Bitcoin Pizza, Bitcoin Hush, Bitcoin Clean – Here’s All 44 Bitcoin Forks Since Bitcoin Cash
Just how many Bitcoin forks are out there in the crypto wild?
New research shows at least 44 Bitcoin forks using the Bitcoin name have popped up since Bitcoin Cash was created on August 1, 2017. Here’s a look at all 44, compiled by researchers at the cryptocurrency exchange BitMex.
|– Bitcoin Clashic||Link||(BCH Fork)|
|– Bitcoin Candy||Link||(BCH Fork)|
|Bitcoin Cash Plus||Link||501,407|
Forks are typically used to give developers a way to modify a coin’s code and adopt a new and improved version of the platform. They’re also used to create entirely new coins with new names, teams and goals.
However, Bitcoin forks are also notorious for copy-pasting Bitcoin’s code, adopting the Bitcoin name and making vague promises on improvements that will be implemented in the future, with few details on development or on the team behind the project.
Early this year, the global director of fintech strategy at Autonomous Research, Lex Sokolin, predicted a crush of at least 50 Bitcoin forks to come in 2018 alone.
Disclaimer: Opinions expressed at The Daily Hodl are not investment advice. Investors should do their due diligence before making any high-risk investments in Bitcoin, cryptocurrency or digital assets. Please be advised that your transfers and trades are at your own risk, and any loses you may incur are your responsibility. The Daily Hodl does not recommend the buying or selling of any cryptocurrencies or digital assets, nor is The Daily Hodl an investment advisor. Please note that The Daily Hodl participates in affiliate marketing.