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Hard Fork

What is a hard fork?

A hard fork is a change to the rules of a blockchain that makes previously invalid transactions valid, or vice versa. Once the hard fork rules go live it is possible for a block to be created on the new chain that cannot be created on the old chain under the old rules.

This then creates a fork in the blockchain, with the older blockchain continuing with the old rules, and the new blockchain continuing with the new rules.

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Profiles

  • Vitalik Buterin – The Mastermind
  • Andreas Antonopoulos – the Bitcoin Sherpa
  • Elizabeth Stark – the Bolt of Lightning
  • Charlee Lee – the Creator of Silver to Bitcoin’s Gold
  • Nick Szabo – the Mysterious Blockchain Titan

Basics

  • What Is Ethereum – A Complete Guide to the #1 Smart Contract Platform
  • A Beginner’s Guide to Bitcoin (BTC): Introduction to the Cryptocurrency World
  • What Is My Bitcoin Address and How Does It Work?
  • Cryptocurrency Consensus Algorithms Bible: Everything you Need to Know
  • Five Investments Guaranteed to Be Better Than ETH, BTC or SOL!
  • How to be Mindful while Trading, Minting or Learning about Crypto

Notes

The views expressed on this blog are based on personal opinion and experience, and should not be considered as professional financial investment advice. Feel free to contact us here. For our live charts & news, we’re using the awesome APIs from CryptoCompare and Cryptopanic.

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