Last time I travelled to Scotland was in 2002. I was a student still and I hitched my way around Scotland and mainly the Inner and Outer Hebrides, visiting many of the islands. Within our sailing team, we talked about going to Scotland for several years and this year we finally went. If you want to read about our short trip, keep reading.
Maybe you’ve heard about the recent attack on Bitcoin Gold exchanges, where the attackers stole some BTG using a form of double-spend attack.
This article closes the series about dumping Bitcoin forks, which started with this post. In the previous instalments we introduced various ways how to claim and dump them. The most valuable forks were described in more detail. This article will sum up all the other forks I claimed and dumped, since they do not deserve their own full post.
In any non-trivial system, failure is inevitable and incidents happen. How we deal with the incidents aftermath determines if they just cost money or we gain something from them.
Timeouts are a simple yet powerful mechanism that can prevent system failures and ensure reliability. However, they are often overlooked in software development, leading to potential issues like hanging processes or resource exhaustion. This article explores the importance of setting appropriate timeouts and provides practical insights on how to implement them effectively. Learn why timeouts are crucial for building resilient and efficient systems.
It becomes increasingly difficult to write something about particular fork, as they are getting indistinguishable. This time, we’ll dump BitcoinX (BCX). So in this article I will focus more on yet another method of claiming, which is mildly interesting, without commission and can be used for many forks.
If the ways I dumped Bitcoin Cash, Gold, Diamond and Super were too boring for you (they were, indeed), this time we’ll get our hands a bit more dirty. If you follow this story, you will become richer. That is, richer with knowledge, because there is not much to be made off dumping Bitcore (BTX).
Getting into more obscure forks (but believe me, there are many more to come), I decided to do a double take, because I got rid of these two the exactly same way. The previous cases were both 1:1 forks, meaning you got one unit for one BTC. This time we’ll see first case of unit change, which I think is a clever trick, to be honest.
The second most prominent Bitcoin fork was created about three months after Bitcoin Cash, which I wrote about in previous part of this series. If BCash wanted to solve the capacity problem by increasing block size, Bitcoin Gold (BTG) tried to “democratize” mining. The financial interests of their creators might also have played a tiny bit of a role in creating them, I suspect.
Bitcoin Cash or BCash (BCH) was the first prominent fork, which started all the later craze by it’s relative success. If you are going to claim just one fork this should probably be it. Contrary to common sense, at the time of writing this article, it’s valued at about 15% of Bitcoin value.
