Bitcoin Candy (CDY) is the first hard fork of Bitcoin Cash (BCH).
Whether a joke or a prank coin, the birth of Bitcoin Candy will happen on the mainnet once Bitcoin Cash reaches block height 512666.
What makes Bitcoin Candy different?
- A new cute pink logo.
- Drastic reduction of the block time to two minutes.
- Total supply of coins set at 21 billion, instead of the 21 million of Bitcoin.
- One percentof the supply is pre-mined.
- Block size is 8M.
And… “anti-quantum attack exploration” — The Bitcoin Candy team claims to have a deep post-quantum cryptography background and intends to conduct research and experiments on the CDY chain for practical public key signature algorithms in the post-quantum-era blockchain. They expect quantum computers being able to break Bitcoin’s ECDSA within five to ten years, so they are proactively bracing for it.
Bitcoin Candy is a Free Airdrop for BCH Holders
Those who hold BitcoinCash at height 512666 can get free CDY at a rate of 1BCH : 1000CDY.
This is expected to happen around January 12, 2018.
For its proof of work (POW) algorithm, Bitcoin Candy uses EQUIHASH (GPU).
Bitcoin Candy has no SegWit (Segregated Witness).
How to Get Bitcoin Candy?
Best bet is Coinex.com
What do the Bitcoin Candy team have to say?
On August 1, 2017, Bitcoin community finally ended its years-long expansion war by splitting the original bitcoin into two chains, Bitcoin cash (BCH) and Bitcoin segwit (inheriting BTC ticker).
We think BCH is more in line with Satoshi Nakamoto’s vision of bitcoin “a peer-to-peer electronic cash system” and will have a brighter future.