Coinomi announced on its Twitter that it will be supporting the cryptocurrency Zclassic as well as the Zclassic Bitcoin fork “Bitcoin Private.”
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.
Between 2017 and 2018 there at least 20 Bitcoin forks planned, if not more. Each fork potentially nets Bitcoin holders “free coins” based on their current Bitcoin holdings.
Bitcoin has struggled to stay in the $14k range after hitting a high of $20k. Logic might say sell and wait, but those who sell could miss a number of forks.
To get “free coins” from a Bitcoin fork, you need to have Bitcoin on a platform that supports the fork before the block height at which the fork occurs.
Zclassic (ZCL) plans to fork Bitcoin (BTC) to create Bitcoin Private (BTCP). Holders of both Zclassic and Bitcoin will qualify for the Bitcoin Private fork. The snapshot date is February 28th, 2018.
Many Bitcoin forks have occurred or been announced. We know Coinbase/GDAX supports Bitcoin Cash and Bitcoin Gold, but will they support the new forks?
We present a guide to Bitcoin forks including past forks and upcoming Bitcoin forks for 2018 and beyond. This page was written in 2017 but is continuously updated as more forks are announced.
Despite an official cancellation it seems a group of miners went ahead with Segwit2x anyways. The Bitcoin Segwit2x fork happened at block 494,784. This block occurred early Nov. 17 Pacific Time.
Many, including us, predicted alts would rally after the fork and Bitcoin would pull back. The fork didn’t happen, but the announcement that the fork was cancelled had this effect.
Bitcoin’s SegWit2x fork is canceled. This means a hard fork will not be occurring at at block 494,784 (which was expected Nov. 16).