Bitcoin forks after December - coinpost.jp article translation

in #cryptocurrency6 years ago

Translator's notes: Some of the wording on the Japanese website was a little bit difficult to translate. There might be mistakes at some places, Bitcoin Unlimited is crossed out as it is a team working on developing BCH and not a new fork. Please be aware that most of these projects look like outright scams, take care of your coins and keys!

Translated by: kesh4n

An announcement of the birth of Bitcoin Diamond

Bitcoin Diamond (BCD) is a Bitcoin fork that occurs when the block number 495866 (around November 25 th) is reached, and it was announced on the official website that Bitcoin Diamond is born along with it.

Official site here : http://www.btcd.io/

The specifications of Bitcoin Diamond are released on the official site, and the blocksize is 8 times larger the same as Bitcoin Cash, which is 8 times that of Bitcoin. Risks of transaction clogging is lower than Bitcoin, and replay protection is also added. In Segwit 2x, it became a hot topic that replay attack countermeasures could not be done, but since BCD is made as a currency to supplement Bitcoin, measures are taken.

Features of Bitcoin Diamond


The Bitcoin diamond miners will dig a block with a new proof-of-work algorithm and inherit the original function of the Bitcoin and develop it further.
Bitcoin Diamond is a fork of the Bitcoin block chain, and it carries advanced technology while maintaining the function of Bitcoin.
What problems with Bitcoin are you trying to solve?

  • Lack of privacy protection
  • Delay in trading/transaction speed
  • It will be an entry point for new people

Supply amount and distribution

Supply amount of Bitcoin diamond is 2.1 billion coins (10 times BTC) supply amount will not increase.
10 BCD is given to 1 BTC

Folk list after December

From here down there will be rumors but in December, January there are rumors of six forks from bit coin and it feels like a fork festival.

Bitcoin Cash Plus


Fork scheduled date and time: When reaching 501407 blocks (around 2018 / January)

What is Bitcoin Cash Plus (Bitcoin Cash Plus)?
A very large number of currencies use the name of Bitcoin to capitalise on momentum, Bitcoin Cash Plus was announced in January 2018 again this time and is calling up a topic(?). It seems that it will be distributed by AirDrop when the number of blocks reaches 501407.

Bitcoin Cash Plus official website: http://www.bitcoincashplus.org/

Bitcoin Silver


Scheduled fork date: scheduled for December
Characteristics:

Super Bitcoin


Fork scheduled date and time: When reaching 498888 blocks (around December 17th)
Zcash + Litecoin + Ethereum + It is planned to implement these functions over a year on the roadmap in the currency which took the ticker of BTH.
Characteristics:

  • Zero knowledge proof (Zero conf ?)
  • Lightning network
  • Smart Contracts
  • Expanding the size of blocks to 8 MB

Super Bitcoin official website: https://news.bitcoin.com/initial-fork-offerings-ifos-the-new-way-to-fund-crypto-projects/

Bitcoin Unlimited


Fork scheduled date: unknown
Bitcoin Unlimited is a currency aiming to be a major pillar of Bitcoin using new technology.
Characteristic

  • Adjustable block size
  • Shorter block formation time
  • Faster transactions
  • Bitcoin Unlimited Official Site

Bitcoin Platinum


Fork scheduled date and time: 2017 / December 1st schedule (there is countdown on official website)
It is the strongest currency that combines the three features of BTC + BTG + S2X.
Characteristics:

  • Aiming to be truly decentralized
  • ASIC resistance becase of Equihash POW
  • No pre-mine
  • Adoption of Segwit 2x

Bitcoin Platinum official website: https://bitcoinplatinum.github.io/
Scheduled fork date: scheduled for 2017 / December 31
Detailed content has not been posted yet.

Bitcoin Uranium


Characteristics

Original article can be found here: http://coinpost.jp/?p=9126

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