Re: How will the 28th Hard Fork affect the price of BTC & Altcoins
Someone correct me if I'm wrong, but this doesn't look like its being orchestrated by the same team that was supposed to implement the original segwit2x fork before it got cancelled...Seems kind of gimmicky if this is the case.
And this whole receiving a portion of Satoshi's btc is confusing to me.
And this whole receiving a portion of Satoshi's btc is confusing to me.
Ooh, good call out, this may be true!
Thanks for the response HabBear, They give airdrop coins as well? interesting. actually I am not clear this part of your statement. [Everyone says that segregating the witness will open up opportunity for fraud.]] I appreciate if you can clarify it more,
Thanks for the given link too. I am going to read it now.
Thanks for the given link too. I am going to read it now.
Hi anushkasachith888, all hard forks airdrop coins. That's the only way hard forks can survive...they need to give people coins (in equal proportion to what they own of the target coin) so they will be able to use the newly created coin. In fact, "airdrops" can only occur when there is a hard fork. People mis use the term "airdrop" when what they really mean is "income" or a "giveaway".
The SegWit principle proposes separating the transaction details (amount, addresses) from the confirmation details (that which witnesses the transaction). Separating the two means that the blockchain no longer contains the information about the amount transacted, the to and from addresses, and the confirmation in the same package of information. They want to do this to make transaction sizes smaller, which is a major problem for Bitcoin. But when they do this it's possible (in theory) that someone could hijack the transaction after the witness part has been removed and there would be know way to prove the hijack or theft...except for one person (the receiver of the transaction) yelling "thief!"
Wow Now only I understood the concept well. Thanks for the nice explanation. Yeah so far what i know about airdrop is , it is a free token give away after filling google forms
, So every hard fork is a airdrop too. Then BTC holders should be happy when there is a hard fork right? Then Segwit principle also proposes separating transactions details in order to make smaller transaction details. Then they remove amount , sender and receiver what help thieves to can do their job.. oh..
