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Hard Fork Bitcoin Date

What Will Happen At The Time Of The Bitcoin Hard Fork?

What Will Happen At The Time Of The Bitcoin Hard Fork?

What Will Happen At The Time Of The Bitcoin Hard Fork? These are the show notes for the Unchained podcast , availableon Google Play , iTunes , iHeartRadio , Stitcher or TuneIn Radio , and sponsored by OnRamp . The so-called hard fork, which has the potential to create two blockchains, each with its own set of coins, brings to a head a three-year-long battle between two factions whove been warring over a seemingly technical question over how to increase the amount of transactions the blockchain can process per second. Whether or not that divorce becomes permanent or not is the $100 billion question. The two sides have been duking it out on Twitter, Slack channels and email lists, and though certain indicators look bad for each one, neither bloc is backing down . I dont think it will cause havoc at all, said Mike Belshe, one of the developers working on the new fork of Bitcoin, on the latest episode of my podcast, Unchained ( Google Play , iTunes , iHeartRadio , Stitcher or TuneIn Radio ). In the episode, representing those against the so-called SegWit2x hard fork, which should split off on or around November 16 , is Bitcoin protocol developer Matt Corallo. He disagreed with the process by which the decision to hard fork was made: There is no discussion. As Mike said, this New York agreement [to do the SegWit2x hard fork] was pretty much a declaration. It said this change is happening. This is fundamentally incompatible with the process that is Bitcoin core. Mike Belshe, CEO of BitGo and Bitcoin SegWit2x developers, and Matt Corallo, Bitcoin protocol developer Plus, some exchanges are offering so-called chain split tokens, which function as futures markets, and those indicate the vast majority of community support is against the hard fork as well. Across multiple exchang Continue reading >>

Bitcoin Private Team

Bitcoin Private Team

private, decentralized, fast, open source, Only available in English, Chinese, German, and Russian. Other languages will be available soon. Disclaimer: Translations from English may contain inaccuracies. Bitcoin Private uses the same privacy technology as ZClassic (zk-snarks). This means payments are published on a public blockchain, but the sender, recipient and other transactional metadata remain unidentifiable. Just like Bitcoin, Bitcoin Private supports peer-to-peer transactions without an intermediary. These transactions are verified by network nodes through the use of cryptography and recorded in a public ledger. Unlike Bitcoin, Bitcoin Private supports a slightly increased block size while being more anonymous and secure than any existing Bitcoin-based currency without sacrificing transaction speeds. Bitcoin Private's entire codebase is publicly available for viewing and verification by anyone. It will always remain open source and be maintained by an ever growing community. In the nature of transparency and open source, Bitcoin Private is developed by team members all over the world. Each member fills roles and contributes based on his or her skill sets. There was no premine, and there is no founder's reward. Bitcoin Private has been released in a fair manner to all. Coins were distributed on a 1:1 basis to BTC and ZCL holders. Continue reading >>

Bitcoin Hits All Time High As Controversial 'hard Fork' Called Off

Bitcoin Hits All Time High As Controversial 'hard Fork' Called Off

Bitcoin hits all time high as controversial 'hard fork' called off Bitcoin has avoided splittingCredit:Getty Bitcoin shot to just shy of $7,900 (6,000)after a controversial proposal that could have split the cryptocurrency was called off. The currency had been scheduled to undergo a so-called "hard fork", a change to bitcoin's code that would have created an offshoot cryptocurrency, and which developers argued was necessary to keep up with the pace of its growth. Despite widespread agreement over the summerthat the upgrade, known as SegWit2x, would be implemented on November 16, support for the change had waned. On Wednesday, proposals to implement the changes were suspended over fears they could divide bitcoin irreparably and damage the cryptocurrency's growth. Bitcoin's price briefly surged to... Register or log in to view this and other Technology Intelligence articles. It's free and easy to do. Access brilliant stories, features and analysis Sign up to our exclusive Technology Intelligence daily newsletter Become part of our ambitious new Tech networking community Continue reading >>

Upcoming Bitcoin Forks 2017 2018

Upcoming Bitcoin Forks 2017 2018

The content of this website is provided for informational purposes only and cant be used as investment advice, legal advice, tax advice, medical advice, advice on operating heavy machinery, etc. Our site is not officially associated with any brand or government entity. Any mention of a brand or other trademarked entity is for the purposes of education, entertainment, or parody. Neither CryptocurrencyFacts.com nor its parent companies accept responsibility for any loss, damage, or inconvenience caused as a result of reliance on information published on, or linked to, from CryptocurrencyFacts.com. In other words, this is a website on the internet offering free information about cryptocurrency, this is not your accountant, lawyer, or fiduciary offering you professional tax, legal, or investment advice. Your Guide to Upcoming Bitcoin Forks December 2017 January 2018 (and Beyond) The following Bitcoin forks have been announced (although not every one is confirmed as legit). They are Super Bitcoin, Bitcoin Platinum, Bitcoin Cash Plus, Bitcoin Silver, Bitcoin Uranium, and Bitcoin God. We will update the list as more occur, for now this is your guide to Bitcoin forks from December 2017 January 2018. To be clear, this is not a joke (and further that does say God and not Gold, there are no typos above). These Bitcoin forks could end up not being real, but as far as we know at this point, they are real[see notes below for specifics on each coin, so far Bitcoin Platinum is rumored to be fake]. In other words, over the next month or so (December January) there will potentially be as many as six Bitcoin forks.That means Bitcoin holders could get free coins six times (or if all turn out to be fake, zero times). Each fork occurs at a block number (AKA block height) . Thus, below we wi Continue reading >>

Litecoin Is Surging As First 'hard Fork' Date Approaches

Litecoin Is Surging As First 'hard Fork' Date Approaches

Litecoin is surging as first 'hard fork' date approaches Litecoin is up 27% Wednesday morning, as all cryptocurrencies appeared to get a boost from South Korea's backpedaling on plans to ban exchanges. Litecoin cash is expected to fork from the original coin on Sunday evening. You can track the price of litecoin in real-time here>> Litecoin is up more than 27% Wednesday morning, more than any other major cryptocurrency, as its first 'hard fork' date approaches. When litecoin hits block 1371111 expected to happen at around 5 p.m. ET on Sunday, February 18 litecoin cash will split from the litecoin blockchain, and give every litecoin holder 10 new coins for every one litecoin they own, the litecoin cash foundation announced Tuesday. The new currency is not connected to the original litecoin in anyway. Its creator, Charlie Lee, has warned that any fork could likely be a scam, merely using the litecoin name as marketing. "Any forks that you hear about is [sic] a scam trying to confuse you to think its related to litecoin," he tweeted. "Dont fall of it and definitely dont enter your private keys or seed into their website or client." Still, the team behind litecoin cash maintain that the new coin will make several improvements over the original litecoin and that it is far from a scam. Specifically, the team claim that litecoin cashs new algorithm, called DarkGravity, allows the mining difficulty to be adjusted on every cryptographic block. Litecoins mining difficulty can only be adjusted every 2016 blocks. This allows the network to be more flexible to demand for mining power. "While this [naming] convention isn't ideal, it will be instantly understood by most hearing the name that Litecoin Cash is a hard fork of Litecoin, Litecoin Cash foundation's design lead, Michael Wys Continue reading >>

2017 December Hard Fork Guide: What To Expect?

2017 December Hard Fork Guide: What To Expect?

2017 December Hard Fork Guide: What to expect? We approach the end of the year and Bitcoin does not seem to be stopping its crazy rally. Meanwhile, there is a myriad of other Bitcoin versions waiting to show their shine to the world. In this article, we look into the 2017 December Hard Fork Guide what should you expect? 4 December, AtoZForex Bitcoin is continuing its crazy rally that has brought it up 1,000% from year t date. As of now, the king of the top cryptocurrencies is changing hands at $11,392.70, after hitting $11,500 earlier this weekend. 2017 December Hard Fork Guide: What to expect? While Bitcoin frenzy seems to take over the world, many investors also look into the opportunities to gain profits with some Bitcoin alternatives, such Bitcoin Gold , Bitcoin Diamond , and Bitcoin Cash . You might wonder what is the difference between all these versions of Bitcoin? Well, each of the abovementioned cryptocurrencies is aiming to improve a certain flaw that original Bitcoin protocol contains. What is more, the world is currently awaiting many more of these Bitcoins to fork off the original Bitcoin protocol. When can we expect the next Bitcoin fork and will it be a better version of Bitcoin? Lets discuss. Only in December, cryptocurrency community expects to see as many as three Bitcoin hard forks. More will follow at the beginning of 2018. Some industry insiders already call the current period an initial fork offering world time. The upcoming Bitcoin forks will include Super Bitcoin, Bitcoin Silver, Bitcoin Platinum, Bitcoin Cash Plus, and Bitcoin Uranium. As a matter of fact, each and every of these coins aims to solve the issues of scalability and centralization of the original Bitcoin. Yet, none of them really seem to show the technology to do so. For instance, Continue reading >>

Hard Fork, Take Two: Segwit2x Will Return Dec. 28, Says Founder

Hard Fork, Take Two: Segwit2x Will Return Dec. 28, Says Founder

Hard Fork, Take Two: SegWit2x Will Return Dec. 28, Says Founder Controversial Bitcoin Hard Fork SegWit2x is making a low-key comeback this week, its developers say. The controversial SegWit2x Bitcoin (BTC) hard fork will go ahead on Dec. 28, according to the projects official website . The SegWit2x project, which caused months of debate and infighting among the Bitcoin community prior to its last-minute cancellation in November, now says it will fork off at block 501451, due in around two days time. The projects Founder and Lead Developer, Jaap Terlouw, stated on their site that the fork aims to address issues of commission and transaction speed within the Bitcoin network, adding that currently, Bitcoin is almost impossible to use as a means of payment. Confirmation that the hard fork will, in fact, take place is indicated both in the roadmap on the projects site, as well as in a direct quote from Terlouw: Our team will carry out the Bitcoin hard fork, which was planned for mid-November. The founder also promised that in addition to the common practice of crediting BTC holders with equivalent balances of the new coin (B2X), they would also receive a proportional number of Satoshi Nakamotos Bitcoins as a reward for their commitment to progress. In total, eight exchanges are listed as official supporters of the fork. The projects roadmap includes features such as Lightning Network support, smart contracts and, ultimately, anonymous transactions. In the past six weeks, Bitcoin Cash , another Bitcoin hard fork formed in August, has become the central talking point of the industry, as it sees remarkable growth and sparks shifts in mining and investment behavior, affecting Bitcoins price . The latest incarnation of SegWit2x has so far received comparatively little publicity. Continue reading >>

Bitcoin Cash Developers Propose Date For November Hard Fork - Coindesk

Bitcoin Cash Developers Propose Date For November Hard Fork - Coindesk

Bitcoin Cash Developers Propose Date for November Hard Fork The open-source developers behind bitcoin cash appear to besticking to their word. Following a pledge in August to change the code as necessary to stay competitive, the developers behind the alternative bitcoin software took a step toward following through this week. In a post yesterday , developers behind one of the bitcoin cash clients revealed they will seek to change the software's rules via a hard fork on Nov. 1. To be activated on Nov. 13, the new software will seek to adjust rules set in the initial split with the bitcoin blockchain, one that also hints at larger criticisms about bitcoin cash's economic network . In particular, the change will attempt to reverse a piece of code, called the emergency difficulty adjustment (EDA) rule, meant to help bitcoin cash better attract miners willing to secure its blockchain. As bitcoin and bitcoin cash both use the same mining algorithm, miners operating compatible hardware have shown a willingness to switch between the networks . As such, the idea behind EDA was that mining difficulty could be dynamically adjusted down as necessary to attract miners with profits. However, while beneficial after the launch, developers believe the rule has outlived its utility to the network. "This is problematic [now] because it prevents consistently fast confirmations for users, and radically shifts the coin issuance schedule," the post reads. In its place, a new algorithm would adjust every 600 seconds, based on the amount of computing power that was provided to the network over the previous 144 blocks. The idea is that difficulty would be adjusted quickly, in response to real-time miner activity. According to the post, members of the development team are now in touch with excha Continue reading >>

The November 2017 Bitcoin Hard Fork Is Huge, But Not Universally Welcomed

The November 2017 Bitcoin Hard Fork Is Huge, But Not Universally Welcomed

The November 2017 Bitcoin Hard Fork is Huge, But Not Universally Welcomed By Nathan Reiff | November 3, 2017 9:07 AM EDT Hydropower: The Key to Bitcoin Mining in the Future? Mark your calendars (in pencil, as this date may change): November 13, 2017. The mother of all hard forks will finally trigger, which will split Bitcoin into two tokens. Even before cryptocurrencies took off like crazy at the beginning of 2017, different bitcoin developers, miners, and investors were already squaring off to debate the best ways to continue to develop the leading cryptocurrency. (See more: The War Between Segwit vs. BIP148 vs. Bitcoin Unlimited .) One of the biggest questions they faced was how to increase the number of transactions that the blockchain (the technology which supports bitcoin and all other cryptocurrencies) can process per second. Bitcoin has grown at an astonishing rate, and the interest among investors has largely overloaded the system as it was initially set up. Other cryptocurrencies have found new ways of increasing their transaction capacity. Will bitcoin be able to do the same? It seems that if bitcoin is to grow in this way, it may need to experience a fork in November. The process of hard forking entails bitcoin being divided into two separate currencies. A hard fork, which may happen around November 13, would happen when the so-called SegWit2x protocol is adopted. According to a report by Forbes , bitcoin protocol developer Matt Corallo explained that the decision to adopt the new protocol (and, therefore, to hard fork the cryptocurrency) was not a discussion at all. In fact, Corallo says the decision to hard fork was pretty much a declaration, and this process is fundamentally incompatible with the process that is bitcoin core. What does a bitcoin hard fork Continue reading >>

From Hard Fork To $4k: A Bitcoin Cash Pricehistory

From Hard Fork To $4k: A Bitcoin Cash Pricehistory

The advanced #Bitcoin trading platform for advanced #Bitcoin traders. Our algorithms volatility. Backed by @YCombinator. From Hard Fork to $4K: A Bitcoin Cash PriceHistory On July 22, 2017, Bitcoin Cash announced that it would fork from the Bitcoin blockchain just ten days later on August1. The three phases of Bitcoin Cashs growth so far: uncertainty, exuberance, and consolidation. No one knew what this new virtual asset would be worth, or whether it would be worth anything. Bitcoin holders, their wallets, and online exchanges all rushed to figure out how they would deal with Bitcoins first hard fork. Since then, the value of Bitcoin Cash has tripled its value, lost more than half, and rallied again, closing the year with a huge spike to $4,000. Fear, uncertainty, and doubt: When the Bitcoin Cash hard fork was first announced, few knew what to do. The price fell as a plurality of miners and exchanges signaled they would not support the new coin, then rose as the hard fork itself actually triggered. General hard fork exuberance: Towards the tail end of the summer, as the price of Bitcoin Cash held relatively steady, a flood of new coins entered the market to capitalize. Bitcoin Cash maintained most of its value throughout. Consolidation and growth: With the cancellation of SegWit2x, many big-block advocates moved to BCH and the five-month-old coin got its first foothold in the mainstream. While it was initially perceived to be worthless, the huge movements in Bitcoin Cashs price over the last 4 months can be matched only by Bitcoin. The third-biggest cryptocurrency by market capitalization, Bitcoin Cash isnt just making the case that it can become the payments solution to complement the digital gold of Bitcoin. Bitcoin Cashs success has shown the world that there can be Continue reading >>

Bitcoin Cash Developers Propose Date For November 13th Hard Fork

Bitcoin Cash Developers Propose Date For November 13th Hard Fork

Bitcoin Cash Developers Propose Date For November 13th Hard Fork Discussion in ' Altcoins ' started by iceforsalehere , Nov 11, 2017 . As a new trader, probably this would be the 1st time i would be reading this kind of article. A hardfork effect having a hardfork. Has anyone experienced this? or i am getting the wrong information? Sounds like just an update that requires a hard fork. Seems rather soon to be doing it, rushed even. I mean i know things more fast in crypto, but come on In its place, a new algorithm would adjust every 600 seconds, based on the amount of computing power that was provided to the network over the previous 144 blocks. The idea is that difficulty would be adjusted quickly, in response to real-time miner activity. Who would've guessed. Bitcoin Cash devs trying to create even more tools for market manipulation for themselves. I would stay as far away as possible from BCH even if it means missing out on short term profits. They embody everything that Bitcoin sought to destroy. "how i try to destroy a pump and actually have not succeded into it" this could be the name of a kubrick movie on the cryptoworld in reality this called fork shouldn't create two competitive chains hence no free money in this case, like what happened with the last ethereum update if i intended it right but i am not sure 100% because you know, a lot of mess is going on "how i try to destroy a pump and actually have not succeded into it" this could be the name of a kubrick movie on the cryptoworld in reality this called fork shouldn't create two competitive chains hence no free money in this case, like what happened with the last ethereum update if i intended it right but i am not sure 100% because you know, a lot of mess is going on Whoever planned this strategy made a shitl 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 >>

Latest Bitcoin 'hard Fork' Causing Concern In Cryptocurrency Community

Latest Bitcoin 'hard Fork' Causing Concern In Cryptocurrency Community

Latest Bitcoin 'Hard Fork' Causing Concern in Cryptocurrency Community This latest Bitcoin "hard fork" scheduled for today ismaking some in the cryptocurrency community uncomfortable. Jaap Terlouw is theperson behind this attempt toexecutea Segwit2x hard fork, which is not the same team behind the failed Segwit2x hard fork back in November. New cryptocurrencies areusually createdwhen there is a signal for a hard fork, which involves splitting the path of a blockchain whenthere's no consensus -- so a significant enough portion of nodes and miners continue to mine the old chain, thereby introducing a situation with two currencies . "Most of the exchanges are uncomfortable with the development work behind the Segwit2x hard fork -- the code itself as well as the experience of the team handling it," said Alexandre Tabbakh, the CEO of PUBLIQ, a blockchain-powered distributed media platform. Forks are serious stress tests for the whole Bitcoin community, which has to show unity and discipline to handle them successfully. Tabbakh explained that whenever Bitcoin survives these "little revolutions," it strengthens its status as the first and most reliable blockchain. "The experience and presence of the [current Segwit2x team] management team on the main Bitcoin forums are surprisingly weak," Tabbakh said, although he noted that Bitcoin "has encountered several forks and shakedowns in the past, but so far always came up stronger." On Thursday, Bitcoin was trading at $14,347, downmore than 8%from an opening bid of $15,378. There are already a number of variations of Bitcoin available created by previous hard forks, including the core Bitcoin (BTC), Bitcoin Cash (BCH) and Bitcoin Gold (BTG). Sergei Sevriugin, CEO and founder Rega, a risk sharing platform, explained that the current 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 >>

List Of Bitcoin Forks

List Of Bitcoin Forks

This article does not cite any sources . Please help improve this article by adding citations to reliable sources . Unsourced material may be challenged and removed . The following are forks of the software client for the Bitcoin network derived from the reference client, Bitcoin Core : These are coin splits of the digital currency Bitcoin , created intentionally via hard forks of the blockchain, sharing a transaction history with Bitcoin up to a certain time and date: Bitcoin Cash (Forked at Block 478559 [1] , 1 August 2017) Bitcoin Gold (Forked at Block 491407 [2] , 24 October 2017) Bitcoin Diamond (Forked at Block 495866 [3] , 24 November 2017) BitcoinX (Forked at Block 498888 [4] , 12 December 2017) Super Bitcoin (Forked at Block 498888 [5] , 12 December 2017) Proposed but Cancelled Coin Splits[ edit ] This was a planned coin split of the digital currency Bitcoin , which was later canceled before the split could take place. Continue reading >>

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