How do you know when a fork is coming and how to get paid for it
RE: bitcoin fork explained in detail for beginners!
You are viewing a single comment's thread from:
bitcoin fork explained in detail for beginners!
Authors get paid when people like you upvote their post.
If you enjoyed what you read here, create your account today and start earning FREE STEEM!
If you enjoyed what you read here, create your account today and start earning FREE STEEM!
hey spikedman! thanks for the reply, well usually when a coin is forked the developer will inform everyone via bitcointalk forum and social media, to claim rewards from a fork, you will need to have some of the existing coin that is going to be forked and be holding that coin in a wallet that you have access to private keys( most exchanges don't count), once that Is done anyone holding the coins in a wallet with access to private keys with get coins from the fork, usually at a 1:1 ratio..
so say if bitcoin forked and you held one bitcoin youd get one new coin from the fork for free
hope this helped!
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit