CryptocurrenciesNews

World Bitcoin, a new fork of Bitcoin and Bitcoin Candy, a fork of Bitcoin Cash, which do not contribute anything

Bitcoin will undergo a fork, which will be called World Bitcoin and Bitcoin Cash, a fork of Bitcoin, will also receive a fork, which will be called Bitcoin Candy, two forks that do not really contribute anything.

Last year we saw several Bitcoin hardforks, which led to the creation of several new cryptocurrencies, including Bitcoin Cash and Bitcoin Gold, the two most prominent on the market. BCH is the most prominent and the one that has hit the cryptocurrency market the most, so much so that one of the most responsible for Bitcoin Core switched to BCH, causing this cryptocurrency to reach $ 4.000. Now two new forks are coming to the BTC, which, let's face it, is a real stupidity and it already tires so much absurd fork.

World Bitcoin or WBTC is a fork at block 503.888. According to the creators of this fork, it has been developed as an option to solve a series of existing problems in the BTC. Anyone who uses BTC knows that the commissions are absurdly high and the hours it takes to send and receive the capital, due to the large flow and low volume of operations per second that it supports. The idea of ​​this fork is to develop a cryptocurrency with a more efficient blockchain.

'We call it World Bitcoin because we want to solve the practical problems of the Bitcoin network from a global perspective and offer more diverse application scenarios'

It is based on a blockchain 3.0, where the founders want to develop a system that features an infinite smart contract platform, high concurrency, low fee, and block limits. About this cryptocurrency, the team has said: 'In areas such as financial services, food security, and culture and entertainment, the concepts of blockchain technology have already been adopted in real life. Just like “Internet +”, “blockchain +” will have a significant impact on the upgrade of the entire industry and WBTC will lead that change.'

This cryptocurrency will have a total of 2.121 million WBTC and the founders of this cryptocurrency will manage a total of 21 million of it for commercialization, the construction of a global ecosystem and the development of new functions. Every 100 WBTC equals 1BTC.

Bitcoin Candy, in this case, is not a fork of BTC, but a fork of BCH, or what is the same, a fork of a fork (and I shoot because it's my turn). The snapshot is set for block 512.666, where it will set its own blockchain with a size of 8MB per block. Users will receive one thousand CDY for each one BCH they have available. The idea of ​​this cryptocurrency is to offer a solution that is resistant to quantum computing, which is far from being a reality and which, according to many, would be a break from the existing blockchain model.

As major technology companies such as D-Wave, IBM and Intel are increasing their investment in research and development of quantum computing, the era of quantum computing is likely to arrive in five to ten years. As such, ECDSA-based cryptocurrencies will be made brittle by quantum computers. The CDY team will focus on experimenting with post-quantum signatures to secure cryptocurrencies', can be read on the CDY website.

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Robert Sole

Director of Contents and Writing of this same website, technician in renewable energy generation systems and low voltage electrical technician. I work in front of a PC, in my free time I am in front of a PC and when I leave the house I am glued to the screen of my smartphone. Every morning when I wake up I walk across the Stargate to make some coffee and start watching YouTube videos. I once saw a dragon ... or was it a Dragonite?

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A comment

  1. That disgusting, one day they will stop making forck or what? bitcoin click very well, bitcoin gold is good, bitcoin diamonda you are playing the eggs +++, bitcoin noseque ,,,, and this looks like a circus by God !!!

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