The Fork of a Fork of another Fork ?, Although you do not believe it, know about Bitcoin Private

Although it seems strange, this coin is actually born from the Fork Hard Fork of another fork. It should be noted that this quality is not the only important one, also the revolution that it generated in the design and implementation of Forks, because it was the first that unified two different chains in one. It also generated some controversy on Twitter, accusing it of being a "steals brand" or "thief of focus".

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Bitcoin Private, its birth and development

Bitcoin Private is created by the same person who designed ZClassic, the fork associated with ZCash, being essentially a fork of Bitcoin, for this reason it is known as "the fork of a fork of a fork".

The objective of this new cryptocurrency is to implement what has been learned by other Forks of the Bitcoin parent block, both ZClassic and Bitcoin Cash, being similar in most parameters to the blocks coming from, the possibility of sending payments securely while ensuring the anonymity of the sender, the recipient or the amount (or all three).

Private addresses are compatible with a protocol called Zero-Knowledge Succinct Non-Interactive Arguments of Knowledge, or zk-SNARKs for short.In addition to the zk-SNARKs technology, the developers behind BTCP retained Zclassic's ASIC-resistant Equihask protocol, which essentially promotes a decentralized network.

Its revolution is that it is the first fork that starts from two chains of different blocks, although one is a Fork of the other. The blocks where the Fork comes from are: 511346 BTC and 272991 ZCL.

The controversy associated with it is that Twitter users generated controversy around it, because they considered it as a copy of Bitcoin, being a "steal brand", for example, the operator Peter McCormack called it "brand theft" "E" unnecessary ", while a popular Twitter user @dandarkpill described the project as" an abominable medley of buzzword features. "

Current situation

Currently its price fluctuates around US $ 40, being its value stable without considering the peaks of the beginning of April, given that these were associated with the volatility of the regulations to higher value currencies, causing people to migrate to currencies of this style.

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Exchange Sites

TradeSatoshi
Nanex
Octaex
Exrates
BarterDEX
Sistemkoin
Future projections

CoinTelegraph analysts who follow this case from birth, intrigued by its characteristics of uniting blocks, monitor it primarily for interest in the development of associated technology.

Their projections are not in favor of it, in fact, prefer to stay at the edge because it has a considerable risk potential, do not claim that it is a scam, but highlight its instability as a platform.