May 11, · How Many Bitcoin Forks Are There And Should You Care About Them 29 Aug For a lot of people there is only Bitcoin (BTC) and a couple of other popular forks for Bitcoin such as Bitcoin Cash, Bitcoin SV or Bitcoin Gold, but in reality there are much more than just these. According to a website called Forkdrop that is tracking the available. However, while claiming these forked coins, many people outside the CoinSutra community complained of being scammed and robbed of their Bitcoin because they used malicious wallets to store their coins. Any given Bitcoin fork could end up being real or not. So far many forks have turned out to be legitimate, while a few are suspected to be fake. See notes below for specifics on each fork. From late to as many as 20 Bitcoin forks occurred, the amount of Bitcoin forks .
Bitcoin too many forksBitcoin: Too Many Forks? 44 Emerged in 10 Months
Forks require consensus to be resolved or else a permanent split emerges. The following are forks of the software client for the bitcoin network :. All three software clients attempt to increase transaction capacity of the network. None achieved a majority of the hash power.
Hard forks splitting bitcoin aka "split coins" are created via changes of the blockchain rules and sharing a transaction history with bitcoin up to a certain time and date. The first hard fork splitting bitcoin happened on 1 August , resulting in the creation of Bitcoin Cash. From Wikipedia, the free encyclopedia. Redirected from List of Bitcoin forks. Wikipedia list article. Main article: Fork blockchain. Retrieved 17 June Mastering Bitcoin: Programming the Open Blockchain 2 ed.
USA: O' Reilly media, inc. This fork seems to have occurred, the information on it is limited. Bitcoin 2 : I will from now on only discuss coins that I can confirm are worth taking seriously with the exception of Clean and Lunar as those were already written.
Big Bitcoin: Bitcoin Cloud: Bitcoin Candy: Bitcoin Lambo: ClassicBitcoin: Block will be the first bitcoinClean block. The name implies that it will occur the first day of spring is the 20th March and at GMT according to their Twitter. A fork of Primecoin and Bitcoin, with atomic swaps. It is like the Zclassic fork Bitcoin Private where two coins fork into one. Perhaps not surprisingly it being developed by the developer of Zclassic. It is a fork of Zclassic and Bitcoin.
One might think it has the same devs as Bitcoin prime, but one would be wrong. Just a similar method of forking. Smart Bitcoin: oddly, not related to Bitcoin Smart. Fox BTC: Bitcoin Reference Line: MicroBitcoin: BItcoin Class: Bitcoin Dao: Bitcoin RM: Bitcoin Air: Bitcoin Post-Quantum: Bithereum: Bitcoin Stash: Bitcoin Dollar: TBA.
Bitcoin Metal: TBA. Hex: TBA. Bitcoin All: TBA. More Bitcoin forks coming soon in and beyond. How to Understand the Above Forks To summarize and connect some dots, each coin above tends to be a Bitcoin version of another coin or a Bitcoin with a feature common in crypto. Here are some examples: Super Bitcoin and BitcoinX are Ethereum competitors of sorts; they use smart contracts like the Ethereum network.
Bitcoin private is a privacy version of Bitcoin Gold. Bitcoin God is a mix of all these meant to reward people for holding Bitcoin. And so and so on. When bitcoin XT declined, some community members still wanted block sizes to increase.
In response, a group of developers launched Bitcoin Classic in early Unlike XT, which proposed increasing the 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, nodes for several months during The project also still exists today, with some developers strongly supporting Bitcoin Classic.
Nonetheless, the larger cryptocurrency community seems to have generally moved on to other options. 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. Put simply, SegWit aims to reduce the size of each bitcoin transaction, thereby allowing more transactions to take place at once. SegWit was technically a soft fork.
However, it may have helped to prompt hard forks after it was originally proposed. 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 , 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 cash allows blocks of 8 megabytes and did not adopt the SegWit protocol. 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 , 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.
Generally, bitcoin gold adheres to many of the basic principles of bitcoin. However, it differs in terms of the proof-of-work algorithm it requires of miners. When SegWit was implemented in August , developers planned on a second component to the protocol upgrade.