Interesting Trivia on Bitcoin fork - page 2.

Wind_FURY

legendary

Activity: 2898

Merit: 1823

Quote from: franky1 on April 15, 2018, 01:33:10 AM

Quote from: Herbert2020 on April 15, 2018, 12:06:34 AM

Quote from: @ngelcryptopia on April 14, 2018, 11:51:44 PM

10. CLAM

if you start including altcoins like CLAM in the list of altcoins that forked from bitcoin then the list will grow as big as nearly 700 coins since all of them forked from bitcoin one way or another. and you can even include secondary forks like the fork of forks (eg a fork that was created from LTC) then the number grows even bigger.

the difference between a fork and a crapcoin is this:
crapcoins made by copy/pasting bitcoin code without any innovation restart at block 0. retaining no transactional data.
however a fork retains historic transaction/block data upto a certain date before they go in their separate direction

But what would you classify "forks" like Bitcoin Diamond or Bitcoin Private? Aren't they "crapcoins" as well? Plus what would you consider Bitcoin Cash? Because the Roger Ver definition would be "Bitcoin forked into Bitcoin Core and Bitcoin Cash". If that was true then what of the other forks that retained the transaction history?

franky1

legendary

Activity: 4410

Merit: 4766

Quote from: Herbert2020 on April 15, 2018, 12:06:34 AM

Quote from: @ngelcryptopia on April 14, 2018, 11:51:44 PM

10. CLAM

if you start including altcoins like CLAM in the list of altcoins that forked from bitcoin then the list will grow as big as nearly 700 coins since all of them forked from bitcoin one way or another. and you can even include secondary forks like the fork of forks (eg a fork that was created from LTC) then the number grows even bigger.

the difference between a fork and a crapcoin is this:
crapcoins made by copy/pasting bitcoin code without any innovation restart at block 0. retaining no transactional data.
however a fork retains historic transaction/block data upto a certain date before they go in their separate direction

378budiman

member

Activity: 299

Merit: 10

Bitcoin is the only fork that needs to be mentioned lately. In bitcoin may now run counter to its vision, There is so much money in it now because its idealism is hard to win.

Xavofat

hero member

Activity: 938

Merit: 559

Did you see that ludicrous display last night?

Accidental forks happen all the time, but assuming you're talking about deliberate ones, I think that all of the publicised forks after BCH have basically been an attempt at a money grab.

Basically, they thought that if they come up with a fairly basic concept (that has actually been done before), and then make it a fork and tell Bitcoin news sites about it, newbies will take enough of an interest to pressure exchanges to list their unnecessary new fork.

Once it gathers enough momentum (sometimes artificial), exchanges feel pressured to list the fork and then, since everyone already has some, they start trading it, which makes everyone wrongly believe that it's valuable.

Fortunately, recent forks have failed to keep that cycle going because their game has become far too transparent at this point. It doesn't matter how many new forks there are at this point if none of them get on exchanges.

andylioe78

member

Activity: 267

Merit: 10

this is altcoin made every day..their goal is to make money! most of these have added premines to their coins which means as soon as the new block on the altcoin (branched coins) begins to be made the developer gets his hands on a large number of his own coins which he can then throw them in the market. and make a lot of money out of thin air.

Wind_FURY

legendary

Activity: 2898

Merit: 1823

Bitcoin is becoming nothing but a "meme" for some developers, especially the less skilled ones. If they really did care about the network or the protocol, wouldn't they develop something that would make Bitcoin more useful?

Quote from: Ginzink on April 15, 2018, 12:53:56 AM

Bitcoin cash is the only fork worth mentioning lately. The politics themself in bitcoin now is probably against his vision i would guess? There are so much money in it now that the idealism have a hard time winning!

As bitcoin cash did not win the name it lost before it got started though. For the masses which we are trying to reach bitcoin is bitcoin. Bitcoin cash is one of thoose other coins there are thousands of. What i think is a shame is that pos is a much better option for the environmemt but that just wont happen for the original bitcoin. The miners will not agree to loose their income.

Also could i ask someone more experienced, with pos could you still implement that the maximum amount of coins is the same as now in 2140 or when it was we reach the limit?

Are you saying that you support Bitcoin Cash? Your post in confusing.

Ginzink

full member

Activity: 462

Merit: 118

Quote from: rommelzkie on April 15, 2018, 12:43:02 AM

And the true bitcoin is bitcoin cash. This is the truth because it follows satoshi nakamoto's plan to scale is just to increase the MB block.

But due to crypto politics that was not followed.

Bitcoin cash is the only fork worth mentioning lately. The politics themself in bitcoin now is probably against his vision i would guess? There are so much money in it now that the idealism have a hard time winning!

As bitcoin cash did not win the name it lost before it got started though. For the masses which we are trying to reach bitcoin is bitcoin. Bitcoin cash is one of thoose other coins there are thousands of. What i think is a shame is that pos is a much better option for the environmemt but that just wont happen for the original bitcoin. The miners will not agree to loose their income.

Also could i ask someone more experienced, with pos could you still implement that the maximum amount of coins is the same as now in 2140 or when it was we reach the limit?

rommelzkie

full member

Activity: 294

Merit: 125

And the true bitcoin is bitcoin cash. This is the truth because it follows satoshi nakamoto's plan to scale is just to increase the MB block.

But due to crypto politics that was not followed.

Pursuer

legendary

Activity: 1638

Merit: 1163

Where is my ring of blades...

Quote from: 3BCcash on April 15, 2018, 12:13:52 AM

Really there are these much bitcoin forks? Why are there forks anyway? Isnt one bitcoin enough?

these are altcoins and altcoins are being created every day.
the reason for it is because it is easy to create one, specially when you are forking an existing cryptocurrency which is practically copy pasting the code (which is open source and free to use) and creating your own coin.
the purpose of them is to make money! most of these have added a premine to their coin which means as soon as the new blocks on that altcoin (the forked coin) started being created the developer got his hands on a large number of his own coin which then he could dump on the market and make a large amount of money out of thin air.

3BCcash

newbie

Activity: 29

Merit: 0

Quote from: @ngelcryptopia on April 14, 2018, 11:51:44 PM

Do you know there have now been a total of 69 bitcoin forks.
Ever since Bitcoin Cash launched, there had been many forks, with the likes of Bitcoin Coral, Bitcoin Sudo, and Bitcoin Star. Most of the bitcoin forks don’t have exchange listings.
Of the 69 bitcoin forks to date, just 10 are tradable on exchanges.
1. BCH
2. BTG
3. BTX
4. BTCP
5. BCD
6. SBTC
7. BCX
8. B2X
9. BCA
10. CLAM
Bitcoin cash is the only one trading above $100 while the rest might not be worth the holders' effort to claim the forked coins.

Really there are these much bitcoin forks? Why are there forks anyway? Isnt one bitcoin enough?

Herbert2020

legendary

Activity: 1946

Merit: 1137

Quote from: @ngelcryptopia on April 14, 2018, 11:51:44 PM

10. CLAM

if you start including altcoins like CLAM in the list of altcoins that forked from bitcoin then the list will grow as big as nearly 700 coins since all of them forked from bitcoin one way or another. and you can even include secondary forks like the fork of forks (eg a fork that was created from LTC) then the number grows even bigger.

@ngelcryptopia

member

Activity: 238

Merit: 11

Staker.network - POS Smart Contract ETH Token

Do you know there have now been a total of 69 bitcoin forks.
Ever since Bitcoin Cash launched, there had been many forks, with the likes of Bitcoin Coral, Bitcoin Sudo, and Bitcoin Star. Most of the bitcoin forks don’t have exchange listings.
Of the 69 bitcoin forks to date, just 10 are tradable on exchanges.
1. BCH
2. BTG
3. BTX
4. BTCP
5. BCD
6. SBTC
7. BCX
8. B2X
9. BCA
10. CLAM
Bitcoin cash is the only one trading above $100 while the rest might not be worth the holders' effort to claim the forked coins.

Topic: Interesting Trivia on Bitcoin fork - page 2. (Read 329 times)