|
Title: A Bitcoin Cash fork? Post by: pnx17 on November 08, 2017, 07:04:44 PM According to CoinDesk there was a hard fork on November 1 of Bitcoin Cash and it is to be activated on November 13: https://www.coindesk.com/bitcoin-cash-developers-set-date-november-hard-fork/ (https://www.coindesk.com/bitcoin-cash-developers-set-date-november-hard-fork/)
Seriously, who can keep up with this? There are new coins and tokens every day and then there are ICO's and forks. What does this hard fork mean? Has it happened? Will you have to go through a new claiming process? My BCH are currently on Coinomi. Do I have to move them before November 13 or should I have done that before November 1? Title: Re: A Bitcoin Cash fork? Post by: Zocadas on November 08, 2017, 07:20:27 PM According to CoinDesk there was a hard fork on November 1 of Bitcoin Cash and it is to be activated on November 13: https://www.coindesk.com/bitcoin-cash-developers-set-date-november-hard-fork/ (https://www.coindesk.com/bitcoin-cash-developers-set-date-november-hard-fork/) First, on November 1st was not fork of Bitcoin Cash but Bitcoin Gold. Bitcoin Cash was already provided in August. Hardfork means, that a group of miners separate from Bitcoin and if they are the minority, it will move to altcoin. Bitcoin Gold is not yet implemented, but if so, you will get your Bitcoin Gold additional to your Bitcoin. The wallets are mirrored.Seriously, who can keep up with this? There are new coins and tokens every day and then there are ICO's and forks. What does this hard fork mean? Has it happened? Will you have to go through a new claiming process? My BCH are currently on Coinomi. Do I have to move them before November 13 or should I have done that before November 1? Title: Re: A Bitcoin Cash fork? Post by: pnx17 on November 08, 2017, 07:38:19 PM First, on November 1st was not fork of Bitcoin Cash but Bitcoin Gold. Bitcoin Cash was already provided in August. ... Yes, I know about the Bitcoin Gold hard fork (from Bitcoin). My reason for posting was because I found this article about a Bitcoin Cash hard fork, and not the one from August 1.Have you read the article I linked to? The article on CoinDesk mentions a hard fork of Bitcoin Cash on November 1, not Bitcoin Gold. All the links in the article are about a Bitcoin Cash hard fork.
Title: Re: A Bitcoin Cash fork? Post by: Maren on November 08, 2017, 07:46:23 PM First, on November 1st was not fork of Bitcoin Cash but Bitcoin Gold. Bitcoin Cash was already provided in August. ... Yes, I know about the Bitcoin Gold hard fork (from Bitcoin). My reason for posting was because I found this article about a Bitcoin Cash hard fork, and not the one from August 1.Have you read the article I linked to? The article on CoinDesk mentions a hard fork of Bitcoin Cash on November 1, not Bitcoin Gold. All the links in the article are about a Bitcoin Cash hard fork.
Hey, not all hard forks create new coins. This is just an upgrade of Bitcoin cash mining algorithm. No new bitcoin cash will be created, just the people who don't upgrade the software won't be able to send or receive BCH. Title: Re: A Bitcoin Cash fork? Post by: pnx17 on November 08, 2017, 07:50:31 PM Hey, not all hard forks create new coins. This is just an upgrade of Bitcoin cash mining algorithm. No new bitcoin cash will be created, just the people who don't upgrade the software won't be able to send or receive BCH. Thanks. Title: Re: A Bitcoin Cash fork? Post by: Sanglotslongs2 on November 08, 2017, 07:51:01 PM It'll be a hardfork but the other chain will dire because not mined. Let see how "decentralised" bitcoin cash his when they'll act like 1 only man.
Title: Re: A Bitcoin Cash fork? Post by: Poink on November 08, 2017, 07:55:13 PM Hey, not all hard forks create new coins. This is just an upgrade of Bitcoin cash mining algorithm. No new bitcoin cash will be created, just the people who don't upgrade the software won't be able to send or receive BCH. Thanks. I may be mistaken but the way I understood it is that a new coin will be generated. However, in uncontested fork (like this one hopefully will be)...the old/original coin will be abandoned (left to die). The new coin will likely be given the old name so most won't know it even happened. |