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.

The Bitcoin Cash Fork (Bitcoin SV) is Nov 15

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.

The Sia Fork Explained

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.

Ethereum Classic Difficulty Bomb Fork (May 2018)

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.