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Tag Archives: Forks

Bitcoin Cash Hard Forks to Raise the BCH Block Size [Again]

Join our community of 10 000 traders on Hacked.com for just $39 per month. Today Bitcoin Cash activated a hard fork that will increase the BCH block size from 8MB to 32MB and add new OP codes to the codebase. Initially announced November 2017, the upgrade began at 12:00:00 UTC when the hard fork was initialized. As CCN reported back ...

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Manufacturer Holds Cryptonight ASIC Firesale after Monero Hard Forks

Join our community of 10 000 traders on Hacked.com for just $39 per month. Mining hardware manufacturers have begun selling Cryptonight ASIC miners for next to nothing after privacy-centric cryptocurrency Monero carried out its threat to adopt a hard fork to maintain ASIC resistance. Last week, Monero activated its semi-annual hard fork, an update that included an alteration to its ...

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Coinbase Exchange To Support Withdrawal Of Bitcoin Forks

Coinbase announced that it will support the withdrawal of Bitcoin forks across Coinbase products in the coming month, a Coinbase Medium post stated April 5. Adding Support for Bitcoin Forks to Coinbasehttps://t.co/ovrcasB019 pic.twitter.com/UWKnGp7etA — Coinbase (@coinbase) April 5, 2018 While the exchange announced that this will make the withdrawal of assets associated with Bitcoin forks more convenient, Coinbase stresses that ...

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Coinbase to Support the Withdrawal of Bitcoin Forks

Join our community of 10 000 traders on Hacked.com for just $39 per month. US bitcoin exchange Coinbase has preempted any backlash from its user base for supporting bitcoin forks. The company announced on its blog plans to support the withdrawal of Bitcoin Forks across its suite of products for the foreseeable future. We’ve already seen several new coins created ...

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Monero Hard Forks to Maintain ASIC Resistance, But ‘Classic’ Hopes to Spoil the Party

Join our community of 10 000 traders on Hacked.com for just $39 per month. Privacy-centric cryptocurrency Monero has followed through on its promise to alter its mining algorithm to maintain ASIC resistance, but “Monero Classic” (XMC) hopes to spoil the party. Monero activated its semi-annual hard fork on Friday, bringing a host of new upgrades to the 10th-largest cryptocurrency. One ...

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Tax Implications from Cryptocurrency Hard Forks

Join our community of 10 000 traders on Hacked.com for just $39 per month. In August of last year, Bitcoin Cash forked from the Bitcoin blockchain. This process basically splits Bitcoin into two separate coins: Bitcoin (“BTC”) and Bitcoin Cash (“BCH”). When this occurred, everyone who held Bitcoin in a compatible wallet or exchange became entitled to claim an equivalent ...

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