Dummy question on forks, since it's 'forking season':
When the blockchain forks, does everyone who owns BTC (or the source fork, which sometimes has multiple hops back to BTC) get a stake of new currency? Basically, is it like the 'upstream' blockchain is carried over, called MyCoolNewCoin and everyone gets their existing share's equivalent of new coin?
I could probably google harder for this, huh?
Yup, that's exactly how it works.
They try to get a user base right from the start far better than with a random airdrop or bounty.
Everybody is happy, free coins, insane trade amount on exchanges...
But some do some slight modifications to the chain , adding coins for the dev (bitcoin gold did this).
And some release malicious wallets to gain access to your btc coins (bitcoin gold is involved in such a scam)
Why do people always have to overdo things. Is it just plain greed?
Yeah, everything is about the money right now.
Forget being your bank, security, freedom stuff like that.
Money, return, money, investment...people are getting insane nowadays.