With Bitcoin Cash we learned that Bitcoin can fork its block to create new “improved” versions of Bitcoin, this translates to bitcoin clone for free, under certain conditions and wallets.
Bitcoin Cash fork in block 478558 generated much distrust and many investors even protected in etherum and other currencies. After duplicating block many exchangers offered methods to claim the forks and we were all happy, because the forks when cloning the block your bitcoins are duplicated in quantity. Then it´s a matter of time to increase the value of it.
Strategically speaking, the fork helps the price market capitalization and rise as everyone will hold for the forks with the same amount saved.
In December we have at least 4 forks on the table, this will increase the transaction of migration to bitcoin, the networks will become more saturated and we will all try to hold to recover the cloned versions.
The new Forks in the game:
Super Bitcoin – 15th December
The expansion war in the past three years has severely hindered the development of the bitcoin technology. Bitcoin has lost a tremendous share of the cryptocurrency market given aggressive competition coming from the likes of ethereum and Zcash. The bitcoin community has therefore gathered a group of enthusiasts and developers who share the goal to revitalize the bitcoin dominance. The fork will take place at block height 498888, after which, new functionalities will be added to the forked chain. The original bitcoin holders will be compensated with one super BTC for every BTC held.
Bitcoin Platinum – 12th December
Bitcoin Platinum uses blockchain technology to operate with no central governance or 3rd party interference; managing, issuing and maintaining bitcoins is carried out collectively by the decentralized network.
Bitcoin Platinum is open-source; its design is public, nobody owns or controls Bitcoin Platinum and everyone can take part. The future shines brightly with unrestricted growth, global adoption, permissionless innovation, and decentralized development.
Bitcoin Uranium – 31th December
Bitcoin Uranium is a fork of the Bitcoin blockchain that will occur in December. At the predetermined block height, Bitcoin Uranium miners will begin creating blocks with a new proof-of-work algorithm, and this will cause a bifurcation of the Bitcoin blockchain. The original Bitcoin blockchain will continue on unaltered, but a new branch of the blockchain will split off from the original chain. The new branch is a distinct blockchain with the same transaction history as Bitcoin up until the fork, but then diverges from it. As a result of this process, a new cryptocurrency will be born.
Bitcoin Cash Plus – 15th December
Bitcoin Cash Plus brings sound money to the world, fulfilling the original promise of Bitcoin as “Peer-to-Peer Electronic Cash”. Merchants and users are empowered with low fees and reliable confirmations. The future shines brightly with unrestricted growth, global adoption, permissionless innovation, and decentralized development. All Bitcoin holders as of block 501407( about january 2nd ,2018 7am) are also owners of Bitcoin Cash Plus. All are welcome to join the Bitcoin Cash Plus community as we move forward in creating sound money accessible to the whole world.
Definitely 2018 will bring us the war of clones this will be created to support the bitcoin and increasing its participation in the market capitalization.