Sentences with phrase «holders free coins»
The altcoin asset has been buoyed by a merchant acceptance release and a controversial hard fork promising holders free coins ten times their corresponding number of litecoins.
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The company also announced support for withdrawal of bitcoin «forks,» which are a method of giving holders of a certain coin free access to newly created coins.
They often offer an opportunity for coin holders to get a free airdrop which increases the value and investment levels in the original coin leading up to the fork.
Any bitcoin holder is eligible to receive any bitcoin fork, but these «free» coins come at a price.
Bitcoin Cash, the first major hard fork of the Bitcoin network, was swiftly followed by various other hard forks which issued «free» coins to holders who held BTC on the date the fork was created.
These are viewed as free giveaways and are often viewed as a bonus for the coin holder.
In order to implement an airdrop, the maker of a new coin can offer all of the holders of one cryptocurrency, like NEO, a chance to receive the up - and - coming token for free.
Airdropping is done by developers of newly minted cryptocurrencies who decide to give these new coins — for free — to holders of an existing cryptocurrencies.
Even litecoin benefited from the move, surging as investors sought to lock in holdings before litecoin cash cloned its blockchain and offered free coins to litecoin holders.