Crypto currency Ethereum continues to develop rapidly and reach the next price highs. Therefore, like any successful crypto currency, it has its forks. Few people know about them, so this information can become interesting.
First, we will get acquainted with the very concept of "fork", which, in English, sounds like a fork, a branch. Fork is a project built on the basis of a long-established one, using its source code base. At this time, despite the same beginning, each fork can develop in a channel distinctive from other similar ones and have different possibilities.
Expanse
The first Ethereum forks are Expanse, SOILcoin, Shift. Of these, the most popular fork is Expanse. Its cost for today is about 0.0009100 BTC according to the data of the Bittrex exchange. Let's consider it more specifically:
Trade symbol EXP;
Founder - Christopher Franko;
The launch date is September 14, 2015;
The total number of coins is 11 000 000 EXP;
Generation system - POW;
The hash algorithm is Dagger;
Website - expanse.tech
SOILcoin
SOILcoin is a platform that specializes in the development of decentralized applications and software. The project began with an insignificant stock of 1 000 000 SOIL. The cost for today leaves about 0.00003000 BTC according to the data of the Bittrex exchange. It has the following characteristics:
Trading symbol - SOIL;
Founder - soil
Start date is October 3, 2015;
The total number of coins is 1 000 000 SOIL;
Generation system - POW;
The hash algorithm is Dagger;
Website - soilcoin.syz.
Shift
This fork was the first fork of Ethereum. Also based on the technology of smart contracts with the ability to create decentralized applications and online voting on the allocation of resources. He is the most unpopular. Back in March, its price was minimal compared with other forks Ethereuma, and was 0.00001050 BTC. For today, he managed to overtake SOILcoin and now the rate fluctuates around 0.00003500 BTC according to the data of the Bittrex exchange.
The trade symbol is SHF;
Founder - ShiftTeam
The launch date is July 30, 2015;
The total number of coins is 2 000 000 SHF;
Generation system - POW / POS;
The hash algorithm is Dagger.
Today Ethereum has a small number of forks. Due to the low cost of these forks in the crypto currency market, you can use this to purchase them for profit in the future. Unfortunately, it is difficult to talk about their development, although a slight increase in some has been observed. But the same situation was once in bitcoin. And now many of them have not only the right to life, but also show themselves from the best side.