It seems forking bitcoin has become a new cryptocurrency obsession lately as a myriad of bitcoin clones are joining the economy. Now two more bitcoin fork ‘snapshots’ seem to be on the horizon, called “Bitcoin God” and “Bcash”.
Chandler Guo Wants to Give a Symbolic Gift by Launching ‘Bitcoin God’ on December 25
We continue to hear about new bitcoin snapshot clones called diamond, rubies, gold, lightning, and now there’s allegedly a ‘Bitcoin God’ network coming. A network snapshot is basically a clone of the bitcoin blockchain taken at a precise block height. This means the new chain shares the exact same history as the legacy blockchain, up until that specific time. From there the new blockchain splits off and records its own transactions and blocks mined going forward. Further, the new network can have entirely new characteristics like bitcoin gold’s equihash consensus mechanism; which is different than bitcoin’s proof-of-work (PoW).
The well-known Chinese cryptocurrency investor Chandler Guo has revealed he is launching a bitcoin-based fork that will use the ticker ‘GOD.’ Guo details the project is coming December 25 and explains there will not be a premine.
“Bitcoin God (GOD) will be forked off the main bitcoin chain at the block height of 501225, which will happen on December 25th to be symbolic of me giving candy to all bitcoin holders — The total amount will be 21 million — No pre-mine,” explains Chandler Guo via Twitter.
After Guo made Read More Here