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Crypto Forks 2018

Bitcoin Cash Approaches $1,000 Ahead Of Hard Fork

Bitcoin Cash Approaches $1,000 Ahead Of Hard Fork

Bitcoin Cash Approaches $1,000 Ahead Of Hard Fork I am a financial writer and consultant who focuses on investments. Opinions expressed by Forbes Contributors are their own. Bitcoin Cash rallied ahead of the pending hard fork. Shutterstock Bitcoin Cashclimbed today, nearing $1,000 as traderspurchased the digital currencyin anticipationof next month's hard fork . The alternative protocol asset (altcoin) rose to as much as $983.58 today, CoinMarketCap figures revealed. At this point, Bitcoin Cashwas up roughly 11.3% over the last 24 hours, additional CoinMarketCap data showed. Further, the cryptocurrency had risen more than 60% from the recent low of $603.71 it reached on April 6. [Ed note: Investing in cryptocoins or tokens is highly speculative and the market is largely unregulated. Anyone considering it should be prepared to lose their entire investment.] As digital currencies experience rising adoption, scaling remains one of the biggest challenges to their success, notedanalystSebastio Coelho. "Before we see mass adoption of cryptocurrencies, we need to see a significant reduction in the time it takes to process transactions," saidCoelho, CMO of Flashmoni , a blockchain company creating financial solutions for the unbanked and underbanked. Bitcoin Cash was created with these considerations in mind,using 8MB blocks instead of the 1MB blocks used by the more traditional Bitcoin. The upcoming hard fork, scheduled for May 15,will give Bitcoin Cash 32MB blocks, expanding its capacity for processing transactions. Further, thenetwork upgrade will add or reactivate several operation codes, notedJames Song, founder and CEO of blockchain startup ExsulCoin . "This means simplified smart contracts will be possible on the bitcoin cash blockchain," he stated. "This particular bit 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 >>

New Protocol: Bitcoin Cash To Hard Fork In May 2018

New Protocol: Bitcoin Cash To Hard Fork In May 2018

New Protocol: Bitcoin Cash to Hard Fork in May 2018 Join our community of 10 000 traders on Hacked.com for just $39 per month. The lead developer of full-node client Bitcoin ABC Amaury Schet has confirmed that Bitcoin Cash (BCH) will fork on May 15 to allow for bigger block sizes along with some other adjustments. Bitcoin ABC developers have also made the codebase for the client Bitcoin ABC 0.17.0 available for download ahead of the launch, with the new consensus rules included. The change is scheduled for May 15 at 12:00:00 UTC and will take place based on Median Time Passed (MTP) instead of at a set block height. Developers released an announcement saying when the median timestamp of the most recent 11 blocks is equal to, or greater than1526400000, then the new consensus rules shall apply to the next block. The exact time of activation depends on the time this block is found. The two main features are instant confirmation and scaling block size will increase up to 32MB with the new fork to allow for greater volume and speed of transactions. In an interview at the Satoshis Vision conference in March, Sechet described the scaling change as allowing Paypal-like volume of payments. Operational codes are being rewritten and added as well to introduce Ethereum-like characteristics,with the updated OP-codes and colored coin technology potentially enabling representative assets and basic smart contracts. Schet went on to voice his support for having multiple implementations of Bitcoin Cash from other development teams behind clients like Bitcoin Unlimited and Parity. Schet feels that multiple implementations of the protocol help keep things running smoothly: Its important to have several implementations for two reasons: the first is a technical reason. If there is a bad bug Continue reading >>

Free Coins!!! Upcoming Cryptocurrency Hard Forks/coin Swaps And Airdrops For April 2018

Free Coins!!! Upcoming Cryptocurrency Hard Forks/coin Swaps And Airdrops For April 2018

Hard forks/coin swaps are a phenomenon unique to cryptocurrency. When the technology underlying a cryptocurrency is changed in a radical way, it is called a fork. This change to the blockchain can occur for many reason; to upgrade the blockchain protocol, fix bugs in the blockchain, create a new currency or refurbish an old one. Examples of recent forks include; this is a simplified image of the change a blockchain undergoes While used for a variety of reasons, a hard fork which creates a new cryptocurrency is often very interesting to enthusiasts and traders. By simply holding a crypto in the proper storage wallet, an individual can often receive FREE coins of a new forked currency when a hard fork occurs. This can be a very profitable experience. The following list should be helpful. The following cryptocurrencies have upcoming forks scheduled in which free coins will be given or old coins will be swapped out to new coins. There may be good profit in researching these cryptos and taking advantage of the free coins given during the forks. April 03, 2018 - BELA swap. BELA holders to receive 1:1 ratio of ERC20 BELA tokens April 04, 2018 - LST airdrop. LST holders to receive TRX and XVG April 05, 2018 - CPAY airdrop. CPAY to revenue share 10% of profits to holders April 09, 2018 - BTX airdrop. 8% airdrop to BTX holders April 10, 2018 - KMD airdrop. KMD holders get airdropped BLOCnation ico tokens April 12, 2018 - CAPP airdrop. CAPP holders will be airdropped 7% more CAPP tokens April 13, 2018 - PRL airdrop. PRL to get 1:1 ration of new SHL token. April 15, 2018 - EOS airdrop. EOS holders of 100 or more tokens to be airdropped 1:1 ration of eosDAC tokens April 15, 2018 - CTX airdrop. Monthly profits from CTX app distributed to CTX holders April 16, 2018 - BTX airdrop. Ano Continue reading >>

Dogecoin (doge) Core Developers Distance Themselves From The Upcoming Dogethereum (dogx) Hark Fork

Dogecoin (doge) Core Developers Distance Themselves From The Upcoming Dogethereum (dogx) Hark Fork

Dogecoin (DOGE) Core Developers Distance Themselves from the Upcoming Dogethereum (DOGX) Hark Fork There are many people, cryptocurrency investors alike that still consider Dogecoin (DOGE) a joke at least according to the New York Times report published late 2017. Although the publication that described Dogecoin as a half-baked Bitcoin copy that was developed to dupe gullible people has already been amended; the damaged caused by the misinformation is yet to be repaired. However, Dogecoin seems to be to do fine all the same. One of the four Dogecoin founders, Ross Nicoll, has spent time clearing the myths that were popularised by the New York Times publication. In fact aside from the infamous myths, Dogecoin is in the middle of a project dubbed Doge-Ethereum bridge project. This ongoing development will allow Dogecoin to ride on Ethereum in order for it to be utilized in smart contracts. The project is testing the Ethereum network and is seen as a turning point for DOGE. It will elevate Dogecoin to the standards traders and merchants across the crypto world would like to see. Besides, the Dogethereum Bridge will tremendously scale up Dogecoin transactions improving usability. Nicoll goes ahead to dispel the negative rumours stating that Dogecoin like any other cryptocurrencies undergoes updates, occasional releases as well us usability which is commonly stress tested. On the contrary, Dogecoin (DOGE) is coming up as one of the most used cryptocurrencies in payments. Similarly, it is among the top ten used coins for sending payments. A quote from one of Nicolls interviews reads, We are very very careful with everything we do. Were taking code that is well tested keeping half a billion dollars of peoples money over four years stable. . . Were doing very very very well, T Continue reading >>

Bitcoin Cash (bch) Will Fork May 2018

Bitcoin Cash (bch) Will Fork May 2018

Bitcoin Cash was a result of a hard fork from Bitcoin core in August 2017, and on 15 May2018, it will fork again to update the consensus rules. The update includes various op code revisions but the biggest change is to accommodate 32MB block sizes. Bitcoin core retains the original 1MB block size whereas Bitcoin Cash will continue to use an 8MB block size until the May 2018 fork is implemented. Satoshi Nakamoto secretly introduced a limit to the block size in the core software, fearing that the network would be subject to denial of service (DOS) attacks without it. In the early days of Bitcoin, it was much easier to implement changes as the software wasnt analyzed by the community to the level it is today. The lead developer for Bitcoin Cash, Amaury Schet, has gone on record as saying that the new version 0.17.0 software will facilitate Ethereum-like features to the digital asset. Presumably smart contracts will become possible via the BCH blockchain in due course. A short video is available on YouTube in which Schet outlines some elements of the current roadmap for BCH. The video was recorded at the March 2018 Satoshis Vision conference in Tokyo. Although hard forks are sometimes inevitable, it can have a significant impact on the crypto ecosystem, and there is no guarantee that it will be accepted by the community. For users running a full node, its a fairly painless procedure to upgrade the software to the latest version. However, its not as straightforward for exchanges that support the digital asset since they have to make modifications to their own internal software. Without a trading exchange, the digital asset has very little value, and if an exchange feels that the volume traded is too low, they could choose to remove the digital asset from the exchange rather Continue reading >>

Zcash's Coming Hard Fork Could Pave The Way For More

Zcash's Coming Hard Fork Could Pave The Way For More

Zcash's Coming Hard Fork Could Pave the Way for More Mar 22, 2018 at 08:00 UTC|UpdatedMar 23, 2018 at 13:35 UTC Privacy-focused cryptocurrency zcash is gearing up for its first hard fork. And while that may call to mind bitter debates over development or excitement about free coins, actually zcash's first hard fork - dubbed " Overwinter " - isn't about either. Instead, the cryptocurrency's developer team is hoping to lay the groundwork for more dramatic upgrades in the future. While there are some features being added to zcash in the update, Zooko Wilcox, co-founder and CEO of Zerocoin Electric Coin Company, which develops the network, told CoinDesk, "The purpose of this is to get practice doing network upgrades." As such, the developer team has been carefully informing the zcash community about the process so "they know how to do this regularly from now on," he continued. Most of Zcash's developer energy is focused on perfecting Overwinter, which is slated for June, while also looking ahead to zcash's next hard fork upgrade, called Sapling. This subsequent hard fork will usher in a big change, speeding up transactions on the network while maintaining the same level of privacy the cryptocurrency already provides. Speaking to the names of the upgrades (zcash's software stage is currently called " Sprout "), Wilcox said he foresees a smooth transition. "If you have a sprout, after it has endured cold, it becomes tougher." And should zcash survive this winter, surely, according to its devs, the cryptocurrency will be stronger. While the thinking on forks has shifted some, hard forks have been seen as controversial since they are a kind of governance mechanism that forces users to move along with a technical change. Should the zcash community ride out this first transition Continue reading >>

Cryptocurrency Calendar 1. Cryptocurrency Events On March Coindar.org

Cryptocurrency Calendar 1. Cryptocurrency Events On March Coindar.org

Coindar helps crypto-investors make more money. It's easier to predict cryptocurrency growth, when you know about coming events, such as hard forks or listing on new exchange. Besides it, here you can find some quality forecasts of cryptocurrency price, convenient portfolio for investment accounting, real-time cryptocurrency events monitoring . Continue reading >>

Crypto Hard Forks Tax Guidance Unlikely In Near Term: Lawyers

Crypto Hard Forks Tax Guidance Unlikely In Near Term: Lawyers

Crypto Hard Forks Tax Guidance Unlikely in Near Term: Lawyers For over 50 years, Bloomberg Taxs renowned flagship daily news service, Daily Tax Report has helped leading practitioners and policymakers stay on the cutting edge of taxation and... Allyson VersprilleWashingtonMeg ShreveWashington Temporary rules from the IRS on the tax treatment of 2017 cryptocurrency hard forks would be welcome, but its unlikely the agency will issue guidance anytime soon, tax practitioners told Bloomberg Tax. The American Bar Association Section of Taxation requested a temporary safe harbor for 2017 hard fork transactions in a March 19 letter . A hard fork occurs when theres a change to the software of a digital currency that creates two separate versions of the blockchain. For example, there are three official versions of bitcoin: bitcoin (BTC), bitcoin cash (BCH), and bitcoin gold (BTG). To date, the Internal Revenue Service has published very little guidance in the cryptocurrency space, so I cant imagine that this late in tax-filing season, the agency would decide to issue a ruling on hard forks, said Evan Fox, practice leader in the Digital Asset Advisory Services group at Berdon LLP in New York. Notice 2014-21 , which explains that virtual currencies are property for federal tax purposes, is the only guidance from the IRS. The hard fork issue is something that could potentially affect millions of taxpayers, said Bryan C. Skarlatos, a partner at Kostelanetz & Fink LLP in New York. Because forks occurred for the first time in 2017, affected taxpayers need fast guidance now so that they can prepare their 2017 tax returns, he said in an email. The filing deadline for 2017 tax returns is April 17, with an extended deadline in October. It would, of course, be fantastic if they did provide Continue reading >>

Crypto Market Analysis Hacks, Tax, And Forks The Biggest Drivers Of Q1

Crypto Market Analysis Hacks, Tax, And Forks The Biggest Drivers Of Q1

Crypto Market Analysis Hacks, tax, and forks the biggest drivers of Q1 Josh Olszewicz , 07 Apr 2018 - Cryptocurrency Adoption , Opinion , Regulation The first quarter of 2018 was marked with continued protocol layerinnovations, with heavy declines in prices across the board.Emerging and recurrent themes included transaction fees, microtransactions, increased fiat on-ramps, and regulatory changes.The Commodity Futures Trading Commission (CFTC) and Securities and Exchange Commission (SEC) in the U.S., as well as Japans Financial Services Agency (FSA), made sweeping announcements or changes to the cryptocurrency milieu. In caseyou missed it: The Biggest Stories of Q1 In late January, Coincheck was hacked for~US$400 million in NEM. The exchangereimbursed users with operating profits, which is becoming common practice after a heist. Japanese regulators became increasingly concerned with unregistered exchanges as well as exchange security following the hack. On March 8th, Japans Financial Services Agency (FSA) suspended two Japanese exchange operationsfor 30 days, FSHO and BitStation. In April 2017, Japan passed legislation recognizing BTC as legal tender and as of September 2017, the FSA officially recognized 11 companies as registered cryptocurrency exchange operators. The United States Securities and Exchange Commission (SEC) also released a statement on the unregulated nature of cryptocurrency exchanges. The SEC is particularly interested in exchanges which offer ICOs , which may or may not represent unlicensed securities. While not a direct enforcement notice, the statement was seen as a shot across the bow of any exchange not currently registered in accordance with securities law. The second hearing regarding cryptocurrency regulation with CFTC chair J. Christopher Gia Continue reading >>

List Of Bitcoin Forks

List Of Bitcoin Forks

Bitcoin Cash : Forked at Block 478558, 1 August 2017, For each 1 BTC you get 1 BCH Bytether : Cross fork from Bitcoin to Ethereum blockchain at block 478558, 1 August 2017. For each 1 BTC you get 1 BTH ERC-20 token. Bitcoin Clashic : Forked at Block 478558, 1 August 2017. For each 1 BTC you get 1 BCHC / BCL Bitcoin Gold : Forked at Block 491407, 24 October 2017, For each 1 BTC you get 1 BTG Bitcoin Diamond : Forked at Block 495866, 24 November 2017, For each 1 BTC you get 10 BCD UnitedBitcoin : Forked at Block 498777, 12 December 2017, For each 1 BTC you get 1 UB Bitcoin Hot : Forked at Block 498848, 12 December 2017, For each 1 BTC you get 100 BTH Super Bitcoin : Forked at Block 498888, 12 December 2017, For each 1 BTC you get 1 SBTC BitcoinX : Forked at Block 498888, 12 December 2017, For each 1 BTC you get 10,000 BCX Oil Bitcoin : Forked at Block 498888, 12 December 2017, For each 1 BTC you get 1 OBTC Bitcoin World : Forked at Block 499777, 17 December 2017, For each 1 BTC you get 10000 BTW Lightning Bitcoin : Forked at Block 499999, 19 December 2017, For each 1 BTC you get 1 LBTC Bitcoin Stake : Forked at Block 4999999, 19 December 2017, For each 1 BTC, you get 100 BTCS BitEthereum : Forking on 21 December 2017, For each 1 BTC you get 3.940616 BITE Bitcoin Top : Forked at Block 501118, 26 December 2017, For each 1 BTC you get 1 BTT Bitcoin God : Forked at Block 501225, forked on 27th December 2017. For each 1 BTC you get 1 GOD Bitcoin FILE : Forked at Block 501225, forked on 27th December 2017. For each 1 BTC you get 1000 BIFI Bitcoin SegWit2X X11 Not to be confused with a previous fork SegWit2X with the same name. Forked at Block 501451, 28 December 2017. For each 1 BTC you get 1 B2X Bitcoin Uranium : Forking on 31st December 2017, For each 1 BTC you get 1 BUM. Bi Continue reading >>

All 2018 Cryptocurrency Forks

All 2018 Cryptocurrency Forks

From this article you will find out which cryptocoinsare undergoing hard forks in the year of2018 Cryptocurrencies are developing and improving, and there is a tendency thathard forks of the coinsoccur at newly created blocks. Asoft forkisachange tothe protocol thatrestrictsthe ruleset enforced byfull nodes that upgrade toenforce the soft fork rules, while ahard forkisachange totheprotocol thatloosensthe ruleset enforced byfull nodes. Hard forkisthe changes tothe programming ofthe coin thatcreate incompatibilities between the older and newer version. From this article you will learn about all past and upcomingforks of the cryptocurrencies which occur during the year of2018. LeviarCoin is a CryptoNote-based currency, which implements such features as untraceable payments, unlinkable transactions, double-spending proof, blockchain analysis resistance, egalitarian Proof of Work and adaptive limits. The fork will take place on1st ofMarch 2018 and developers recommend not tomakeany transactionsuntil that time. Mooncoin is designed for micro payments with very low transaction fees.All transactions are secured by itsalgorithm developed over three years, and is continually fine tuned for optimum performance. According tothe team, this fork will not include aburn ofcoins and this fork will not generate another coin asBitcoin Cash fork did. PAC isacommunity driven successor toBitcoin, incorporating various improvements such asatwo-tier incentivized network, known asthe Masternode network. The major aim ofPAC istobecome the most efficient and user-friendly cryptocurrency that isavailable globally. Atthe beginning ofJanuary 2018, PacCoin has announced important dates for the community inits official Twitter account. Hexx coin isaprivacy focused digital currencywith stable client a Continue reading >>

List Of Upcoming Bitcoin Forks

List Of Upcoming Bitcoin Forks

Over the year of 2017, there have been several forks in the Bitcoin blockchain, resulting in the birth of several new cryptocurrencies Bitcoin Cash , Bitcoin Gold , Bitcoin Diamond being some of the more prominent examples. Every time there is a fork in the Bitcoin blockchain, pre-existing Bitcoin holders will usually receive a similar amount of the forked currency in their wallets. According to CryptoCurrency Facts , a hard fork is when a single cryptocurrency splits in two. It occurs when a cryptocurrencys existing code is altered, creating a new version of the coin which will co-exist with the old version. Meanwhile, a soft fork is essentially the same thing, but the idea is that only one blockchain and thus one coin will remain at the end of the fork as users adopt the update. Thus, both fork types create a split, but a hard fork will result in two coins, while a soft fork will create just one coin. To put this into perspective, Segwit was a soft fork, Bitcoin Cash, Bitcoin Gold, and Segwit2x are all hard forks. This fork creates a smart contract-based Bitcoin (like Ethereum) Continue reading >>

Dogethereum: The Upcoming Hard Fork Of Dogecoin

Dogethereum: The Upcoming Hard Fork Of Dogecoin

Dogethereum: The Upcoming Hard Fork of Dogecoin Dogethereum: The Upcoming Hard Fork of Dogecoin The announcement that Dogecoin had become a test asset for inter-coin Rinkeby testnet of Ethereum had created quite a sensation in the cryptocurrency world. Dogethereum (DOGX) is expected to form a separate chain by moving away from Dogecoin later in 2018. This would lead to the creation of the first hard fork of Dogecoin. Dogethereum shares the name with the Dogethereum Bridge also known as Rinkeby project. In February 2018, the developers of the truebit protocol had sent Dogecoins to the Rinkeby test network of Ethereum. It is considered to be a critical turn as it again brought Dogecoin in front of the investors and traders. The cryptocurrency experts say that Dogethereum Bridge developed as a constituent of Ethereums truebit technology whose aim is to assist the largest altcoin scale to fulfill the demands of the user. Dogethereumis new decentralized digital currency, it will be founded on a snapshot of popular Dogecoin, based on ETH algorithm with the fastest speed of transactions, smart contracts, developers described on Bitcointalk. The cryptocurrency developers will create Dogethereum on the powerful Ethereum algorithm due to its significantly high transaction speed. The developers have chosen the Ethereum platform also because of the availability and functionality of smart contracts. The objective of the company is to direct the present Doge currencies in another direction. The purpose is also to remove ASIC mining that will boost speed and also make it more navigable. The cryptocurrency developers revealed that DOGX will not be pre-mined and even pre-sale(d). Therefore, people owning Dogecoin will receive Dogethereum in the ratio of 1:1. From the creators of DOGX, Continue reading >>

This Week In Crypto | April 13, 2018

This Week In Crypto | April 13, 2018

For the first time weeks, weve seen some clear, positive upwards momentum for the coin-wide market. Cryptocurrencys comprehensive market cap is up 23% at $326bln, up from$248bln last Friday morning. But theres one caveat: most of this growth has come in the last 36hrs. Leading price movements as usual, Bitcoin rose roughly $1,000 dollars in a single hour, leaping from $6,800 to just over $7,700 between 7:00 and 8:00am on April 12th. Coinciding with this dramatic price movement, Bitcoin shorts were squeezed to their lowest volume in half a month, as roundabout 15,000 trades closed their position over the course of Thursday morning. As shorts were cut short and prices blew through the roof, Bitcoins one hour trading volume during its spike was $1.2bln, potentially the largest one hour volume in the currencys history. The upwards price movement is no doubt goodwere all happy about seeing some green in the portfoliobut this short squeeze was so spontaneous and the price movement so like recoveries weve seen earlier in 2018s bear market that were not drinking the bullish Kool-Aid yet. Still, shorts were at an all time high before price action shifted and some ~37% were liquidated, and the massive trading volume on Bitcoins one hour rise is encouraging. Positive developments, but stay savvy as we may not be cleared for takeoff yet. Bitcoin:As we went over above, Bitcoin underwent a drastic price increase yesterday morning. As of press time, its weekly price up 18%at $8,050. Ethereum:After performing poorly for a handful of weeks, Ethereum is looking even better than Bitcoin, up by 27% over the week with a price just over $510. Ripple:Ripple is on pace with Ethereum, sitting at $0.65 after rising 27% this week. Nano Team Pegged with Class Action Lawsuit Over Bitgrail Loses: T Continue reading >>

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