In the world of cryptocurrency, Bitcoin has always occupied an important position, and Bitcoin's fork coins have attracted much attention. What are the first three Bitcoin fork coins? Let's unveil their mystery together.

Bitcoin fork refers to the process in which the blockchain network splits into two independent networks due to differences in consensus mechanisms and other aspects. In this process, new cryptocurrencies are born, namely fork coins. Among the many fork coins, three have attracted much attention, namely Bitcoin Cash, Bitcoin Gold and Bitcoin Diamond. Next, we will explore the characteristics and impacts of these three fork coins in depth.

Bitcoin Cash is one of the earliest fork coins of Bitcoin. It was born in 2017 to solve the problems of Bitcoin network congestion and high transaction fees. Bitcoin Cash uses an 8MB block size, which greatly improves transaction speed and throughput. This feature has attracted many supporters who believe that Bitcoin Cash is more suitable as an effective payment tool.

Bitcoin Gold was born in the same year, and its main purpose is to achieve decentralized mining. Bitcoin Gold uses the Equihash algorithm, which enables ordinary people to mine through graphics cards, reducing the control of mining pools over the Bitcoin network. This decentralized feature attracted a group of community members who believe in distributed power.

Finally, Bitcoin Diamond was born at the end of 2017 with the aim of improving the privacy and security of Bitcoin. Bitcoin Diamond uses a larger block size and faster transaction confirmation time, while introducing privacy protection technology to make transactions more secure and anonymous. This feature attracted a part of Bitcoin holders who want better privacy protection in transactions.

In general, these three Bitcoin forks have their own focuses, aiming to solve problems in the Bitcoin system and meet the needs of different community members. Bitcoin Cash improves transaction speed and throughput, Bitcoin Gold realizes decentralized mining, and Bitcoin Diamond focuses on privacy protection and security. The emergence of these forks has enriched the choice of cryptocurrencies and brought new ideas and possibilities to the development of blockchain technology.

In the future, with the continuous development and innovation in the field of cryptocurrency, we believe that more Bitcoin forks will emerge, bringing more choices and possibilities. The exploration journey of Bitcoin forks has just begun. Let us wait and see and witness the infinite possibilities of the world of cryptocurrency.

The four most famous international exchanges:

Binance INTL	OKX INTL	Gate.io INTL	Huobi INTL
China Line　APP DL	China Line　APP DL	China Line　APP DL	China Line　APP DL

Note: The above exchange logo is the official website registration link, and the text is the APP download link.

Since the first hard fork of Bitcoin in August 2017, the fork of Bitcoin seems to have become uncontrollable. As we all know, Bitcoin is the most watched leading currency in the currency circle. It can be said to be synonymous with digital currency and is currently the most influential cryptocurrency. Although Bitcoin has such a high status, from a technical point of view, Bitcoin does not have an advantage over other digital currencies. Many developers are discussing the issue of expansion, which has also spawned a series of Bitcoin forks such as BCH. So what are the top three Bitcoin fork coins? Let the editor of the currency circle introduce it to you.

 What are the top three Bitcoin fork coins?

BCH (Bitcoin Cash)

BCH, short for Bitcoin
Cash, is called Bitcoin Cash in Chinese. In addition, BCC is the early name of BCH and is now abandoned. BCH forked on August 1, 2017, when Bitcoin was at a height of 478559, creating a precedent for Bitcoin forks. As listed in this article, Bitcoin forks have become increasingly sparse and common after BCH.

BCH is a scaling solution for BTC, using 8M blocks and not supporting SegWit, because the development team believes that with such a large block size, SegWit has become irrelevant. BCH learned from the Ethereum fork and added two-way replay protection, so there was no chaos such as asset loss after the fork. Later, other forked coins also followed suit and generally added replay protection.

BCH's mining resistance algorithm and mining machine are the same as BTC. Some mining pools also added BTC/BCH automatic switching function, which can automatically switch miners to high-yield currencies. Initially, BCH used the emergency difficulty adjustment mechanism (EDA), but later found that EDA was not stable enough, and sometimes the mining difficulty was more than 3 times that of BTC. Therefore, BCH executed a hard fork upgrade on November 13, and has now added the DAA difficulty adjustment mechanism.

From the current situation, BCH is the most successful of several Bitcoin forks, and its influence is constantly expanding. It has been supported by many exchanges and wallets, and even some bigwigs in the currency circle believe that BCH is the real Bitcoin. On November 12, 2017, the price of BCH soared wildly, reaching a historical high of $2,500 at one point, and the market value also reached more than $30 billion at one point, briefly surpassing Ethereum to become the second largest digital currency. But then the price of BCH fell sharply and is currently in a state of ups and downs.

BTG (Bitcoin Gold)

BTG is the abbreviation of Bitcoin Gold, and its Chinese name is Bitcoin Gold. The Bitcoin Gold development team is led by Liao Xiang, CEO of Hong Kong mining company Lightning
ASIC. BTG forked from Bitcoin at height 491407, but after the fork on October 25, 2017, the BTG network had not yet been completed, so the BTG network was not officially launched until the early morning of November 13, 2017, Beijing time.

Compared with other forked coins, BTG did not expand the capacity of BTC, and still uses the 1M block + SegWit setting. The main change is the mining algorithm. In order to prevent the problem of excessive concentration of computing power caused by ASIC dedicated mining machines, it has been restricted, and GPU mining has been used instead, and the emergency difficulty adjustment mechanism (EDA) has been used. In general, BTG is mainly intended to solve the problems of excessive concentration of BTC mining power and difficulty adjustment mechanism.

BCD (Bitcoin Diamond)

BCD is the abbreviation of Bitcoin Diamond, and its Chinese name is Bitcoin Diamond. It was jointly developed by Evey and the 007 team and operated by the Bitcoin Diamond
Foundation. BCD was first announced after the failure of the SegWit2x hard fork, and it was forked at the Bitcoin block height of 495866. BCD uses 8M large blocks, supports SegWit, has replay protection, and uses a new work verification algorithm to create blocks. Compared with BTC, it has transfer privacy protection function, and the transaction amount can also be encrypted.

The total issuance of Bitcoin Diamond is 210 million, which is exactly 10 times that of Bitcoin. Among them, 170 million Bitcoin Diamonds are provided to Bitcoin holders, and the distribution exchange ratio is 1BTC: 10BCD. The remaining 40 million Bitcoin Cash will be automatically transferred to the community reward pool as mining rewards.

On November 16, 2017, Exchange.com and Btcbox.co.jp announced their support for BCD. In addition, exchanges such as Exx.com, Aex.com, Cex.com, Kex.com, Coinbene.com and Rightbtc.com also stated that they would list BCD.

The above content is the specific answer of the editor of the currency circle to the question of which coins are the top three Bitcoin fork coins. As time goes by, there may be more and more Bitcoin fork coins in the future, and Bitcoin forks will become more and more frequent, and many new coins will be generated. However, most of the Bitcoin fork coins have not caused much waves, and even most of the Bitcoin fork coins have returned to zero. There are very few Bitcoin fork coins that can survive. We know that on the one hand, the current digital currency market is not that big and cannot accommodate so many currencies. Secondly, not all fork coins are valuable. After the irrational fork fever, digital currencies will still return to rationality.