Author

Topic: [2018-03-02] Forking a Fork: 'Bitcoin Private' Copies Zcash But What's it Worth? (Read 60 times)

full member
Activity: 336
Merit: 102
Get Ready to Make money.
A fork of a fork of a fork?

With Friday's birth of a new coin called "bitcoin private," the cryptocurrency space just keeps getting more meta. The much-discussed launch finds the cryptocurrency being created from a copy of the zclassic cryptocurrency (itself a copy of zcash, which was a copy of bitcoin).

But if that sounds crazy, it's all - allegedly - in the spirit of innovation.

"The big experiment with airdropped coins was that they'll just fail, and if people are getting free coins, they'll just immediately sell them and it will dump down to pennies," said Rhett Creighton, who's leading the bitcoin private effort.

Yet, in a number of cases, that notion just didn't pan out.

https://www.coindesk.com/forking-fork-bitcoin-private-copies-zcash-whats-worth/
Jump to: