Hard Fork
A hard fork on Bitcoin can be thought of as a literal “fork in the road”.
The blockchain is doing its thing, processing transactions as per its protocol when a split occurs and two different chains exist, the new one and the old one. This splitting is known as a hard fork and often results from disagreements on how the original protocol should operate.
There have been many of these disputes over Bitcoin’s history but the newer chains haven’t caught on and the open market has decided that Bitcoin’s unchanged protocol is the main one they want – seems they have chosen wisely if you ask us!
Latest Articles
Why Bitcoin Miners Are Buying Bitcoin
MicroStrategy (MSTR), the software company founded by Michael Saylor, is the first to adopt a Bitcoin treasury policy, and it’s done wonders for his share
How FTX Repayments Will Work
The collapse of FTX in November 2022 marked one of crypto’s largest failures, leaving millions of customers wondering about their funds and a plethora of
Bitcoin ATMs Get A Bad Rap
So you want to get some Bitcoin, but you don’t have a bank account or credit card, or you do and don’t want to tie