First Bitcoin Capital Corp (BITCF)

[srm4u]

it might be a bit early for investors to jump in, expect more of the same here for awhile

We’ve witnessed just shy of 500% piled on for shareholders of BITCF over the past month. Moreover, the listing has registered increased average transaction volume recently, with the past month seeing a bit less than 270% above its longer run average levels. BITCF has virtually no cash on the books, which compares with about $175K in total current liabilities. The company is pre-revenue at this point. For continuing coverage on shares of $BITCF stock, as well as our other hot stock picks, sign up for our free newsletter today and get our next hot stock pick!

http://oracledispatch.com/2017/03/23/first-bitcoin-cap-com-npv-otcmktsbitcf-gets-jump-fork/

Replay Protection

Additionally, the exchanges request that the Bitcoin Unlimited team solves another problem before BTU is listed on the exchanges at all: replay attacks.

Without special precautions, a coin-split can be messy. When Ethereum split, for example, transactions on both sides of the fork looked exactly the same. As such, spending coins on one end of the chain could accidentally lead to the equivalent coin being spent on the other side of the chain. Instead of paying someone only ether ( ETH ), a user may unintentionally pay classic ether (ETC) as well - or vice versa.

The current implementation of Bitcoin Unlimited does not include replay protection. Therefore, if Bitcoin Unlimited hard forks and creates a coin-split, similar problems may emerge.

As such, the exchanges also ask the Bitcoin Unlimited team to include replay protection.

"None of the undersigned can list BTU unless we can run both chains independently without incident. Consequently, we insist that the Bitcoin Unlimited community (or any other consensus breaking implementation) build in strong two-way replay protection. Failure to do so will impede our ability to preserve BTU for customers and will either delay or outright preclude the listing of BTU," they write.

Read the complete letter with signatories here .

http://www.nasdaq.com/article/major-exchanges-will-consider-bitcoin-unlimited-a-new-asset-cm762337