Bitcoin now has over 40 hard forks resulting in spin-off tokens, new research reveals, while sentiment suggests most will suffer the fate of most historical altcoins.
Bitcoin’s ‘Moved On’ From Hard Forks
Being a ‘Bitcoin maximalist’ may not be as crazy as you think. In the latest installment of its market research, Hong Kong based trading platform BitMEX identified 42 struggling tokens, which “seem to have forked away from Bitcoin.”
All coming after the network’s first hard fork, Bitcoin Cash, the list includes many tokens which failed to make the headlines, such as Bitcoin Hot, Bitcoin Faith, and even Bitcoin Pizza.