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Anonymous
--Hard fork service post-- 2017-08-01 11:58:33 Post No. 2923717
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--Hard fork service post-- 2017-08-01 11:58:33 Post No. 2923717
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Important note on the timing of Bitcoin Cash hard fork activation
The criterion for activation of the Bitcoin Cash hard fork activation is based on "Median Time Past", or MTP. This means that the chain split will not occur at exactly 12:20 UTC on Aug. 1st, but some time after.
MTP is a statistic calculated over 11 blocks, and trails behind wall clock time by about 6 blocks. This means that the last common block will be approximately the 6th block with a timestamp after 12:20pm. The block after that will be different on either chain.
Users attempting to split coins, and transact separately on the two networks should be aware of these details in order to properly identify the last common block, and the first post-split block.
https://www.bitcoincash.org/activation
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https://support.bittrex.com/hc/en-us/articles/115000808991-Statement-on-Bitcoin-Cash-BCC-
>i.e. 1 BTC on Bittrex held during the on-exchange snapshot will get you 1 BCC.
What does bittrex mean by this?
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>>2923753
Also want to know, just want to know how long i need to keep the BTC and still get the BCC
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>>2923753
literally how can they make it more clear than that lol
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>>2923773
What if I buy alts with all my btc at 12:21 but before the fork take place? Do I still get bcc?
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>>2923796
If you buy alts before the split, will you still have btc at the split?
If you give the cashier at the grocery store your last dollar for a soda, will you still have a dollar after you buy the soda?
Your teacher was wrong, there are stupid questions.
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>>2923842
>If you have a Bitcoin (BTC) balance on Bittrex during the BCC UAHF time on August 1st, 5:20am PT (12:20pm UTC), you will be additionally credited the equivalent amount of Bitcoin Cash (BCC) on a 1:1 basis. i.e. 1 BTC on Bittrex held during the on-exchange snapshot will get you 1 BCC. BTC held on orders will also be credited. Only the BTC held on your account is eligible for BCC.
My question is, when is the 'bittrex on-exchange snapshot'? Is it on 12:20 utc or the blocktime when the fork happens?
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>>2923717
holy shit, BTC is gonna drop like a rock when all the hodlers panic because they don't know this
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>>2923864
It must be when the fork happens I guess
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