A new project, World Bitcoin (WBTC), fork at block 503,888 on January 12, Bitcoin.com reported.
WBTC will focus on building a ”global application infrastructure”, according to its website. World Bitcoin aims to evolve beyond the current blockchain into something far more efficient.
“We call it World Bitcoin because we want to solve the practical problems in the Bitcoin (TIKER: BTC.EXANTE) Network from a global perspective and offer more diverse scenarios of applications,” its founders say, according to NewsBTC.
The total amount of WBTC is 2.121 billion, among which 21 million WBTC will be managed by the WBTC Foundation for the purpose of marketing and building a global ecosystem and developing new features.
Another big block project called Bitcoin Candy (CDY) forked Bitcoin Cash (TIKER: BCH.EXANTE) (BCH) at block 512,666. BCH holders got CDY at the ratio of 1 BCH 1000 CDY.
The project aims to make Bitcoin resistant towards a perceived growing threat of quantum computing.
“The CDY team will focus on experimenting with post-quantum signatures to secure cryptocurrencies,” the team explained.
CDY’s supply available for mining is 21 billion units, among which 210 million are pre-mined to motivate early developers and for promotion.