Bitcoin BTC: ABitcoin Hard Fork
ABitcoin is committed to improving the operation rate and network throughput performance of blockchain smart contract. It promotes the application of blockchain by integrating the technology in AI, Big Data, game industry, and Internet of Things. We will initiate a fork at a height of 498888 for BTC and 1498888 for ACT, and create a blockchain based on DPOS. BTC holders get ABTC according to 1:100, and ACT holders get ABTC by 1:1.ABTC will have a total supply of 3.2 billion, whose token contribution is as follows: BTC Forking 1.6 billion, ACT Forking 1 billion, ABTC Foundation 0.6 billion.
What is a hardfork?
The cryptocurrency mainnet operates according to certain rules. To improve network performance or correct errors, changes are periodically introduced into it. A hard fork represents changes that are not compatible with previous versions of software supporting the cryptocurrency network. In order to continue to mine the cryptocurrency, miners need to update the software.
In some cases, as a result of a hard fork, a completely new cryptocurrency may appear, as happened with Bitcoin Cash and EthereumPoW.