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Bitcoin BTC
1053
Price, BTC
1
ETH
36.13
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9,912.77
1h
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24h
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7d
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24h volume, BTC
3.97M
USD
39.3B

Bitcoin BTC: ABitcoin Hard Fork

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Event added 1/2/2018 12:23:21 PM
January 12, 2018 Source
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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.

The cryptocurrency mainnet operates according to certain rules. To improve network performance or correct errors, it is periodically made changes. A hard fork is changes that are not compatible with previous versions of programs that support the cryptocurrency network and in order to continue to mine cryptocurrency, miners need to update the software.

In some situations, as a result of a hard fork, a completely new cryptocurrency may appear, as happened with Bitcoin Cash.

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Added by
dimatma
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