Things you may want to know about bitcoin’s upcoming hard fork !
“SUPER BITCOIN “New upcoming bitcoin fork 🍴 of the original bitcoin Blockchain will launch at the height of block # 498,888 of Original chain.
Abbreviation Ticker will be ( SBTC)
Their motto is “Make bitcoin great again “ 🤔
Features that they aim to achieve are :
1.Smart contracts
2.Lightning network
3.Zero knowledge proof
4.Bigger block sizes
Individuals who are forking :
Li Xiao Lia - Famous bitcoin and cryptocurrency investor
Jia Peng Lin - founder of LinkVc & Co-founder of Sosobtc
Ranger Shi - Turing complete smart contract writer
Total supply of coins : SBTC
21,210,000 Total supply
210,000 will be pre-mined
You will receive a ratio of 1BTC : 1SBTC
AirDrop = Free 💰
Feedback is greatly appreciated. Please let me know what you think about this hardfork . Do you support it ? Do you think these hard forks are getting out of hand now ? Let’s start a discussion I want to know what the community thinks about this . Thanks for viewing my content .
I think people will be dumb as shit if the dont earn this free money lol
Yeah it’s hard to turn down FREE money . But I do believe all these hard forks are getting out of hand now , we’ll see if super Bitcoin will live up to its name , only time will tell .
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I’m pretty new to crypto and had a question.. if I have a percentage of a bitcoin (less than one) at the time of the fork, do I receive an equal amount of the superbitcoin? If so, how would that be retrieved?
Depending on where your bitcoin is .
If it’s on an exchange that’s supporting SBTC then you won’t have to do anything they’ll reward you the equal amount of bitcoin you have at the time of the snapshot .
If your using a hardware wallet like ledger nano s or software wallet like exodus . Just wait for further instructions from the Super bitcoin team . You can follow them on Twitter to obtain their most recent news . I’ll try to keep you posted when I recieve more information on this topic .
I need to get a wallet.. embarrassed to say but moment are just chillin on the exchange. I know... big no-no
It’s hard to move bitcoin around without avoiding transaction fees . So I can understand having a small percentage of your portfolio on an exchange . But check and see if your exchange supported the hard fork . I use hitbtc, binance & Yobit all three of them are supporting.
If you need a wallet , if it’s your first one , I recommend Coinbase
I Use coinbase but listen to this novice error... I wanted to buy IOTA so I transferred a small amount of Bitcoin over to Binance and with it being my first time, I didnt pay close enough attention to the conversion rate and assumed I was paying 1.40 in fees. Nope...$14 to move $25 :(
Yup don’t feel bad it happens to us all . Especially first starting out with coinbase . But we live and we learn that’s what makes us better traders . It’s hard to move bitcoin around because of those damn transaction fees . I don’t recommend this but I keep a little bit of bitcoin on binance for trading purposes to avoid the big transaction fees .
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STOPi think its very hard
Oh yes it most definitely is .