What is the Bitcoin Private fork? Everything you need to know!
Bitcoin Private (BTCP) Forked
Bitcoin Private Price:
Bitcoin Private will use the same privacy technology as ZClassic (zk-snarks). This means payments are published on a public blockchain, but the sender, recipient and other transactional metadata remain unidentifiable.
Just like Bitcoin, Bitcoin Private will support peer-to-peer
transactions without an intermediary. These transactions will be
verified by network nodes through the use of cryptography and recorded
in a public ledger.
Unlike Bitcoin, Bitcoin Private will support a slightly increased block
size while being more anonymous and secure than any existing
Bitcoin-based currency without sacrificing transaction speeds.
When the hard fork occurs, a snapshot of all existing ZCL and BTC
holdings will occur. Anyone holding ZCL or BTC in a wallet or supported
exchange will be credited Bitcoin Private (BTCP) at a 1:1 ratio. For
example, if you hold 15.4 ZCL and 0.1 BTC, you will receive 15.5 BTCP.
Fork Symbol: BTCP
Bitcoin Private Fork Date: 2018-01-01 00:00:00
Fork Block: 0
Forked From: Bitcoin
Total Coin Supply: 18,500,000
Total Public Coin Supply: 18,500,000
Pre-Mined Coins: 0
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