Bitcoin News Update

in #bitcoin6 years ago

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Here is the great opportunity for all of us guys.
The hardfork of bitcoin is coming and here is the deal we all can earn atleast a 5x to 10x.
Yes guys i am not crazy its true. We all know that history repeats itself and here we are.

HARD FORK
Here is the discription of what is hardfork. I know many of us are new and we dont know many of terms used by analyst:

Many of these cryptocurrencies make use of aspects that were already inherent in Satoshi's initial program and concept. Others take the bitcoin model and adapt or attempt to improve upon it. In some cases, bitcoin has spawned variations which are based on the same underlying concept and program but which are distinct from the original. In these situations, the bitcoin blockchain has undergone a process known as forking, through which the blockchain itself is divided into two distinct entities.
It is through this forking process that various digital currencies with names similar to bitcoin have come to be: bitcoin cash, bitcoin gold and others. For the casual cryptocurrency investor, it can be difficult to tell the difference between these cryptocurrencies and to map the various forks onto a timeline.

Some of the hardforks are listed below:

Bitcoin XT : was one of the first notable hard forks of bitcoin. The software was launched by Mike Hearn in late 2014 in order to include several new features he had proposed. While the previous version of bitcoin allowed up to seven transactions per second, bitcoin XT aimed for 24 transactions per second.

Bitcoin Classic
When bitcoin XT declined, some community members still wanted block sizes to increase. In response, a group of developers launched Bitcoin Classic in early 2016. Unlike XT, which proposed increasing block size to 8 megabytes, Classic intended to increase it to only 2 megabytes. Like Bitcoin XT, bitcoin classic saw initial interest, with about 2,000 nodes for several months during 2016. The project also still exists today, with some developers strongly supporting Bitcoin Classic.

Bitcoin Unlimited
Bitcoin Unlimited remains something of an enigma some two years after its release. The project's developers released code but did not specify which type of fork it would require. Bitcoin Unlimited set itself apart by allowing miners to decide on the size of their blocks, with nodes and miners limiting the size of blocks they accept, up to 16 megabytes. Despite some lingering interest, Bitcoin Unlimited has largely failed to gain acceptance.

Bitcoin Cash
In response to SegWit, some bitcoin developers and users decided to initiate a hard fork in order to avoid the protocol updates it brought about. Bitcoin cash was the result of this hard fork. It split off from the main blockchain in August 2017, when bitcoin cash wallets rejected bitcoin transactions and blocks.

Bitcoin cash remains the most successful hard fork of the primary cryptocurrency. As of this writing, it is the fourth-largest digital currency by market cap, owing in part to the backing of many prominent figures in the cryptocurrency community and many popular exchanges

Bitcoin Gold
Bitcoin gold was a hard fork that followed several months after bitcoin cash in October 2017. The creators of this hard fork aimed to restore the mining functionality with basic graphics processing units (GPU), as they felt that mining had become too specialized in terms of equipment and hardware required.
One unique feature of the bitcoin gold hard fork was a "post-mine," a process by which the development team mined 100,000 coins after the fork had taken place. Many of these coins were placed into a special "endowment," and developers have indicated that this endowment will be used to grow and finance the bitcoin gold ecosystem, with a portion of those coins being set aside as payment for developers as well.

Many of us have understood the meaning of hardfork now the question is what we have to do and how we can earn?
It is the most important question!

The holders who are holding 1 bitcoin or 1 zclassic coin will get hardfork in 1:1 ratio .
So here we go this increase the demand for zclassic as it is easier to hold a coin worth around 10 dollar than a coin worthing more than 6000 dollar.
zclassic coin is available on crytopia from there you can buy and dont forget its already 2x from where it was around 2 days before.
The same had happened 6 to 8 months before from where its price roketed to around 100x so we can easily expect to give atleast 10x this time.
BUT PLEASE DO YOUR OWN RESEARCH AS IT IS VERY EASY TO LOOSE MONEY IN CRYPTO.

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