We have a new fork coming up for Bitcoin. This time it is Bitcoin Private. Here is the information you need:
Comment: So, this fork will begin on the 28th of February but unlike previous forks, in this case there will be a snap shot moment on the 28th of February and then 2 days later the fork will occur.
Also, in this case, we have a weird solution since the cryptocurrency Z-Classic will morph into Bitcoin Private as well as the fork coming off from the original Bitcoin.
This means that if you own either Bitcoin or Z-Classic, you will receive Bitcoin Private after the snap shot of the 28th of February.
What about the ratios?
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.
Now, you might be curious about the current price for Z-Classic right? Well, here is the current price:
Comment: So, as you can see, Z-Classic or the futures of Bitcoin Private is now trading at $173 so if you own 1 Bitcoin you will soon get Bitcoin Private for the equivalent value of $173.
Check out their home page here:
Check out the current price here: