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Author Topic: How many coins will be forked?  (Read 338 times)
Omar3k2000
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October 10, 2017, 12:42:28 PM
 #1

Guys , i am a newbie
And i am confused, right now we have 2coins btc,bch
We will have 4 coins ?
Btc , bch , b2x & bitcoin gold
Please clarify
Every time i google i get lost.
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October 10, 2017, 02:27:58 PM
 #2

There are more than 1000 Altcoins already. B2X will be one of them.

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October 10, 2017, 07:53:12 PM
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Lot's of altcoins have been forked from btc, then got changed, then other people forked those coins again.
It goes on and on, a fork isn't anything special.
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October 10, 2017, 08:03:57 PM
 #4

That is correct, we will get bgold by the end of this month and s2x in the second half of November.
There are probably more forks, but these ones are somewhat well known, that is all.

It is nothing complicated, you had only Bitcoin once, then in 1st of August Bitcoin Cash (BCH) forked off. In few weeks Bitcoin Gold will fork from Bitcoin and we will have that as well. Around 20th November Bitcoin Segwit2x will fork off Bitcoin. There is 3 forks as you can see that will produce 3 new cryptocurrencies from Bitcoin's blockchain.
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October 10, 2017, 09:09:32 PM
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Lot's of altcoins have been forked from btc, then got changed, then other people forked those coins again.
It goes on and on, a fork isn't anything special.

To clarify for OP: In the context of Bitcoin a fork can mean 2 things:

1) A code fork, meaning a new alt coin that is based on Bitcoin's code but whose transaction history has nothing to do with Bitcoin. This is the more than 1000 alt coins the previous replies refer to.

2) A blockchain hardfork, meaning a new alt coin -- or arguably, Bitcoin upgrade -- that not only shares parts of Bitcoin's code, but also its transaction history up until the point of the fork.


BCH is the first alt coin that forked the Bitcoin blockchain, ie. it shares the transaction history of Bitcoin right until the time at which the hardfork occured. Bitcoin Gold and B2X will be other blockchain hardforks, meaning if you own BTC at the time of the fork (and hold the private keys) you'll own coins on both sides of the fork once the transaction histories start to diverge.

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