It seems forking bitcoin has bitcoin android github repo a new cryptocurrency obsession. 90519 single-format-standard more-bitcoin-fork-clones-on-the-way-bitcoin-god-will-be-born-on-xmas-day global-block-template-1 td-magazine single_template_2 wpb-js-composer js-comp-ver-5. It seems forking bitcoin has become a new cryptocurrency obsession lately as a myriad of bitcoin clones are joining the economy.
A network snapshot is basically a clone of the bitcoin blockchain taken at a precise block height. This means the new chain shares the exact same history as the legacy blockchain, up until that specific time. From there the new blockchain splits off and records its own transactions and blocks mined going forward. Guo details the project is coming December 25 and explains there will not be a premine.
After Guo made the announcement, one of the investor’s Twitter followers asked him if the fork was a joke, or if it was real. Further, there have been talks about another bitcoin fork that may spring up in the near future. The repo was initiated on December 1, but the project was initially announced this past August, a few days after the bitcoin cash hard fork. The developer said he had launched blockchains like Protoshares, Memorycoin, Hodlcoin, and other projects within the space. Bcash is not associated with bitcoin cash and the project is an entirely different network in the making.