How Many Bitcoin Forks Are There? You will be surprised!!!

[desertfox470]

Good to know about this stuff, been mining since 2014 and already knew some of the forks hearing in this forum but never thought that there's a lot of bitcoin fork that happened which I concluded that most of them are worthless coin, right? I like this kind of facts, it's really interesting I wonder about other coins that has much fork like the bitcoin.

[1715003194]

1715003194

[wwzsocki]

/\BTI is the "original" bitcoin fork ***created to empower street artists***   weeee$$$$$$$$$$ ... https://www.bitcoinstant.org/

If there are any other Bitcoin forks I have missed, then please share them here because I have told already that this list could be not actual.

I was only able to find slightly old information (until the end of 2019) and still there can be more forks I haven't mentioned yet.

...never thought that there's a lot of bitcoin fork that happened which I concluded that most of them are worthless coin, right?...

Right.

...I like this kind of facts, it's really interesting I wonder about other coins that has much fork like the bitcoin.

This is why I have created this thread and we have discussed already that only Bitcoin has so many forks and this is for sure some kind of record here.

[Abiky]

There are 105 Bitcoin forks (hard and soft) in total. Of those, 74 are considered active projects, the remaining 31 are considered historic and are no longer relevant.

...

While I have to admit that Bitcoin forks were long before Bitcoin Cash came into the minds of some members of the BTC community, the craze started right after BCH's inception back in 2017. So many Bitcoin forks were created with the purpose of "filling" developer's pockets with money. Only a few have remained on the scene with active development and innovation. Back in the day, many people were afraid that Bitcoin Cash would've taken Bitcoin's place as the number one cryptocurrency in market cap. Even some developers were afraid that BCH would've disrupted the whole BTC blockchain. But right after everything settled, BCH's prominence diminished within the crypto market. After all, it's all about stability/decentralization than anything else. BCH may be faster and cheaper than Bitcoin to transact with, but it's less secure. Since Bitcoin relies on security/reliability, people have still chosen it as their top cryptocurrency of choice.

Needless to say, Bitcoin forks are nothing but quick money grabs by their developers. They take advantage of the "Bitcoin" brand/name for their own benefit. It's no wonder why some of these forks have increased to double-digits across the market. People believe that a fork having the "Bitcoin" brand/name is the next big thing in crypto land. But it's all about real use cases within the mainstream world than anything else. As far as the "leading" forks are concerned, they're still alive because they have developers and individuals supporting them. Both BCH and BSV claim to be the "Original Bitcoin" as a sort of propaganda to attract people into their chains. But the truth is, they lack the trust, support, and stability Bitcoin has obtained after all these years. Sadly, BCH and BSV are centralized and will continue to be for a long time as long as they have huge block sizes within their Blockchain networks.

Nonetheless, it was expected that Bitcoin forks would've emerged at some point in time, given the scalability dilemma within the Bitcoin network. Now that we have "other versions" of Bitcoin that aim for scalability than anything else, the main Bitcoin blockchain can be "free" of worrying about scaling anytime soon. I prefer decentralization/censorship-resistance on top of scalability. After all, Satoshi intended Bitcoin to be a decentralized digital currency for the world without a single point of failure. If Bitcoin remains as is, it'll do fine for many generations. Just my opinion

[hv_]

Finally there is only one true functional Bitcoin needed - any alteration is not Bitcoin

 

[2020VISION]

There are 105 Bitcoin forks (hard and soft) in total. Of those, 74 are considered active projects, the remaining 31 are considered historic and are no longer relevant.

...

While I have to admit that Bitcoin forks were long before Bitcoin Cash came into the minds of some members of the BTC community, the craze started right after BCH's inception back in 2017. So many Bitcoin forks were created with the purpose of "filling" developer's pockets with money. Only a few have remained on the scene with active development and innovation. Back in the day, many people were afraid that Bitcoin Cash would've taken Bitcoin's place as the number one cryptocurrency in market cap. Even some developers were afraid that BCH would've disrupted the whole BTC blockchain. But right after everything settled, BCH's prominence diminished within the crypto market. After all, it's all about stability/decentralization than anything else. BCH may be faster and cheaper than Bitcoin to transact with, but it's less secure. Since Bitcoin relies on security/reliability, people have still chosen it as their top cryptocurrency of choice.

Needless to say, Bitcoin forks are nothing but quick money grabs by their developers. They take advantage of the "Bitcoin" brand/name for their own benefit. It's no wonder why some of these forks have increased to double-digits across the market. People believe that a fork having the "Bitcoin" brand/name is the next big thing in crypto land. But it's all about real use cases within the mainstream world than anything else. As far as the "leading" forks are concerned, they're still alive because they have developers and individuals supporting them. Both BCH and BSV claim to be the "Original Bitcoin" as a sort of propaganda to attract people into their chains. But the truth is, they lack the trust, support, and stability Bitcoin has obtained after all these years. Sadly, BCH and BSV are centralized and will continue to be for a long time as long as they have huge block sizes within their Blockchain networks.

Nonetheless, it was expected that Bitcoin forks would've emerged at some point in time, given the scalability dilemma within the Bitcoin network. Now that we have "other versions" of Bitcoin that aim for scalability than anything else, the main Bitcoin blockchain can be "free" of worrying about scaling anytime soon. I prefer decentralization/censorship-resistance on top of scalability. After all, Satoshi intended Bitcoin to be a decentralized digital currency for the world without a single point of failure. If Bitcoin remains as is, it'll do fine for many generations. Just my opinion

/\BTI forked off in 2014 ~ + clearly coined the term "original" so CSW and everyone else can ride coatails all you want bwaaahahaha   weee

(((shameless plug )))===>

https://www.bitcoinstant.org/
https://freiexchange.com/market/BTI/BTC

[wwzsocki]

I still don't think that this is a bad thing or could be bad for Bitcoin that there are/were so many forks that created so many new altcoins. In my opinion, it only shows how good Bitcoin really is.

If there will be more value in forking other coins, believe me, nobody would even look at Bitcoin and if they do it, then is obvious that it is the best one.

Of course, there is a big probability that most of these forks were done, only because they counted on the name influence BITCOIN.

Maybe they thought, that if it will be called "BTC - something" it would be enough to get a spot between the first 100 on CMC, but as we know this is not the case for almost all of them   .

For sure this is some kind of phenomenon and only Bitcoin was forked so many times, which end up with the creation of many new altcoins with their own blockchains.

[buwaytress]

Thanks for the interesting thread, I only saw it now. I was actually surprised, but because you only counted 100+. I mean, I could probably count the ones I know about on one hand (fully fingered haha) and yet I thought there would surely be hundreds. So I'm somewhat disappointed only 100 idiots existed =p

I bet we'd be surprised to know also just how many people actually mistakenly believe their altcoin is not on a fork...

[larus]

More than 100 forks, omg. For what? Is people going to really use it?

[hv_]

More than 100 forks, omg. For what? Is people going to really use it?

Nope - there is only one fully compliant

[2020VISION]

More than 100 forks, omg. For what? Is people going to really use it?

Nope - there is only one fully compliant

yep BTI ftw!    the "ORIGINAL" <===

[wwzsocki]

snip

I have to warn you to stop shilling, otherwise, I will have to start to report your spammy/shilling answers.

I am very happy that you posted in my thread but you already advertised this altcoin 3 times and I think this is enough.

Additionally, your posts have no value for the discussion and their only purpose was to shill and advertise this forked alt.

If you have something valuable to say, then please do and I will be very happy to discuss with you further, but this shilling contest has to stop now, please.

[dnprock]

This is a fun thread. I created a fork, Bitflate. It changes supply rule to 7% inflation. I suggest making a distinction between technology fork (Litecoin) and blockchain fork (BCH, BSV). I think we need more categorization and experiment with technology forks. I am interested experiments with monetary policies.

[hv_]

This is a fun thread. I created a fork, Bitflate. It changes supply rule to 7% inflation. I suggest making a distinction between technology fork (Litecoin) and blockchain fork (BCH, BSV). I think we need more categorization and experiment with technology forks. I am interested experiments with monetary policies.

The thing is with EXPERIMENTS in our financial world : Learn before what is really compliant FIRST

Only BSV is

[2020VISION]

snip

I have to warn you to stop shilling, otherwise, I will have to start to report your spammy/shilling answers.

I am very happy that you posted in my thread but you already advertised this altcoin 3 times and I think this is enough.

Additionally, your posts have no value for the discussion and their only purpose was to shill and advertise this forked alt.

If you have something valuable to say, then please do and I will be very happy to discuss with you further, but this shilling contest has to stop now, please.

it's not a "altcoin" it's a FORK!! $BTI has been around since 2014 and they were the early pioneer "shillers" of BITCOIN (BTC) from $10... i find it amazing all these forks and how many were made by the same person. *keep calm*

[Abiky]

I still don't think that this is a bad thing or could be bad for Bitcoin that there are/were so many forks that created so many new altcoins. In my opinion, it only shows how good Bitcoin really is.

If there will be more value in forking other coins, believe me, nobody would even look at Bitcoin and if they do then is obvious that it is the best one.

Of course, there is a big probability that most of these forks were done, only because they counted on the name influence BITCOIN.

Maybe they thought, that if it will be called "BTC - something" it would be enough to get a spot between the first 100 on CMC, but as we know this is not the case for almost all of them   .

For sure this is some kind of phenomenon and only Bitcoin was forked so many times, which end up with the creation of many new altcoins with their own blockchains.

Agree. Bitcoin is and will always be the leading chain in crypto land. Developers could fork BTC as much times as they want to. But at the end of the day, the original Bitcoin blockchain will prevail due to its massive adoption (and real use cases) in the mainstream world. The various forks we have on crypto land, shows us how strong Bitcoin is. This is thanks to the decentralized and open source nature of the pioneer cryptocurrency. I believe that these insane number of forks could help improve Blockchain technology for the better. For instance, both BCH and BSV are testing large blocks for on-chain scalability. They could serve as "experimental grounds" for Bitcoin as their large blocks are put up to the test in the mainstream world. With various developers working here and there, the Blockchain industry will become stronger like never before.

Of course, we don't need too many BTC forks in crypto land. Most Bitcoin forks are exact copies of the original Bitcoin with just a few minor modifications to their codebase. Only a few forks like BCH and BSV may survive in the long run, because of their dedicated developers and community. In the end, Bitcoin will be the most valuable Blockchain in the world no matter what. BCH and BSV may be somewhat valuable but that's because they have the same limited supply as Bitcoin. Not to mention, these forks have a strong community backing them (mostly BCH). I wouldn't be surprised to see new BTC forks emerge in the future for every feature on the main BTC blockchain the crypto community disagrees with. If this happens, we could expect a whole lot more than just hundreds of BTC forks across the market. But Bitcoin (BTC) will stand the test of time as an unstoppable store of value for the whole world to enjoy. Just my thoughts

[dnprock]

This is a fun thread. I created a fork, Bitflate. It changes supply rule to 7% inflation. I suggest making a distinction between technology fork (Litecoin) and blockchain fork (BCH, BSV). I think we need more categorization and experiment with technology forks. I am interested experiments with monetary policies.

Litecoin don't have any unique/different technology compared with Bitcoin.

I think Litecoin added some value. They branched out to scrypt mining algorithm and spawned a lot of experiments in hashing and mining. Dogecoin is a fork of Litecoin that is still very active. All those experiments did not pan out. But they proved that hashing algorithms are not important differentiators. I think it'll help future forks to think about whether they really want to alter the hashing algorithm. When I designed my fork, I read about these hashing algorithm experiments. My fork only seeks to experiment with monetary policy. I decided to stick with SHA256.

I read people in Lightning Network are more willing to experiment with Litecoin. It has less value. This is a use case for digital silver.

[carlisle1]

wow i have no idea that these all currencies are fork from bitcoin?now i know why Bitcoin will never overtaken by any currency looking at this thread.
this only shows how companies or individuals believe and trust Bitcoin having this forked.

More than 100 forks, omg. For what? Is people going to really use it?

maybe some are just trying to get sympathy or wanna ride the popularity and of course to profit if having a chance lol.

[pooya87]

All those experiments did not pan out. But they proved that hashing algorithms are not important differentiators. I think it'll help future forks to think about whether they really want to alter the hashing algorithm. When I designed my fork, I read about these hashing algorithm experiments. My fork only seeks to experiment with monetary policy. I decided to stick with SHA256.

hash algorithms are very important and they make a lot of difference. the problem is that majority of altcoins are focusing on changing a thing or two without innovating anything. if they just swap SHA2 with SHA3 (keccak) or double SHA256 in PoW with scrypt or total supply, block size, block reward, block interval,... to something else there is no innovation there which is why they fail to gain any kind of meaningful adoption outside of exchanges.

I read people in Lightning Network are more willing to experiment with Litecoin. It has less value. This is a use case for digital silver.

then you were misled by the litecoin pumpers.
there is a network called "Test Net" that is exactly the same as main network and the coins there have 0 value which is where developers and anybody else who wants to test things out goes to.

[jostorres]

I am really pleased and appreciate the Op for such valuable information but I always wondered if there is a website or program that can check how many forked coins are there on my bitcoin address because I am not knowledgeable when it comes to technical part of bitcoins. I know there are a few sites that allow to check forked coins but they only check address with less than 50 transactions and I want to check my addresses that have more transactions. If anyone knows any such tool please mention it.

By the way I think too many forks are just making the fork idea look idiotic and now it has started to look foolish already, similar to altcoins when they came they looked good but now we all know how alt market is.

[dnprock]

hash algorithms are very important and they make a lot of difference. the problem is that majority of altcoins are focusing on changing a thing or two without innovating anything. if they just swap SHA2 with SHA3 (keccak) or double SHA256 in PoW with scrypt or total supply, block size, block reward, block interval,... to something else there is no innovation there which is why they fail to gain any kind of meaningful adoption outside of exchanges.

then you were misled by the litecoin pumpers.
there is a network called "Test Net" that is exactly the same as main network and the coins there have 0 value which is where developers and anybody else who wants to test things out goes to.

Different PoW algorithm isn't that unique, especially when both LTC and BTC can be mined with ASIC. I was talking about something that isn't exist on Bitcoin such as smart contract (such as ETH), privacy by default (such as XMR) and ProgPoW (which supposed make ASIC impossible or not efficient)

You also can use BTC Testnet to perform experiment without risking losing your money even the coin is lost/stolen.

@pooya87, you mentioned that there's no innovation if someone just fiddles with the mining algorithm or reward schedule. I wonder if you consider ETH as innovation. There're also newer stacks, EOS, Tron, Polkadot. These stacks are complete rebuild. Are they also not innovating?