Bitcoin forks are confusing mostly because people use the same word for two different kinds of forks.


Next month, both kinds are set to happen around the same Bitcoin block:
• BIP-110: a softfork that tightens Bitcoin's data rules.
• eCash: a hardfork that launches a separate Bitcoin chain with Drivechains built in.
1. BIP-110
Bitcoin continues on its existing chain, while supporting nodes enforce stricter data rules. The update changes which transactions those nodes accept.
2. eCash
uses Bitcoin’s history up to the fork block to launch a separate network.
@BTCdrivechains plans to use that network as a home for Drivechains, where devs can build things like payments, privacy tools, or smart contracts without changing Bitcoin itself.
Drivechains come from @Truthcoin, who wrote them up as BIP 300/301 and has spent more than a decade pushing to get them onto Bitcoin.
The new chain will use ECX as its native coin. Any address that holds 1 BTC at the fork block, the same keys will also control 1 ECX on eCash.
At approximately Bitcoin block 963,648, every $BTC holder receives an equal amount of eCash, with no changes to their Bitcoin.
To guarantee your ECX, it's recommended to move your BTC to a self-custodial wallet before the snapshot. Exchange support is not guaranteed.
Your BTC's fine either way, but I wouldn't want mine sitting on an exchange when the snapshot happens.
BTC1.59%
XEC-2.28%
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