Bitcoin Cash will be forked on or about January 13th 2018. The fork will be named Bitcoin Candy with the ticker CDY.
Bitcoin Cash holders, are you ready to receive your free CDY? If you will be holding BCH under your control or on selected exchanges at the height (block) of 512666 you will be eligible to get CDY at the rate of 1BCH to 1,000 CDY.
WIth many Bitcoin forks in recent days, real or scams, needed or frivolous, successful or fictional, it was only a question of time whet Bitcoin Cash will receive a fork on its own.
If the information on official site is to be believed, we will get a coin with following characteristics:
Anti-quantum attack exploration could be a very useful avenue of research.
Will This Fork Really Happen?
I don't know and I won't vouch for it. We will have to wait and see.
How Can I Prepare For An Airdrop Of CDY?
Let's suppose that the fork is legit. The best way to prepare for it is to:
- hold BCH in a wallet under your control at block no. 51266 of the Bitcoin Cash blockchain; we are currently at block no. 512365
- with under your control I mean that you hold the private key to the wallet
or - trust that one of the exchanges will recognise the fork and give you the CDY; at the time CoinEx is listed as such.
After the fork you will need a CDY wallet to claim your coins and possibly transfer them to exchanges.
Local wallet option is more secure and also more cumbersome. The choice is yours.
What Have I Done?
I transferred all BCH in my possession (it's not much) from Bitstamp to Ledger Nano S(referral link) hardware wallet. I wanted to do this anyway so I took this opportunity.
It is a very good idea to use a hardware wallet like Nano. I do recommend it.
Conclusion
Let's wait for the block 51266 and hope for the best. Be prepared, my friends.
Shared on Twitter.
Good idea I did the same
Great to hear that. Now we are waiting for the mainnet and a wallet. I hope this will turn out to be a real fork.
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oh... another fork, this is getting funny.
forks are new icos :)
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https://steemit.com/bitcoincash/@hdpic-steem/today-bitcoin-cash-bch-1-bch-usd-2-609-02-usd-2018-01-12-09-10-45-ny