Bitcoin: 2018 to Bring New Hard Forks

Bitcoin Smart, Bitcoin Interest, Quantum Bitcoin, Bitcoin LITE, Bitcoin Private - the year of 2018 seems to be rich for BTC forks appearing into the market 
06 February 2018   626

After all the forks of Bitcoin that have already been implemented it seems like it is not yet enough for the leading cryptocurrency, and the information about more new forks starts to appear. The year of 2017 brought a lot of BTC forks, from famous Bitcoin Cash and Bitcoin Gold to Super Bitcoin, Bitcoin Platinum, Bitcoin Uranium, Bitcoin Cash Plus, Bitcoin Silver and many more. What should we wait for in 2018?

At first, let's clarify the difference between soft and hard forks.

Bitcoin Animation

A soft fork is a change to the protocol that restricts the ruleset enforced by full nodes that upgrade to enforce the soft fork rules, while a hard fork is a change to the protocol that loosens the ruleset enforced by full nodes. Hard fork is the changes to the programming of the coin that create incompatibilities between the older and newer version.

Bitcoin Smart (BCS)

Date: 21.01.18
Block: 505050

Bitcoin SmartBitcoin Smart

Features: 2.1 billion supply, Equihash mining, 8mb block size, Segwit, Replay protection, No premine, Smart Contract

Distribution: 1BTC = 100BCS  

Description: Bitcoin Smart (BCS) is an experiment to improve Bitcoin, with integration of smart-contract, new features such as token issuance will be available on Bitcoin and on-chain performance will no longer be an issue. Bitcoin smart test token (BCST) is a sample token for experiment and it will shows how the token issuance system works.


Bitcoin Interest (BCI)

Date: 22.01.18
Block: 505083

Features: Equihash mining, Savings feature, Every block difficulty adjustment, Segwit, Replay protection, Earn interest

Distribution: 1BTC = 1BCI

Description: Bitcoin Interest (BCI) is a frictionless global payment system focusing on three key areas Technology, Community, and Savings. Its payment system has a new integrated savings technology that allows users to park their coins and earn interest. 


Quantum Bitcoin (QBTC)

Date: 28.01.18

Quantum BitcoinQuantum Bitcoin

Features: Lightning Network, 8mb block size, Privacy protection, Replay protection, Pow + PoS consensus, Smart Contracts

Distribution: 1BTC = 1QBTC   

Description: Combined with the superiority of the quantum chain, for the first time, QBTC will introduce the leading block technology into the new Bitcoin chain, aiming to open up a whole new world of Bitcoin to create a more innovative, practical and disruptive quantum bitcoin chain system.


Bitcoin LITE (BTCL)

Date: 30.01.18

Bitcoin LiteBitcoin Lite

Features: Proof of Stake consensus, Privacy options

Distribution: 1BTC = 1BTCL

Description: Bitcoin Lite aims to be next generation coin based on POS, fast, private and mobile friendly. As it is stated in its whitepaper, Bitcoin LITE staking is using hundreds of times less electricity that original Bitcoin, while lets users save on expensive hardware as well.


Bitcoin Private (BTCP)

Fork Date: 28.02.2018

Bitcoin Private Bitcoin Private

Features: Private transactions, Open Source, Community-driven

Distribution: 1BTC = 1BTCP + 1ZCL = 1BTCP

Description: Bitcoin Private is a community-driven BTC/ZCL fork consisting of over 50 contributors currently. It aims to be fully transparent to the community and allow users to make decisions regarding the fork and the future of Bitcoin Private.


While the information about the upcoming Bitcoin forks continues to appear, it is hard to predict the future of Bitcoin blockchain and its splits, and only time will show how many hard forks will actually be implemented.

Australia joins the crypto-discussions arena with Bitcoin & Blockchain Fair

The inaugural Bitcoin and Blockchain Fair will be presented at the Sydney Showgrounds on May 12-13 with an all-round program about cryptocurrency and blockchain
21 April 2018   44

A high profile event in cryptocurrency and blockchain is coming to Sydney, Australia on May 12-13 – Bitcoin and Blockchain Fair. The conference will provide a platform to interact and discuss on all areas of the cryptocurrency and blockchain technology sectors (fintech, investment, venture capital, regulation, ICO, etc.), current opportunities and perspectives in the form of a Forum and an Exhibition Showcases.

The Exhibition Showcase that will allow to exhibit showcases and engage with crypto services providers, government and fintech startups. Forum is the bulk of the conference and is comprised of 2-day sessions to allow international speakers and industry leaders of the crypto and blockchain sectors a chance to share their expertise. May 12 is focusing on cryptocurrency and ICO engagement; May 13 wil cover blockchain technology overview, case studies, solutions and future trends.

The fair is organized by ABF Business and Principal Sponsor Coinspot. Exhibitors and Speakers include attendees from Asia, Europe and USA together with key Australian high profile crypto & blockchain enterprises. The full agenda of the event can be found here.