Like it or not, forking bitcoin has become an efficient approach for blockchain teams to receive quick money. How many forks will we have? Are there services support them?
No.-1 A Glimpse at Forked Coins Already Existing
Bitcoin Cash (BCH), the first bitcoin fork, was only listed on Viabtc when it first came out. Most of the bitcoin community, if not all of them, thought it was just a joke at first. The emergency difficulty adjustment (EDA) mechanism BCH adopted led to unstable block times, but since the November 13 upgrade and recent price spikes, it is safe to say that BCH has survived and is enjoying more support from exchanges and wallets.
Ordinary wallets supporting BCH include: Bitcoin.com, Electron Cash, Coinomi, Webmoney, Strongcoin, Stash, Jaxx, Bitpay, BTC.com. Hardware wallets: Ledger, Trezor, Keepkey. Paper wallets: Cashaddress, Walletgenerator. Mobile wallets apps: Bitcoinindia, Mobi and more. Official BCH wallets: Bitcoin ABC, Bitcoin Unlimited, XT, Parity, and Bitprim.
No.2- Bitcoin Gold (BTG), the GPU-friendly forked coin based off of bitcoin, was created on October 25 to compete with BCH and to fight mining centralization, according to its creator Jack Liao.
Ordinary wallets supporting BTG: Coinomi, Bitpie, Guarda, Freewallet. Official BTG wallet: BTGWallet.online. Hardware wallets: Trezor, and Ledger. News.Bitcoin.com spoke with Ledger’s Vanessa Rabesandratana who shared how to claim BTG at Ledger.
No.3- Forked at block 494604, Bitcoin Diamond (BCD) has been launched at over 30 exchanges. Among them, EXX has distributed BCD rewards to users and listed BCD/BTC futures trading.
The BCD team so far has only released information about its lead Chinese community leader Yang Linke, former founder of BTC China and creator of ICO Coin. Sources believe that BCD was actually initiated by Yang Linke.
No.4- Super Bitcoin (SBTC) is planned to fork at block 498888, and we’re already seeing SBTC futures reach over 0.13 BTC, surpassing BCH on the very first day. Other exchanges and wallets haven’t issued any notice on it. The total number of SBTC is 21.21 million of which 210,000 are pre-mined.