bitcoins blockchain, followed by Bitcoin Gold and Bitcoin Diamond. As you can probably imagine, hard forks have become a hot topic within the crypto community. Many believe that they are necessary for improving the network and solving Bitcoins scalability issue, as with Bitcoin Cash. Others have criticized them as money making schemes, as anyone holding Bitcoin at the time of a fork receives an equal share of the new currency. Whether you love em or hate em, its important to understand what each fork is and what it wants to accomplish, and given the number coming up, theres a lot of information to digest. Thats why we compiled info on each fork into these manageable chunks, to make that research a bit easier to swallow. Time to dig in. The first of our new forks, Super B Continue reading >>

Will Coinbase Distribute The New Etherzero Coins At The Upcoming Hard Fork?

Will Coinbase Distribute The New Etherzero Coins At The Upcoming Hard Fork?

Devin Milsom , Blockchain Enthusiast, Investor and Blogger Answered 8w ago Author has 377 answers and 2m answer views Nope, Coinbase and many exchanges are avoiding this fork. Ether Zero was another fraudulent fork, these are very common. It is important to do your due diligence when investing in cryptocurrencies. Many hard forks are created with the intent to steal your cryptocurrency. Ether Zero was reportedly asking for peoples private keys - this is a dead giveaway that it is a scam! If you want to learn more about cryptocurrencies check out my blog: www.cryptoinvestorsblog.co.uk P.S. If you sign up, youll receive an exclusive email that details the top 5 cryptocurrencies I invest in and why. Alex Jones , Managing Director (2017-present) Answered 9w ago Author has 294 answers and 49.5k answer views Bitcoin-(crypto currencies buy & sell)) - Android Apps on Google Play A Bitcoin is an incentive provided by the Bitcoin network to the miners to ensure they behave well (i.e align to the expectations of the network and do not try to game the system). It is an ingenious solution to a computer science problem called Byzantine Fault Tolerance. This incentive forces participants of the network to behave well and ensure their nodes are always up and running. A Block is created approximately 10 minutes. I say approximately as the network readjusts difficulty levels for the miners,keeping the average about 10 minutes. Since the block reward is 12.5 Bitcoins it works out to 1800 Bitcoins a day EthZero was cancelled. But for future reference Coinbase has a bad rap when it comes to hardforks. They usually tell their users to move their coins to another exchange or to a wallet that supports the hard fork. Binance and Kucoin are much more hard fork friendly. Binance will support all Continue reading >>

Upcoming Bitcoin Forks In 2018 Heres What To Watch For

Upcoming Bitcoin Forks In 2018 Heres What To Watch For

Last updated on March 26th, 2018 at 10:57 am Back in August 2017, the first coin created from a Bitcoin fork came into existence: Bitcoin Cash . However, since then, two other coins have also been forked from Bitcoin: Bitcoin Gold (October 2017) and Bitcoin Diamond (November 2017). Most people are still wondering what these forks are, how they happen, and how one can profit from them. Heres my take on all of this. We discussed Bitcoin forks back when Bitcoin Cash was just coming out. If you want the full explanation, you can read the original post. If you want the quick and dirty explanation,keep on reading this post. A fork is basically an alteration of the current Bitcoin code (or protocol). It means someone is changing the rules. Imagine youre playing a game with thousands of people from all around the world and then someone says, Lets change the rules. Normally, for the game to work properly, everyone needs to agree on the rules being changed. If that happens, then the change is implemented and everything continues as normal. If there isnt a large consensusabout the change, two versions of the game will be created (one with the old rules and one with the new rules)in other words, there will be a fork in the game. The same can happen with Bitcoins code. Generally speaking, when a fork happens, youll have an original Bitcoin and a new Bitcoin. For example, Bitcoin Cash changed the block size from 1 MB to 8 MB so more transactions could be processed with each block. There were those who supported this change and switched to a new coin called Bitcoin Cash (or Bcash), and there were those who decided to stay with the original rules and keep using the original Bitcoin. Of course, this is a very simplified explanation of forksnot all forks are created equal. There are sof Continue reading >>

Coinbase | Ethereum Hard Fork

Coinbase | Ethereum Hard Fork

The Ethereum foundation plans to promote a hard fork of the ETH network on Tuesday, November 22, 2016 8 A.M. PDT. This will likely cause ETH network instability for a period of time. Customers should expect delays to ETH deposits and withdrawals from Coinbase for up to a few hours after the fork completes. All customer ETH funds will be safely secured on Coinbase during this period. In order to ensure the integrity of all customers' ETH transactions, Coinbase will temporarily suspend deposits and withdrawals from all customer ETH wallets starting Monday, November 22, 2016 6 A.M. PDT. As soon as possible after the fork, Coinbase will resume support for deposits and withdrawals of ETH. Please be advised that Coinbase will support only one fork of the ETH protocol which we determine, at our sole discretion, best reflects the consensus approach. Please refer to this page for more information on the digital currencies supported by Coinbase . Customers may continue to store and trade ETH, as well as engage in ETH transactions with other Coinbase users during the suspension period. Additional information and real-time updates may also be found on our status page . Still can't find what you're looking for? Continue reading >>

Bitcoin Price Likely To Hit $5,000 If Segwit2x Support Declines: Analyst

Bitcoin Price Likely To Hit $5,000 If Segwit2x Support Declines: Analyst

Bitcoin Price Likely to Hit $5,000 If SegWit2x Support Declines: Analyst Tuur Demeester, a prominent bitcoin investor, analyst, and editor in chief at Adamant Research, believes the bitcoin price would surpass the $5,000 mark if support towards SegWit2x declines in the next few days. China May Resume Cryptocurrency Trading But What About SegWit2x? Since early September, the bitcoin price has struggled to recover beyond $4,500 due to uncertainty surrounding the Chinese cryptocurrency exchange market and SegWit2x. Analysts have started to demonstrate optimism towards the possibility of the Chinese government resuming cryptocurrency trading because of the latest report of Xinhua, a state-owned news publication in China. As local Chinese cryptocurrency news source CnLedger revealed: Xinhua News , the official press agency of China: Virtual currencies have become the top choices of underground economies. We shall adopt zero-tolerance policies towards crimes hidden underneath and take measures such as record-keeping, licensing, AML processes, real-name, limiting large transactions. While it is becoming more evident that the Chinese government will resume cryptocurrency trading in the future, it is still too early to predict when the government would impose a national licensing program for cryptocurrency exchanges, as reported by Xinhua. But, uncertainty around SegWit2x is continuing to hold back the momentum of bitcoin and its short-term rally. Several business have pulled out from the SegWit2x NYA agreement and the plan of the Digital Currency Group-led consortium of companies to carry out a hard fork in November. Demeester noted that if support towards SegWit2x declines in the next few days and weeks, the bitcoin price target of $5,000 would be realistic and likely. The ch Continue reading >>

Coinbase | Eth Byzantium Fork Faq

Coinbase | Eth Byzantium Fork Faq

This is a planned upgrade to the Ethereum network. We do not expect any impact to customers. The upgrade to the Ethereum network --codenamed Metropolis--is split into two stages. These two stages will be released one after the other: Byzantium and Constantinople. Byzantium will be released with block # 4,370,000, which is estimated to occur between 5:00 a.m. and 6:00 a.m. PT on Monday, October 16, 2017. What technical changes are included in Byzantium? Improvements to blockchain logic for security (uncle blocks) Additional command options for smart contracts As the Ethereum network grows, the development team periodically adds new features that make the underlying technology more secure and useful. These upgrades happen through the process of whats called a "software fork. Computers running the Ethereum software update their copy of the software to the new version in order to take advantage of the new features. The Byzantium release is part of a schedule of updates that have been planned for a long time. How will this affect me as a Coinbase/GDAX customer? The day before the fork and for a short time after, we will temporarily increase the number of confirmations required for incoming ETH transactions. Incoming ETH transactions will remain pending longer than normal before they become available in your account. Outgoing ETH transactions will not be affected. Continue reading >>

Etherzero Team Cancels Plans To Hard Fork Ethereum

Etherzero Team Cancels Plans To Hard Fork Ethereum

In the world of cryptocurrency, hard forks are seemingly the new altcoins. More specifically, a lot of developers want to hard fork existing currencies rather than build their own coins from scratch. In the case of Ethereum, one of those hard forkswas known as EtherZero. However, this fork has been canceled due to a lack of community support and big trading platforms. Its a very interesting decision, although few people will mind that the fork will not happen after all. It is evident that Bitcoinwas subject to quite a few hard fork attempts in 2017. Bitcoin Cash and Bitcoin Gold are perhaps the most notorious ones, even though Bitcoin Gold is very different from both Bitcoinand Bitcoin Cash. It is evident that this way of creating currencies will affect altcoins in the future as well. While the concept of taking existing code and turning it into anew project is not uncommon, it seems developers are far too keen on creating hard forks and airdrops right now. Thats not a favorable course of action by any means, as most of these hard forks serve no purpose whatsoever. The first altcoin to have receivedsuch hard forks/airdrops is Ethereum. Given Ethereums position in the world of cryptocurrency, that is not entirely surprising. It is evident that people like whatthis project has to offer andwish to make a quick buck from introducing so-called hard forks. Moving away from the original codebase for no apparent reason usually means the new fork is just a money grab which serves no real purpose. This is very different from how Ethereum Classic was created, as this currency exists due to ideological differences between parts of the Ethereum community regarding the bailout of The DAO. The first major Ethereum hard fork which was set to occur in 2018 is EtherZero . Although most Continue reading >>

Ethereum ($eth) - Etherzero Hard Fork - Coin Calendar

Ethereum ($eth) - Etherzero Hard Fork - Coin Calendar

Fork height: 4936270 - Block time: Jan 19th 2018 GMT 19:00-21:00 Fork height: 4936270 Block time: Jan 19th 2018 GMT 19:00-21:00 I have my ETH on a Nano s, so how do I collect the ETZ tokens? Amazingly there appears to be little info available on this. Hello ! if I have eth in Jaxx wllet, its ok to get ETZ. do I have to do something else or will they automatically enter? If I bought the ETZ, the ones I bought the spoils went in automatically? How much ETZ will I get for an ETH. Thanks in advance Hello ! if I have eth in Jaxx wllet, its ok to get ETZ. Do I have to do something else or will they automatically enter? If I bought the ETZ, the ones I bought the spoils went in automatically? How much ETZ will I get for an ETH. Thanks in advance You need to have the ETH on a personal wallet (Ledger Nano, Trezor, KeepKey, MyEtherWallet etc.) otherwise the exchange will receive the ETZ. You can do this temporary and then receive the ETZ on the ETZ blockchain/or wallet. Also dont keep your crypto on an exchange for a long period of time. First of all, no white paper (link says coming soon, been like that forever). Why are you buying something you have no clue. Second of all, its unclear if this is an ICO with new tokens being issued (there is a link to buy into it) or if its a fork (you get ethzero for eth 1:1) or both. If its both, then people buying in get 200 ethzero for 1 eth. People not buying in get 1:1 for their eth. 200 times more for buying it? Smells like scam. Buying in was to enforce support to integrate the ETZ to exchanges. Exchanges ask money and tokens to be placed. Therefor funds need to be collected. So far 500k has been raised. There are no new tokens since its just a copy of the ETH blockchain, so on the new blockchain the main token is ETZ instead of ETH. How Continue reading >>

Bitcoin's Biggest Unresolved Tax Question: Hard Forks

Bitcoin's Biggest Unresolved Tax Question: Hard Forks

Bitcoin's Biggest Unresolved Tax Question: Hard Forks By David Floyd | Updated January 10, 2018 11:19 AM EST How Coinfloor's Bitcoin Futures Differ from CME, CBOE Whenever you get free money, the taxman wants a piece. These windfalls couldstarthappening fairly frequently for bitcoin holders through events known as hard forks, but depending on how the IRS chooses to treat the windfalls, anapparent blessing could be a curse in disguise. (Thissection describes the high-level mechanics of cryptocurrency forks. If you don't need a refresher, skip ahead .) Cryptocurrencies such as bitcoin and ethereum are subject to hard forks (ethereumitself is the result of one): the creation of new coins by a process akin toplants budding,cells dividing, or snakes sloughing off dead skin the choice of metaphor depends on your feelings about a particular fork. Theprocess isn't automatic or inevitable human intervention is required but it's outside of any individual user'scontrol, and it's begun to happen more and more frequently. Bitcoin's first hard fork created bitcoin cash in August 2017, but there have been at least 20 since: Bytether, Bitcoin Classic, Bitcoin Gold, Bitcoin Diamond, UnitedBitcoin, Bitcoin Hot, Super Bitcoin, etc. Arecent article in Bitcoin Magazine described "forkcoins" as "all the rage right now."Next up: Bitcoin Private. To understand what a fork is, picture a simplified bitcoin blockchain with three participants.When a new block is found, we get a snapshot of Alice, Bob and Carol's bitcoin (BTC) holdings;then they transact with each other for around 10 minutes (Alice sends Bob 5 BTC in block 1028, for example), and we get another snapshot. But say that a hard fork occurs at block 1029. A new cryptocurrencywe'll call BTC, perhaps governed by different consensus rules Continue reading >>

Wtf Is Bitcoin Cash And Is It Worth Anything?

Wtf Is Bitcoin Cash And Is It Worth Anything?

WTF is bitcoin cash and is it worth anything? Early yesterday morning bitcoins blockchain forked meaning a separate cryptocurrency was created called bitcoin cash . The way a fork works is instead of creating a totally new cryptocurrency (and blockchain) starting at block 0, a fork just creates a duplicate version that shares the same history. So all past transactions on bitcoin cashs new blockchain are identical to bitcoin cores blockchain, with future transactions and balances being totally independent from each other. For practical matters, all this really means is that everyone who owned bitcoin before the fork now has an identical amount of bitcoin cash that is recorded in bitcoin cashs forked blockchain. But its not exactly this easy. If you control your own private keys, or hold your bitcoin in an exchange that said it would credit users balances with bitcoin cash, youre fine and can access your newfound cryptocurrency right now. If you held your bitcoin with a provider like Coinbase, which said before the fork they arent planning on distributing bitcoin cash to users or even interacting with the new blockchain at all, then you may be out of luck. Update for customers asking if Coinbase is keeping their bitcoin cash (BCC) pic.twitter.com/gamiKDTVmx To be clear this doesnt mean companies like Coinbase and Gemini are taking your bitcoin cash for themselves. Its just that they think its a distraction and not really going to be worth anything in the long run. If this proves to be false and the coins hold value, these companies will most likely end up distributing them to users. If you know anything about cryptocurrencies you know there are a ton of them. Like thousands of them . Some are legitimate and substantially different (arguably better) than bitcoin, and some Continue reading >>

Double Your Bitcoins With The Coinbase Ethereum Exchange Bug

Double Your Bitcoins With The Coinbase Ethereum Exchange Bug

Double Your Bitcoins With The Coinbase Ethereum Exchange Bug The launch of Ethereum Classic and its support by the community has raised a lot of questions. More particularly, what about the exchanges where users can buy Ethereum with Bitcoin and then have it sold back to double their holdings? Apparently, such a scenario is possible when using Coinbase, GDAX, and Poloniex, according to several Twitter users. The concept of this entire procedure is very simple and straightforward, although it is not advisable to do so. One Twitter user mentioned how it is, in theory, possible to double ones Bitcoin by using Ethereum and Ethereum Classic. To pull these attacks off, however, users will need to verify their identity with at last two out of three platforms involved. Do keep in mind these companies can sue users for exploiting this loophole if they wanted to. It is not entirely surprising this method involves two exchange platforms which do not support Ethereum Classic at this stage. In fact, both GDAX and Coinbase have been dabbling around with Ethereum for a just a short while. As a first step, Bitcoin holders would need to transfer BTC funds to their Coinbase wallet. Once the funds cleared, send it from Coinbase to the GDAX exchange as soon as possible. Users can exchange Bitcoin for Ether on GDAX albeit they can do so on Coinbase as well and the obtained ETH funds need to be transferred back to Coinbase. From that wallet, users should then sluice the funds to Poloniex, in the hopes of having their account credited with both ETH and ETC at the same time. Pulling off this exploit is still possible if one is lucky enough to buy Ether from Coinbase, which were not moved before the hard fork. Since the exchange put zero preparation into avoiding replay attacks from happening, Continue reading >>

Etherzero Hard Fork Coming January 19, 2018 What You Need To Know

Etherzero Hard Fork Coming January 19, 2018 What You Need To Know

A new fork of Ethereum, called Ether Zero , is on its way. It claims the potential to be the most successful Ethereum hard fork that history has ever had. Currently, the Ether Zero (ETZ) team consists of 20 people from India and East Europe. They claim to be unknown at the moment, but their techniques are no questioning here. On its webpage , ETZ is stated to be built daily using DAPPs with EtheZero Platform. EtheZero have all the deam features of all Dapp developers needed: 0 TX fee,instant pay and high scaling of thousands of TPS. Made by Dapp developers, for Dapp developers. Its main features include Instant payment, Zero Tx, High scalability and a Two layer network system. Its developers expect ETZ to have an initial capitalization of 10% of Ethereums current. This should give an Ether Zero the price of $70. Allocation: Total supply is about 116 million ETZ Reserve 20 million ETZ for subsequent development Newly increased: about 6 million ETZ per year (about 5% inflation and declining year by year) You can contact the ETZ team via these addresses: Continue reading >>

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