What is Bitcoin Private? Part I
Bitcoin Private-private, decentralized, fast, open source, community-driven coin.
- What is a hard fork?
A hard fork is when a single cryptocurrency splits in two. It occurs when a cryptocurrency’s existing code is changed, resulting in both an old and new version. This case is somewhat unique, whereby ZCL and BTC will be co-forked into Bitcoin Private (BTCP).
- When is the hard fork?
Snapshot date: February 28th, 2018.
Fork Date & Main Net Launch: Approximately 2 days later.
- How do I receive BTCP?
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.