How would the BCC chain know what coins you spend on the BTC chain and vise versa? Wouldn't their separation mean you could sell both 100 BTC and 100 BCC? After the split the two chains will not interact or connect at all and only share the historical block chain, so how would they know you spent 10 BTC or BCC to take i from your balance of the other?
lol, apparently a bunch of people don't know how it works, if they did alts would be WAY down like 500%
Yes, he HabBear has no idea how it works.
Once the fork is complete you will be able to move your private key to a wallet that supports BCC and be able to spend your BCC. If you spend BCC, your BTC will remain, so you ARE getting something for free!
WRONG. Don't listen to this person.
Wow, thanks all. I stand corrected. I just had to verify it for myself
here.
I'm shocked, to be honest. This is the exact opposite of how it would work in the "real" world. Seriously.
The reason I thought the two blockchains would talk to each other post-fork is because they're talking to each other before the split to know how many bitcoin sits with each address (and therefore how much BCC to allocate for everyone).The Bitcoincash.org website has such little official information of how this works (shocker) that it's easy to assume the path forward would be the one that keeps everyone's balances the same, rather than doling out free cryptocurrency.
Incredible. Thanks for keeping me correct.