Since I am new and just learning about crypto, I am checking out news about the Bitcoin hard fork coming up, Segwit2x. This is the first fork I have really been around for (*Bitcoin Gold just happened. But Coinbase is not supporting it at this time, and people are talking about concerns with it. More later).
So Coinbase released this FAQ:
https://support.coinbase.com/customer/portal/articles/2892985-segwit-2x-faq
Where they said they are going to continue to call the legacy chain "BTC" or "Bitcoin," and the new chain "B2X," or "Bitcoin 2X." Also, they said if Segwit2x is accepted by the majority of users, they may change this later.
On their blog, they said that anyone with Bitcoin in their Coinbase account at the time of the fork will be credited with an equal amount of B2X:
https://blog.coinbase.com/timeline-and-support-bitcoin-segwit2x-and-bitcoin-gold-eda72525efd?gi=ec9c4cdc9026
So, I'm a noob and all, but I think I shall try and HODL in Coinbase for the fork, because, double my money? Ok. :). {edit: it was pointed out in comments that my thinking was wrong here: I wouldn't double my money unless the new fork coin is worth as much as the old fork coin. But still, coin I didn't have before is a wee gift, even if it's not worth as much.}
Buys/sells and send/receive will be disabled for a time before and after the fork. So make sure your business is done in advance.
Meanwhile, people are calling for a boycott of Xapo because of their stance on what should be called "Bitcoin" possibly leading to confusion between exchanges:
https://cointelegraph.com/news/xapo-on-segwit2x-we-might-not-treat-btc-chain-as-real-bitcoin
And Bitcoin Gold still doesn't have any replay protection (Coinbase has made their own replay protection for B2X), and the "codebase is incomplete," which understanding what that means is rather beyond my newbie scope, but doesn't sound assuring, so I can understand why Coinbase is giving it a "wait and see" approach:
https://cointelegraph.com/news/coinbase-hard-fork-plan-credits-2x-coins-shuns-bitcoin-gold
"Replay protection," as I understand it, is what prevents a transaction from happening twice, one on each branch of the fork. So if you withdraw from your wallet on one blockchain, you don't withdraw twice on two different blockchains.
Meanwhile, a primer on what a fork is at all, also from the Coinbase blog:
https://blog.coinbase.com/what-is-a-bitcoin-fork-cba07fe73ef1
I'm HODLing my floof in this bucket.
That's all I have on this so far! Have you seen any other news about the fork?