It appears forking bitcoin has change into a brand new cryptocurrency obsession currently as a myriad of bitcoin clones are becoming a member of the economic system. Now two extra bitcoin fork ‘snapshots’ appear to be on the horizon, known as “Bitcoin God” and “Bcash”.
Chandler Guo Wants to Give a Symbolic Gift by Launching ‘Bitcoin God’ on December 25
We proceed to listen to about new bitcoin snapshot clones known as diamond, rubies, gold, lightning, and now there’s allegedly a ‘Bitcoin God’ community coming. A community snapshot is principally a clone of the bitcoin blockchain taken at a exact block peak. This means the new chain shares the very same historical past as the legacy blockchain, up till that particular time. From there the new blockchain splits off and information its personal transactions and blocks mined going ahead. Further, the new community can have totally new traits like bitcoin gold’s equihash consensus mechanism; which is completely different than bitcoin’s proof-of-work (PoW).
The well-known Chinese cryptocurrency investor Chandler Guo has revealed he’s launching a bitcoin-based fork that can use the ticker ‘GOD.’ Guo particulars the venture is coming December 25 and explains there is not going to be a premine.
“Bitcoin God (GOD) will be forked off the main bitcoin chain at the block height of 501225, which will happen on December 25th to be symbolic of me giving candy to all bitcoin holders — The total amount will be 21 million — No pre-mine,” explains Chandler Guo by way of Twitter.
After Guo made the announcement, one in every of the investor’s Twitter followers requested him if the fork was a joke, or if it was actual. Guo replied by detailing the fork was “real” and has tweeted about bitcoin god a number of instances since he announced the project.
Is Someone Creating a Bitcoin Clone Called ‘Bcash’?
Further, there have been talks about one other bitcoin fork that will spring up in the close to future. Just lately somebody observed a Github repository is being labored on for a forked token known as ‘Bcash.’ The repo was initiated on December 1, however the venture was initially introduced this previous August, a number of days after the bitcoin money arduous fork.
“Bcash is a new cryptocurrency that uses the existing Bitcoin ledger combined with Zcash privacy technology,” explains the Github repository.
The individual or group behind the bitcoin/zcash clone does have a Twitter handle as nicely however has solely tweeted twice. The developer who claimed to be creating the token is an early cryptocurrency developer who goes by the title “Freetrade.” The developer mentioned he had launched blockchains like Protoshares, Memorycoin, Hodlcoin, and different initiatives inside the house. The developer emphasizes in his announcement that Bcash is just not related to bitcoin money and the venture is a wholly completely different community in the making. Freetrade explains:
There are numerous scammers making an attempt to money in on the Bcash title. Be very cautious of anybody utilizing the ‘Bcash’ title presently. Bcash is just not accessible for buy or sale presently.
Of course, the cryptocurrency group doesn’t know what to make of those new bitcoin snapshot initiatives. Although some bitcoin money supporters appear happy there’s one other token being created that can use the title Bcash, which also might basically take away the disliked title from the BCH group. BCH supporters have also lately created a web site known as “What Is Bcash” that’s devoted to informing those that some people are deploying the phrase Bcash as a “social attack.”
What do you concentrate on Bitcoin God and Bcash and all the different upcoming snapshot bitcoin forks? Let us know what you concentrate on the many new bitcoin forks taking place as of late in the comments below.
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