Bitcoin splits into two again, but owners don't get free money just yet

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Bitcoin has a new clone, again.

Bitcoin Gold, a new cryptocurrency, has been created through a so-called hard fork similar to the way Bitcoin Cash was created in August. 

Since Bitcoin and Bitcoin Gold share the same history up until the fork, anyone who owned Bitcoin around 8pm E.T. Monday should become the owner of the same amount of Bitcoin Gold as well. But as is often the case with Bitcoin, things are not that simple.

First of all, the Bitcoin Gold network is not yet live. Its creators have merely taken a snapshot of the Bitcoin blockchain at block 491,407, but the cryptocurrency should become publicly available on Nov. 1.  Read more...

More about Bitcoin, Investing, Bitcoin Gold, Bitcoin Fork, and Bitcoin Split

COntributer : Mashable http://ift.tt/2y2RfdE

Bitcoin splits into two again, but owners don't get free money just yet Bitcoin splits into two again, but owners don't get free money just yet Reviewed by mimisabreena on Tuesday, October 24, 2017 Rating: 5

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