Cryptocurrencies like Bitcoin can be “forked.” In simple terms, this either creates two versions of a coin or updates one version.
Sometimes new coins are created this way.
In other cases coins can be “airdropped” to people who hold existing coins for a myriad of reasons.
This section includes information on cryptocurrency forks and airdrops.
KIN, an ERC-20 by the company Kik, plans to fork and create its own blockchain. Assuming everything goes as planned, KIN holders will have KIN on the new blockchain in ratio to KIN held on the Ethereum blockchain.
The Bitcoin Cash fork snapshot is on November 15th (11/15/2018 at 4:40pm UTC). The expected result is two Bitcoin Cash chains and two Bitcoin Cash tokens. These two versions of Bitcoin Cash are commonly called BTCABC and BTCSV. Assuming all goes as planned, BCH holders will get the forked asset, Bitcoin SV, at a 1:1 ratio to BCH.
Sia (SC) is forking on October 31st, 2018. This fork is a little complicated because it arose out of an argument between users, miners, devs, etc.
Here is a simple version of how to ensure you qualify for every cryptocurrency fork and airdrop and claim every fork and airdrop safely.
A new team took over Zclassic (ZCL) and they forked ZCL and BTC to create ANON. The snapshot blocks for ANON were ZCL 382,307 and BTC 540,870. We will walk you through how to claim ANON.
Zclassic (ZCL) Twitter had an ominous tweet back in April in which it essentially pronounced itself dead, but that Tweet has been removed. Zclassic now seems to support itself and ZCL forks such as Bitcoin Private and Anonymous Bitcoin.
Zclassic (ZCL) and Bitcoin (BTC) are forking to create Anonymous Bitcoin (ANON). The snapshot block will occur on Sept. 10th. Anyone holding either coin during the snapshot will get 2:1 ANON for each ZCL and 1:! ANON for each BTC they hold.
Dogecoin rallied last week almost touching BTC high from January 2017. No other top crypto has done that yet. This is likely a response to the upcoming Dogethereum. But one has to wonder if it Doge isn’t acting as a canary in an altcoin gold mine.
Ethereum Classic is doing a fork in May to remove a difficulty bomb that would essentially stop new ETC from being created down the road. No new coins are created from this fork, it is just a software update. The fork will occur at block 5,900,000.
TRON (TRX) was an ERC20 token on the Ethereum network. However, it is moving to its own network and plans to airdrop TRON to Ether (ETH) holders as a thank you.
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