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October 03, 2017, 05:05:25 PM |
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This will create another altcoin, just like the last fork. The coins will be cloned because the blockchain will also be copied, but unless there is replay protection on one of the sides you will spend on both chains whenever you complete a transaction.
Exchanges should give you your portion of both the fork and your BTC and I expect most all of them to do so, but ultimately it’s up to the exchange itself to give them to you or not. During forks it’s best to have your BTC in a wallet that you control (make sure you have the private keys or you don’t truly own your BTC).
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