An exciting bitcoin fork is coming up in april, what to expect?

  LONDON, UK - 04/02/2018 (PRESS RELEASE JET)

After some popular hard forks of the bitcoin blockchain in 2017 such as Bitcoin Cash and Bitcoin Gold, a new fork is on the horizon and an exciting one at that. The FOX BTC hard fork, performed by tech company Z-Magnetars will happen on April 30th at block height 520419.

What’s FOX BTC?

FOXBTC aims to empower company-based forking in the crypto markets by enabling users to store and exchange any airdrop. Users will be rewarded on a 3,6 and 12-month basis through the FOX airdrop program.

Based on a hybrid Proof of Stake and Proof of Work mechanism which provides a 6% annual incentive for staking, the FOX BTC implements a standard GPU power mining with an incentive of 50 coins per block.

The Supply

Similarly to Bitcoin, FOX BTC will have a limited supply, with around 16.5M coins in circulation, 5.5M coins in the hybrid Proof of Stake + Proof of Work mechanism and 5M coins allocated for the airdrop, 1M of which will be held by the team of Z-Magnetars.

Value Proposition

With 9 Bitcoin forks already executed in 2018 and at least 25 more coming up this year, FOX BTC enables crypto users to have full access and control of forks and airdrops. Users will be able to enjoy the true benefits of decentralization, bringing us one step closer to mass adoption of cryptocurrencies.