Free ATH for everyone who has ETH!

[Wintersoldier]

In the first time reading it, it seems like a clickbait in the sense that we know that ATH also means "All-time High". So my first impression was if you are hodling ETH, then ETH will spike to the fullest and achieve an ATH. Though, I am quite interested in deeply knowing details about ATH that you are pertaining to. So I've read some in this article: HERE:. For those who just first heard what ATH crypto is, feel free to look at that link.

[Aabcde]

We'll see how it goes. Is this only going to be a means of printing money for dev, or just mere talk that is of no use in life or will be useful later.
But to be honest, I'm not interested at the moment. I think this only makes use of the name ETH to build their own name so that many people recognize it easily. On the other hand, the polling platform seems to be very cool after I read the article. good luck.

[NathanJB]

a friendly fork which basically replicates the ethereum network...

This is therefore one of the many replicas. And I do hope that this particular replica will not end up just like the rest that unfortunately ended up claiming to be the original one. We have so many examples on this.

And this fork is for what particular reason? Due to an urgent one? Or due to something that cannot be ironed out or reconcile within a single consensus? It seems not. It is simply due to some experiment. Which made me ask if this is really necessary.

The reason is because they want to showcase the new protocol which is based on what is claimed to be an anonymous paper.

[libert19]

I came across an article where - Emin Gün Sirer, professor of distributed systems at Cornell, introducing Avalanche (AVA), a new crypto protocol that is described as a platform for platforms.

One such platform to run on AVA is Athereum(ATH), a friendly fork which basically replicates the ethereum network, including all account balances and contracts, onto the new network.

In many ways it’s similar to a chain-split where 1 eth is equal to 1 corresponding coin, in this case, 1 eth plus 1 ATH (athereum).

There is no chain-split however, there’s no contention or anything, but everyone who has eth gets ath. The reason is because they want to showcase the new protocol which is based on what is claimed to be an anonymous paper.

"It describes a new family of consensus protocols that combines the best of Nakamoto consensus with the best of classical consensus. Huge breakthrough,” Sirer said on May 17th 2018.

>> Question: Do we really get free ATH if we have ETH? Will it be same as ETH?



Source: https://www.trustnodes.com/2019/11/10/ethereum-fork-to-give-free-a-eth-meet-ava

...

For me it is another trick to make money, nothing more.

They have to provide value to the coin or protocol or whatever (I didn't understand article much) first so they can make money. Exchanges don't come easy especially for new coins

[BitcoinsGreat]

I came across an article where - Emin Gün Sirer, professor of distributed systems at Cornell, introducing Avalanche (AVA), a new crypto protocol that is described as a platform for platforms.

One such platform to run on AVA is Athereum(ATH), a friendly fork which basically replicates the ethereum network, including all account balances and contracts, onto the new network.

In many ways it’s similar to a chain-split where 1 eth is equal to 1 corresponding coin, in this case, 1 eth plus 1 ATH (athereum).

There is no chain-split however, there’s no contention or anything, but everyone who has eth gets ath. The reason is because they want to showcase the new protocol which is based on what is claimed to be an anonymous paper.

"It describes a new family of consensus protocols that combines the best of Nakamoto consensus with the best of classical consensus. Huge breakthrough,” Sirer said on May 17th 2018.

>> Question: Do we really get free ATH if we have ETH? Will it be same as ETH?



Source: https://www.trustnodes.com/2019/11/10/ethereum-fork-to-give-free-a-eth-meet-ava

It looks like he want to make classic fork of ETH.

If he do this correct, then YES, you will get 1 ATH for every 1 ETH.

Same have been done with BTC when Roger Ver makes fork and created BCH.

The question is, who needs that?

For me it is another trick to make money, nothing more.

Does not matter even if its a trick to make money because a fork of ETH with free ATH will really create a lot of hype in the market and it will increase the value of ETH to great extent. Do you have the knowledge of exactly when this will happen. I would like to know the authenticity of this fork news.
Also i hope that there in no chain split as a result of this fork.

How do you think fork increases the ETH value?

It's exactly the opposite. People think that after the fork ATH will be the new ETH, and after all it will turn out to be worthless just like BCH. The forks like this only bring chaos, nothing more.

I think you are new to the hardware and software forks of the coins. I am not talking about the new product coin like ATH and its value high or low. It is the greed for the people to get free ATH coins and for this they will buy more and more ETH and this will increase the demand for eth and hence its price will pump. This pump will last till near the hardfork and then it will dump fast. This is how you can take advantage of the fork , if you are a crypto trader.

[minairia3]

Obviously it could pump the price of eth but for how long? Even the fork coin isn't sure to be release. This is also dangerous to gamble with, let's say you have eth and you will get equivalent ath for having eth, what's the use of this ath? The OP mentioned its a replica of eth network so its just a copy paste platform? Only hype will bring value to ath since its just a simple platform. Eth will also dump after the fork is done ( If there is one )

[Kupid002]

Be careful when you try to claim any fork coin, we have seen many times that people get scammed when they tried to claim it through some website where they had to put their private keys.  

And this will be the risk claiming your fork coins , if you want to claim your free fork coins you should move your balance to other wallet so it will be secured for your side for claiming it.

[Getmon]

Obviously it could pump the price of eth but for how long? Even the fork coin isn't sure to be release. This is also dangerous to gamble with, let's say you have eth and you will get equivalent ath for having eth, what's the use of this ath? The OP mentioned its a replica of eth network so its just a copy paste platform? Only hype will bring value to ath since its just a simple platform. Eth will also dump after the fork is done ( If there is one )

We are not even sure if there will be a pump on ETH just because of this. This fork seems dubious to me. I have not even encountered cryptocurrency news in line with this fork. If this is a big fork that is going to take place in the Ethereum protocol, it should already have made the news headlines but if this is irrelevant and insignificant it will not even cause a tiny dent in Ethereum's price.

[Bravext]

The days when forked coins used to be a huge deal are over, back in the day it used to be a very huge event and would have people scrambling to get the tokens so that they can benefit from the fork and get some free coins that would be worth a lot of money later, these days it's not the same because while you would get some free tokens, the tokens would be almost useless because the hype surrounding it that would boost the price is just missing 

[Polina_21]

Do you have the knowledge of exactly when this will happen. I would like to know the authenticity of this fork news.

As per the article, the estimated date will be between December and February.

And this fork is for what particular reason? Due to an urgent one? Or due to something that cannot be ironed out or reconcile within a single consensus? It seems not. It is simply due to some experiment. Which made me ask if this is really necessary.

The reason for the fork -

“This is not intended to replace Ethereum and the fork is simply to provide an alternative environment to run your decentralized applications at a higher throughput and with faster finality,”

Also, on their official twitter they have explained that -

Athereum is born! A spoon (friendly fork) of Ethereum that is 99% ETH and 1% AVA.

Using the same keys, EVM, and tooling as Ethereum. Yet fast, highly secure, and scalable today.

Really interesting, I would love to know more about this because am eth holder so this might be my lucky moment

The AVA labs has explained about the fork in this Medium post - Athereum, Ethereum on Avalanche Consensus — AVA Labs, you can check this article to know more about the fork.

[Insomnia family]

Be careful when you try to claim any fork coin, we have seen many times that people get scammed when they tried to claim it through some website where they had to put their private keys.  

as you have explained, that if sending a private key first to claim a token is an indication of fraud, someone does not need to do that because it will only make you lose all your assets. I heard that in 2018 there was a kind of ETH Classic project that ended with a scam. my advice is always to consider before taking part in such a project.

[naska21]

Source: https://www.trustnodes.com/2019/11/10/ethereum-fork-to-give-free-a-eth-meet-ava

From where I sit, that sounds like incentivized distribution of ATH. Once upon a time when Byteball DAG was launched the similar approach has been  used to distribute the  part of coins supply among BTC holders.

[Naficopa]

For me it is another trick to make money, nothing more.

Does not matter even if its a trick to make money because a fork of ETH with free ATH will really create a lot of hype in the market and it will increase the value of ETH to great extent. Do you have the knowledge of exactly when this will happen. I would like to know the authenticity of this fork news.
Also i hope that there in no chain split as a result of this fork.

How do you think fork increases the ETH value?

It's exactly the opposite. People think that after the fork ATH will be the new ETH, and after all it will turn out to be worthless just like BCH. The forks like this only bring chaos, nothing more.

I think you are new to the hardware and software forks of the coins. I am not talking about the new product coin like ATH and its value high or low. It is the greed for the people to get free ATH coins and for this they will buy more and more ETH and this will increase the demand for eth and hence its price will pump. This pump will last till near the hardfork and then it will dump fast. This is how you can take advantage of the fork , if you are a crypto trader.

Ok. Now i got your point. That was before. I don't think investors will be fooled by it now. Maybe some new ones.
In my opinion, if there will by massive buying ETH before the fork, then the dump after it would be even bigger, which is why I think, bad for ETH in the long run.
So answering again: fork will never bring value to a coin - in the long run.

[deathcode]

Ok. Now i got your point. That was before. I don't think investors will be fooled by it now. Maybe some new ones.
In my opinion, if there will by massive buying ETH before the fork, then the dump after it would be even bigger, which is why I think, bad for ETH in the long run.
So answering again: fork will never bring value to a coin - in the long run.

You are right, the fork is not for the long term. market sensations that occur will only be felt in a short time. it's also if the fork that is run can successfully get a market response so that fostering adoption is run and other coins can have value. if not then the fork fails and it will make the market worse.

[barbara44]

This is more or less like someone creating an Ethereum fork, which I would not be a part of it because I see it as just a trick to use Ethereum as a marketing strategy to lure people into having the project by all means and I would not see their real use case first. There are so many coins that have come up in the same way and the same strategy but all to no avail.

I know that many people will be excited about this, but I don’t see any reason why we should because even the main Ethereum they are trying to fork is still fighting hard to make a survival as it has not been so good for them ever since they allowed their ICO project to be lost completely to scammers, so then, tell me why I should believe in this project.

[alani123]

The thing is, it probably won't be valued much if anything. ETH has the first comer advantage in the smart contract field and that's hard to overcome. There's so much support behind its chain that a move would a substantial amount of time to showcase a better alternative in my opinion.

[coin-investor]

I think this is a fake announcement of any project that is going to pay free ETH for every ETH holder. By inviting this kind of promotion basically they seek your Ethereum address and a lots of personal data. After getting this and manipulating this data they reach your Ethereum account and steal all of your token and the Ethereum. So, be careful for this kind of participation and if may be legit so evaluate thoroughly.

Very confusing and irresponsible post, how can they manipulate it and steal your tokens by just submitting an address if they are even thinking of asking our address, if it's possible to steal your tokens by just knowing your address, then we have so many addresses of bounty hunters in the every campaign spreadsheets, I have received free coins from some forks and I don't remember giving them my address.