Sentences with phrase «bitcoin on fork»

If you own bitcoin on fork day, you will also receive equal value of the newly minted digital currency.

If you own bitcoin on fork day, you will also receive an equal value of the newly minted digital currency.

So whatever happens, you can always export your keys and get access to your bitcoin on any fork.

For example, if a user wants to spend two Bitcoin on the legacy ledger, a replay attack could cause an equal transaction of two Bitcoin on the forked ledger as well.

Not exact matches

Thomas added that Ripple's own digital currency, known as XRP, is less vulnerable to forks or unpredictable changes because, unlike bitcoin, it relies on voting measures that favor users more than miners.

On August 1, the miners will implement a software update that will create a so - called «fork» and result in two versions of the bitcoin blockchain — and two forms of the currency as well.

«If I put myself into the mind of one of those exchanges, they're kind of damned if they do and damned if they don't [support a fork] because their success depends on the price of bitcoin,» said Stefan Thomas, the CTO of crypto - currency company Ripple.

Coinbase customers wondering if they'll ever get their hands on their Bitcoin Cash may take some comfort in what happened following a similar digital currency fork — involving a currency called Ethereum — last year.

The Bitcoin Cash fork was created by a developer that wanted to increase block sizes, with the hypothetical result being more transactions being processed on the blockchain.

Prior to the Bitcoin Cash fork, this is what the Coinbase cold storage balance looks like based on our analysis.

The bitcoin community is divided on whether or not this fork of bitcoin's blockchain is a good thing.

The Bitcoin Gold fork is projected to take place on October 23rd.

Bitcoin has been on a tear in recent weeks, with the price rallying ahead of a planned «fork» in the underlying code of the cryptocurrency next week.

We wanted to give customers another update on two upcoming Bitcoin forks — Bitcoin Segwit2x and Bitcoin Gold.

The Bitcoin Segwit2x fork is projected to take place on November 16th and will temporarily result in two bitcoin blockBitcoin Segwit2x fork is projected to take place on November 16th and will temporarily result in two bitcoin blockbitcoin blockchains.

Since Su's comments on July 25, bitcoin saw a surprise «fork» of its software, introducing a new version of the cryptocurrency called bitcoin cash alongside the original bitcoin.

We wanted to give our customers an update on the recent Bitcoin hard fork.

from the Bitcoin world (which had a monumental impact on the community and signaled the «blowing up» point of this argument), he initiated the Bitcoin XT hard fork for the following reasons:

This is faster, simpler, and cheaper than creating a coin because it doesn't require the time and effort to build and maintain a new or forked blockchain and instead relies on the technology already in use for Bitcoin or Ethereum.

This means that if we are running Bitcoin Core and the miners do as they have indicated, we would find ourselves on a minority fork of Bitcoin.

While some miners temporarily «lost coins» as they had been mining on another fork, they were compensated by others in the Bitcoin community.

Bitcoin Gold is the latest hard - fork of the official Bitcoin cryptocurrency, created on October 25.

The Bitcoin community managed to come together and agree on one fork to maintain as the only fork going forward.

However, you might want to use your Bitcoin on the Bitcoin Big fork, but since you don't have access to your private keys you're SOL.

Block production on a minority fork of Bitcoin would be inconsistent, and it may cease to operate without emergency measures.

Hard Fork will Make Bitcoin Cash Faster As the granddaddy of all cryptocurrency Bitcoin was a revolutionary idea built on groundbreaking technology, devised by...

We've received a lot of inquiries about our stance on the Bitcoin Cash Fork (known as BCC) that is scheduled to activate on August 1st.

Since the Hard Fork occurred on August the 1st, Bitcoin Cash price followed a downtrend from $ 972 to $ 280 dollars.

If the majority consensus on one of the chain after the fork, which means the non-viability of the other one, CoolWallet shall revert to providing access to the chain which keep the original Bitcoin name.

On Tuesday, August 1st at 1:16 pm UTC, the Bitcoin network experienced a fork which split the blockchain into two separate blockchains.

At that point some miners may decide to ignore that block and continue mining on a 1 MB block max - sized chain and that may create another fork in the Bitcoin Network.

If new enhancements are done to the protocol to allow Bitcoin (or a fork of thereof) to become a medium for everyday transactions (e.g. buy your Latte with Bitcoin), we'll need a stability mechanism in place, on top of security and scalability mentioned above.

They reached the conclusion that Bitcoin's scaling issues can be solved by a fork on Bitcoin.

The hard fork will occur on Oct 25th and to claim BGold you have to hold Bitcoin on your address at the time of the fork.

Bitcoin Gold will fork on block 491407 — just hold your BTC in a Legacy or Segwit address before.

The effect of this Bitcoin Cash hard fork will be visible on the currency's price as the date approaches.

And for the Bitcoin cash hard fork, they added strong Replay protection which means it's really protected on both sides and b cash or Bitcoin cash transactions if you will are not replaceable on the bitcoin network and viceBitcoin cash hard fork, they added strong Replay protection which means it's really protected on both sides and b cash or Bitcoin cash transactions if you will are not replaceable on the bitcoin network and viceBitcoin cash transactions if you will are not replaceable on the bitcoin network and vicebitcoin network and vice versa.

On August 1, 2017 the first ever hard fork of the Bitcoin blockchain occurred.

Bitcoin Cash is a new digital asset as a result of the hard fork from the Bitcoin network on August 1st 2017.

One of the features of bitcoin people find enticing — by no means the only one to be sure — is the fact that its supply is strictly limited (well, sort of — see our comment on «forks» further below).

Robert Ver, the CEO of Bitcoin, famously said that he is «incredibly bullish» on Bitcoin Cash, which was established last year, as a hard fork of Bitcoin.

A peer - to - peer cryptocurrency and fork of the Bitcoin Core shopper, Litecoin was launched by way of an open - source shopper on GitHub on October 7, 2011 by Mr. Lee.

Last week we reported on the news of another hard fork from Bitcoin Cash, I actually think somewhere we mentioned the word «forkception».

«Given that it's only about $ 1.50 a day in electricity, and I essentially break even, it's similar to getting a vote in the fork, and also purchasing Bitcoin on an exchange.»

For these unaware, Bitcoin Money is a fork of Bitcoin that was launched in August of final yr after a long - standing disagreement locally about tips on how to scale the most important digital foreign money.

Headed up by Jeff Garzik, the lead developer behind the failed SegWit2x hard fork, along with Matthew Roszak and SongXiu Hua, this UnitedBitcoin (UB) hard fork will offer replay protection to prevent people from accidentally spending their coins on both the Bitcoin and the UnitedBitcoin blockchains.

Forks on the bitcoin network regularly occur as part of the mining process.

On January 13th, 2018, at block height of 512666, a hard fork will happen on Bitcoin Cash (BCH) blockchain and create a new blockchain asset - Bitcoin Candy (Token: CDY; Website: www.bitcoincandy.oneOn January 13th, 2018, at block height of 512666, a hard fork will happen on Bitcoin Cash (BCH) blockchain and create a new blockchain asset - Bitcoin Candy (Token: CDY; Website: www.bitcoincandy.oneon Bitcoin Cash (BCH) blockchain and create a new blockchain asset - Bitcoin Candy (Token: CDY; Website: www.bitcoincandy.one).

The Bitcoin Gold fork is estimated to happen on...

Suppose you wanted to bet on the outcome of a future bitcoin hard fork, how would you go about doing that?