Is BCH Eligible for Candy Distribution?374

Bitcoin Cash (BCH) emerged as a result of a hard fork from Bitcoin (BTC) in August 2017. Due to this fork, there has been some speculation about whether BCH holders are eligible to receive candy from projects that distribute tokens to BTC holders.

What is a Candy Distribution?

A candy distribution, also known as an airdrop, is a promotional event in which a project distributes its native token for free to the holders of another cryptocurrency. The purpose of a candy distribution is to raise awareness of the project and attract new users.

Eligibility for Candy Distribution

The eligibility criteria for candy distributions vary from project to project. Some projects distribute tokens to the holders of a specific cryptocurrency, such as BTC or ETH. Other projects may have more specific eligibility requirements, such as requiring users to hold the target cryptocurrency in a particular wallet or to participate in a specific activity.

BCH Eligibility

The eligibility of BCH holders for candy distributions depends on the specific requirements of each project. Some projects may explicitly exclude BCH holders from their distributions, while others may allow BCH holders to participate. It is important to check the eligibility criteria of each project carefully before assuming that BCH holders are eligible.

Projects that Have Distributed Candy to BCH Holders

There have been several projects that have distributed candy to BCH holders in the past. Some notable examples include:
Bitcoin SV (BSV): BCH holders who held their BCH on certain exchanges were eligible to receive BSV tokens during the BSV airdrop in November 2018.
Bitcoin Gold (BTG): BCH holders were eligible to receive BTG tokens during the BTG airdrop in October 2017.
Callisto Network (CLO): BCH holders were eligible to receive CLO tokens during the CLO airdrop in March 2018.

Conclusion

The eligibility of BCH holders for candy distributions depends on the specific requirements of each project. Some projects may explicitly exclude BCH holders from their distributions, while others may allow BCH holders to participate. It is important to check the eligibility criteria of each project carefully before assuming that BCH holders are eligible.

2025-02-13

Previous：How is Bitcoin‘s Value Measured?

Next：Bitcoin Price Prediction for Next Week: All Eyes on Resistance at $25,000