What happens to the uncredited PH BTC we have in our PH BTC wallet after the fork? Do we have BTC and BTC gold?
Maybe it makes more sense to get paid in an alt coin (LTC) during the period of uncertainty.
BTC FORK -- PH Policy
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Welcome to the System Support forum! Encounter a problem related to the pool? Post your issue here and we will help you out.
Keep in mind that the forums are monitored by PROHASHING less closely than the official support channels, so if you have a pressing issue, please submit an official support ticket so that our Support Analyst can look into your issue in a timely manner.
We cannot answer financial questions related to your account on a public forum, so those questions should always be submitted through the orange Support button on prohashing.com/about.
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Re: BTC FORK -- PH Policy
This isn't forking like BTC & BCC did. This is going to be two entirely different coins, each going their own way (from what I've read). So it isn't going to be a stock-split style effect.
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GregoryGHarding
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Re: BTC FORK -- PH Policy
i really wish people wouldnt say things they dont understand
if bros choose to support bitcoin gold, it will work exactly how it did for bitcoin cash, based on when the chain snapshot was taken.
if bros choose to support bitcoin gold, it will work exactly how it did for bitcoin cash, based on when the chain snapshot was taken.
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micca410evo
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Re: BTC FORK -- PH Policy
and the shitcoin gold has already have a snapshot, so don't expect any (new worthless) gold
Re: BTC FORK -- PH Policy
Until BTG implements replay protection (which they have not yet, nor have they opened their source to the public), it won't work "exactly like" bitcoin cash.GregoryGHarding wrote:i really wish people wouldnt say things they dont understand
if bros choose to support bitcoin gold, it will work exactly how it did for bitcoin cash, based on when the chain snapshot was taken.
Take note - unless that's implemented, DO NOT DO ANY BTC/BTG TRANSACTIONS.
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GregoryGHarding
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Re: BTC FORK -- PH Policy
individual service providers are guaranteeing replay protection with their service. not necessarily from BTG.Ewil wrote:Until BTG implements replay protection (which they have not yet, nor have they opened their source to the public), it won't work "exactly like" bitcoin cash.GregoryGHarding wrote:i really wish people wouldnt say things they dont understand
if bros choose to support bitcoin gold, it will work exactly how it did for bitcoin cash, based on when the chain snapshot was taken.
Take note - unless that's implemented, DO NOT DO ANY BTC/BTG TRANSACTIONS.
Re: BTC FORK -- PH Policy
Code is open source, but replay protection is not implemented yet https://github.com/BTCGPU/BTCGPUEwil wrote: Until BTG implements replay protection (which they have not yet, nor have they opened their source to the public)
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Steve Sokolowski
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Re: BTC FORK -- PH Policy
I'm going to talk with Chris about this.
Unless we can be convinced otherwise, I think that the lack of replay protection makes it too risky to offer payouts in both coins. Remember, the developers have a huge premine, and I suspect that this coin will be almost worthless after an initial surge.
Bitcoin Gold isn't like Bitcoin Cash. It's not a group of people who have a difference of opinion and want to compete with Segwit bitcoin. Gold is run by developers who premined 1% of all the coins that will ever exist, inflating the money supply for their own benefit.
Unless we can be convinced otherwise, I think that the lack of replay protection makes it too risky to offer payouts in both coins. Remember, the developers have a huge premine, and I suspect that this coin will be almost worthless after an initial surge.
Bitcoin Gold isn't like Bitcoin Cash. It's not a group of people who have a difference of opinion and want to compete with Segwit bitcoin. Gold is run by developers who premined 1% of all the coins that will ever exist, inflating the money supply for their own benefit.
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GregoryGHarding
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Re: BTC FORK -- PH Policy
i have a feeling this wont be the end of forks on bitcoin. since cash, i think everyone thinks they can fork a bitcoin alt in attempt to cash out on a higher than average profit coin.
Re: BTC FORK -- PH Policy
So what does this mean for BTC that hasn't been paid out yet? If no BTG will credited (which I can imagine with no replay protection), maybe it's possible to make sure next BTC payout is before block 491407? Cheers!