Post
Topic
Board Altcoin Discussion
Re: Bitcoin gold fork
by
Qunenin
on 05/10/2017, 03:01:22 UTC
Hello,
I am a relatively new investor in Bitcoin, and recently I have been reading about a fork to Bitcoin gold. My understanding is that everyone who owns Bitcoin receives the equivalent number of coins in the forked currency, once the fork takes place. Is this correct?

Do I have to store my Bitcoin in a specific wallet (I might be new, but I'm not stupid enough to send my coin to you ;-) ), or do anything to activate this, or will it happen automatically? (If the fork goes ahead, of course).

Thanks for any advice.
Same as the last "fork". New coins that are based on the original code are technically forks, but we have not used that terms for them. That method is closer to what Bitcoin Cash did and yet they called it a fork to make everyone that didn't get all the codes changes in Bitcoin done feel better. I dont see much changes to the original bitcoin.