Super Bitcoin (SBCT) is set to be another cryptocurrency created by hard forking the Bitcoin Blockchain. As has been the case with the Bitcoin Cash and Bitcoin Gold hard forks, Super Bitcoin will give a one for one cryptocurrency dividend to holders of Bitcoin.
The fork is set to take place on December 17, 2017 at block height 498888. The quantity of Bitcoin you have at that point in time will determine the number of free Super Bitcoin you will receive. To make sure that you get this free cryptocurrency, it is important that you control the private key to your Bitcoin. If instead, you have your Bitcoin at an exchange, then they control your private key. In this case, there is no guarantee that your exchange will support Super Bitcoin and you may miss out.
Other key dates for Super Bitcoin, according to their website, are:
March 31, 2018 add smart contract
May 31, 2018 implement zero-knowledge proofs to better protect privacy
November 30, 2018 remove dynamic checkpoint protection
The team behind the project, Ranger Shi (Chief Scientist), Li Xiao Lai (Foundation Member) and JiaPeng Lin (Foundation Member) are aiming to inject new momentum into Bitcoin, as they believe that it has lost a large market share due to smart contract pressure from Ethereum and Zcash.
Like Bitcoin Gold, and unlike Bitcoin Cash, Super Bitcoin will be a friendly fork. In other words, they are not trying to become the real Bitcoin. The website describes Super Bitcoin as, "an experiment, trying to implement promising solutions that the community has been proposing."
The number of Super Bitcoin will be limited to 21,210,000 of which 210,000 will be pre-mined.
The official website is SuperBTC.org
Bitcoin to the Moon is a blog dedicated to following the original cryptocurrency on a journey to its ultimate destination.
Like what you've read?
Please consider leaving a tip at 3NyGo1wQACZdsENK8YFnjY1rDm8Ferd7Sv or scan the QR code above. You can also subscribe to keep up to date with the latest posts. Thanks very much :)