Here we go again.
Another coming soon fork named Bitcoin Private (BTCP)
is about to enter the ring and try to get his piece of the market.
Looking at the price of ZClassic which is around 100 $ right now,
this might be a slick move to pump ZCL.
Or a new successful coin? We'll see.
More details can be found on their website https://bitcoinpvt.org/
Sometimes crypto-related posts, but mainly photographs by @okkiedot.
Have a good start into 2018, @okkiedot
Heard about this on SteemSpeak and it sounded promising removing the 20% going to the founders. But then the creators started talking about adding a treasury for Bitcoin Private which is basically the same as what they removed in Zclassic which got me on the fence...
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Nice idea, will it be successful? Probably not. So many forks these days and the zk-snarks method is not without it's faults. Also, it's not exactly future proof when it comes to quantum computing, there could be future risks if not resolved. We'll see how it plays out but I wouldn't hold my breath on this one. If nothing else, nice little kick back possibly for the ZClassic holders.
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Nowadays it's just another fork. Forking Bitcoin seems like a marketing thing to me, maybe it sells better if it is called Bitcoin something something. I didn't go into details, so I am not sure about the differences between ZClassic and the new coin and the necessity of adding Bitcoin DNA to it.
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It’s like a new trend. I don’t get why those big shots don’t seem to realize they’re harming their reputation and - even more important - their credibility...
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It certainly is. It seems everybody tries to generate free money out of thin air. Make a website, make an announcement, fork something, write bitcoin on it (and don't forget to sell).
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lol when will they stop?!? :)
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Never, until it gets fractal :D
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Congratulations! This post has been upvoted from the communal account, @minnowsupport, by okkiedot from the Minnow Support Project. It's a witness project run by aggroed, ausbitbank, teamsteem, theprophet0, someguy123, neoxian, followbtcnews/crimsonclad, and netuoso. The goal is to help Steemit grow by supporting Minnows and creating a social network. Please find us in the Peace, Abundance, and Liberty Network (PALnet) Discord Channel. It's a completely public and open space to all members of the Steemit community who voluntarily choose to be there.
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Dear okkiedot, thanks for bringing this up! Please also look at my post with an overview of all current and upcoming Bitcoin forks, including BTCP. I hope you find it interesting! https://steemit.com/forks/@smallstepschange/651qu6-bitcoin-forks-latest-overview-forking-dates-block-heights-distribution-ratios-official-homepages
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