February Cryptocurrency Hard Forks

From this article you will find out which tokens and coins are undergoing hard forks in February 2018
22 February 2018   316

Cryptocurrencies are developing and improving, and there is a tendency that hard forks of the coins occur at newly created blocks.

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 forkis 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. 

From this article you will learn about the forks of the cryptocurrencies which occur in February 2018.  

Date Cryptocurrency fork
February 23 HempCoin 
February 28 Bitcoin Private 

February 23


HempCoin is a highly focused digital currency for the agriculture and farming industry and marijuana and hemp industry, built on the source of Bitcoin, and its use includes the marijuana dispensaries and the entire agriculture and farming trade business.

Hempcoin logo

In the end of January 2018, HempCoin has announced that it will implement the hard fork, which will occur on February 23, 2018. 

Read more about the HempCoin hard fork

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February 28

Bitcoin Private

Zclassic developers plan to fork Bitcoin to create Bitcoin Private, a privacy-focused Bitcoin that mashes up the features of Bitcoin Gold and Zcash/Zclassic.

Bitcoin Private logo

Bitcoin Private will use the same privacy technology as ZClassic (zk-snarks). This means payments are published on a public blockchain, but the sender, recipient and other transactional metadata remain unidentifiable.

Read more about the Bitcoin Private hard fork

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Our editorial board tracks all the latest announcements and we will add the new forks as more information comes in!

Cryptocurrency to be Regulated in France

French Ministry of the Economy and Finances creates working group to regulate cryptocurrency
22 March 2018   119

Bruno Le Maire, the French Minister of the Economy, announced the government initiative to constitute the instructions and regulations towards cryptocurrency. The group is also aimed to decrease the influence of Bitcoin and altcoins to the formal system of economy with the help of required concept. These measures would help French government to prevent tax avoidance and some other criminal activities (such as money laundering).

In an op-ed that was published in French media this week the Minister of the Economy Bruno Le Maire made a promise not to miss the blockchain revolution. He refined the reasons of the French authorities`decision to regulate the technology. According to his point of view, it is impossible for any consumer or entrepreneur to carry out a transaction, invest, develop in business being in a regulatory vacuum. The Minister also put this position on the top among the rest questions to be discussed at G20 Summit in Buenos Aires. Bruno Le Maire is sure that the role of France is to be a driving force in “building the world of tomorrow”.

The Minister is going to present his case at the G20 Summit in 2018 in Argentina. He hopes that the framework can help in decreasing illegal activity in cryptocurrencies. Le Maire also explained that the sphere of digital funds is extremely attractive for criminals.

The leader of the working group is Deputy Governor of the Central Bank of France Jean-Pierre Landau. The French Central Bank supports the Government and hopes there would be no negative impact and consequences for the traditional economy system.

The key object of cryptocurrency regulation is to limit various negative factors in the financial sphere caused by digital money, such as the price volatility. Le Maire claims that at the same time the regulation of the cryptocurrency can support the development of the technology and can even lead to the economic growth. As blockchain can destroy not only traditional daily practices in banking and financial markets, but also patents and certified acts, the French Minister of Economy urges that the working group should foresee all these changes and become “actors of this revolution”, instead of simple viewers.