In many cases forked coins end up being quick cash grabs, failed projects, jokes, or even scams. So in general, you should research a given fork before you claim it or chase after it. Below is a full list of all Bitcoin forks past, present, and future. First a few more notes:. See the additional notes at the bottom of the page for more information on how to claim forked coins and how to be in Bitcoin for the fork.
T he following Bitcoin forks either occurred from — or are planned for and beyond. Ratio is Specifically, ForkDrop. NOTE : Of all the above forks almost none have preformed well and got listed on major exchanges. If you sort on ForkDrop. 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. So for example a Bitcoin with Ethereum like smart contracts, or a Bitcoin with privacy like Monero.
Super Bitcoin and BitcoinX are Ethereum competitors of sorts; they use smart contracts like the Ethereum network. Bitcoin Platinum and Bitcoin Cash Plus are both essentially Bitcoin Cash competitors since they are competitors for Bitcoin as a currency.
Bitcoin Interest is a proof of stake Bitcoin, a seldom-used alternative to proof of work that pays interest to holders. Bitcoin Silver and Bitcoin Uranium are both Bitcoin Gold competitors, competitors for Bitcoin as a value store that is profitable to mine. More than just the forks : Bitcoin United United Bitcoin is another potential Bitcoin product of sorts. Not much has changed since July. Yes, that really is a full list of every hard fork before late You should not, however, try to claim or buy any of the above coins without confirmation from some major wallets or exchanges that the coin is live and stable.
There is very likely to be people out there creating fake wallets, directions, buying opportunities, etc. Meanwhile, the Segwit2x fork was a serious project but was canceled. Thus, be skeptical, but be prepared in case some of these do end up being actual forks. Bitcoin Cash and Bitcoin Gold ended up being real. People dismissed Bitcoin Cash and Bitcoin Gold before they occurred. It is easy to be dismissive, but its far safer assume the forks are real. Thus, you need to be careful sending Bitcoins after they occur and also to make sure you are in Bitcoin before the fork.
To ensure you get your coins from the above Bitcoin forks for the Bitcoin you are holding , make sure to be in a Bitcoin wallet that supports the forks Coinomi has been good about this. You can also use an exchange like Binance with a good record of supporting forks. Binance has supported Bitcoin Cash, Gold, Segwit2x, Diamond, and Super Bitcoin and has offered futures on or around the snapshot date for each as far as I recall; meanwhile, as a user pointed out, hitbtc has been good about supporting forks.
Super Bitcoin futures were tradable on hitbtc immediately after the fork for example. Otherwise, you need to be in control of your private keys when the forks occur for example in a wallet like Bitcoin Core. In general, being in control of your private keys is the recommended method. To claim your fork coins you will need to then follow the directions of a third party wallet or platform if you used of those. TIP : It is good practice to wait until someone else braves the process of claiming a forked coin.
Checking Medium. Putting private keys associated with balances of Bitcoin into a malicious or poorly implemented wallet could result in you losing your original coins if something goes wrong. Following those forks, many more forks were announced such as Bitcoin Interest and Bitcoin Ore. First a few more notes: 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 has only grown since then.
Anyone holding Bitcoin in a wallet where they are in control of their private keys, or anyone holding Bitcoin on a platform the supports a given fork, will be privy to a given fork. How you claim your forked coins depends on where you hold your coins.
It is rare for exchanges to support forks, so if you do want to claim forks, make sure to use a wallet where you control your private keys. That said, if you are going to claim forks, please read the advice below on best practices for claiming a fork! Each fork occurs at a block number AKA block height. To qualify for the fork, you must be in Bitcoin before the block height for that fork occurs. A List of Recent and Upcoming Bitcoin Forks — T he following Bitcoin forks either occurred from — or are planned for and beyond.
Block NOTE : Snapshot block already occurred; the coin has officially been released and trades on a number of exchanges. No-premine, proof of stake, CPU mining, 2mb blocks. Block , Bitcoin World BTW. Around December 23rd. Not to be confused with LiteBitcoin. Bitcoin God GOD : No pre-mining, no central team in theory , smart contracts, large blocks, POS mining, lightening network enabled, zero-knowledge proof, etc.
Originally said to occur Dec. In fact, in what started as less than a cent in , it quickly increased to a few dollars per transaction. However, before the hard Bitcoin fork was performed, the group of developers tried to convince the Bitcoin community to make the required changes within the original Bitcoin client.
The changes that a team of developers wanted to make was to increase the maximum block size from 1MB to 8MB. This would allow miners to add more transactions into a block, which would have reduced the fees that Bitcoin users pay to transfer funds. Remember how I said a soft fork needed to receive the majority vote? The Bitcoin Cash blockchain was officially launched on 1 st August Just like Bitcoin, the Bitcoin Cash supply is limited to 21 million coins and each block takes 10 minutes before it is confirmed.
On the other hand, as the maximum block size was increased by eight times, it allowed the Bitcoin Cash blockchain or Bitcoin fork to scale more transactions. Scalability or scaling is the maximum amount of transactions that a particular blockchain can process every second. Bitcoin is very limited in this sense as it can only process an average of 7 transactions per second.
This is one of the things that are currently letting Bitcoin down — if it is going to be used as a global payment system, it must improve its scalability performance. Source: cointelegraph. Due to the changes that were implemented after this Bitcoin split, Bitcoin Cash can process about 61 transactions per second. What this means is that if you held 0. Since this Bitcoin fork was launched, it has been a very successful project.
In fact, at the time of writing in June , it is the fourth most valuable cryptocurrency in the industry. The main person behind the Bitcoin Cash project is a well-known cryptocurrency investor called Roger Ver. Ver, often referred to as "Bitcoin Jesus", believes that Bitcoin Cash is actually the "Real Bitcoin", and he thinks it will overtake Bitcoin as the number one cryptocurrency.
Bitcoin is the most important invention in the history of the world since the internet. So, now that you know about the Bitcoin Cash fork, the next Bitcoin hard fork that I wanted to discuss is Bitcoin Gold. While Bitcoin Cash was concerned with reducing transaction fees, the people behind Bitcoin Gold wanted to make Bitcoin more "decentralized". This is because the vast majority of Bitcoin mining is controlled by just a few pools in China.
Once the Bitcoin reward is won, it is divided between the pool, based on how much each person has invested. Ultimately, this gives the people running the mining pool lots of power and influence over the network, which is why some believe that this Bitcoin fork has become too centralized. In the early days before mining pools became dominant, it was possible to mine Bitcoin by using a basic CPU or GPU, meaning that anybody could do it in the comfort of their own home.
Those days are now long gone if you want a chance of winning the reward — not only do you need to be part of a mining pool, but you also need to own really expensive ASIC hardware. But guess who manufacturers a lot of the mining hardware? One of the largest mining pools in the industry! Well, obviously the Ferrari as it has the most powerful engine! However, Bitcoin Gold changes things so that instead of a Ferrari being in the race, there are just 10 Mini Coopers, giving everybody a fair chance of winning.
However, instead of taking 10 minutes like Bitcoin, Bitcoin Gold can confirm a transaction in just 2. The other major difference is the way that miners verify transactions. Just like the Bitcoin Cash fork, anyone holding Bitcoin at the time of the launch received identical amounts in Bitcoin Gold. Since it was launched, Bitcoin Gold has also performed really well.
This attack is actually quite ironic because the whole point of Bitcoin Gold was to prevent centralized miners from gaining too much control. Its founder and main developer, Rhett Creighton, also created ZClassic and since then, others have joined the team. The idea Creighton had was to combine the privacy and secrecy of ZClassic with the security and popularity of Bitcoin.
In total, there will be a maximum supply of 21 million BTCP coins. The block size is double the size of Bitcoin at 2MB and it is also able to confirm a transaction four times faster. Furthermore, just like Bitcoin fork BTC Gold, the mining mechanism has been modified to prevent people from using expensive hardware, meaning that it is a much fairer and equal network than Bitcoin. To clarify, it also uses the Proof-of-Work consensus mechanism.
Not only is Bitcoin Gold much faster and fairer than the original Bitcoin, but as its name suggests, it also allows more private transactions too. Although each movement of funds is still posted to the public ledger, both the sender and the receiver remain private. This is slightly different from the original Bitcoin, as although the real-world identity of the sender and receiver are not revealed, it is possible to find out how much a certain Bitcoin address has.
Not only that, but you can also see how much a particular address has sent and received in the past. Bitcoin Diamond was directly forked from the original Bitcoin client. The main focus of its development team was to allow users to remain even more anonymous. In this sense, its purpose is very similar to Bitcoin Private. When it was first launched in November , Bitcoin Diamond distributed their coins in a slightly different way to the other Bitcoin forks I have mentioned.
While the others all kept their total supply to 21 million coins, Bitcoin Diamond increased this by 10 times. As a result, if you held 0. Just like Bitcoin Cash, the maximum block size was increased from 1MB to 8MB, and its transaction confirmation time is 10 minutes. If you have read this Bitcoin Fork guide up to this point, you now have a good idea of the most popular forks that have happened so far.
Before we move on, take a look at the below comparison chart, which compares the main features of the different forked blockchains. Looking for more in-depth information on related topics? We have gathered similar articles for you to spare your time. Take a look! Learn how to buy Litecoin with PayPal instantly.
Wondering how to buy NEM cryptocurrency? Before I continue, I want to mention a few important things that you should consider if you are holding Bitcoin and expecting some free coins from any upcoming Bitcoin forks. Anonymous Bitcoin: This project is looking to combine Proof-of-Work and Proof-of-Stake to improve the way transactions are mined.
BitcoinZeroX: This Bitcoin fork date is scheduled for September , however it is yet to be confirmed. The fork will be a combination of Bitcoin and Hexxcoin. As you probably know, Bitcoin is the first and original cryptocurrency. When it was launched in , the main purpose of Bitcoin was to create a global payment system that could be used by anyone in the world, without needing transactions to be confirmed by a third party.
However, even though Bitcoin is coming up to its tenth year of trading, transaction times are still very slow at just 10 minutes. Furthermore, the network can only handle around 7 transactions per second and transaction fees seem to be getting higher and higher. There are lots of other blockchain projects that can handle faster, cheaper and more efficient transactions, which makes them much more suitable for a global payment system. This is similar to a real-world asset like Gold or Silver.
However, this is only my personal opinion. I could be right or I could be completely wrong! Learn what is the best time to buy Bitcoins, and when to sell Bitcoin, too!