What is the vision for hard fork

flysky (73)in #steemschools • 5 years ago

How community would understand true value of hard fork. Is hf value add, is hf one sided or is the hf to improve blockchain.

“Intended hard forks splitting the cryptocurrency
Source code credit https://en.m.wikipedia.org/wiki/List_of_bitcoin_forks
Hard forks splitting bitcoin (aka "split coins") are created via changes of the blockchain rules and sharing a transaction history with bitcoin up to a certain time and date. The first hard fork splitting bitcoin happened on 1 August 2017, resulting in the creation of Bitcoin Cash.

The following is a list of notable hard forks splitting bitcoin by date and/or block:

Bitcoin Cash: Forked at block 478558, 1 August 2017, for each bitcoin (BTC), an owner got 1 Bitcoin Cash (BCH)
Bitcoin SV: Forked at block 556766, 15 November 2018, for each Bitcoin Cash (BCH), an owner got 1 Bitcoin SV (BSV).
Bitcoin Gold: Forked at block 491407, 24 October 2017, for each bitcoin (BTC), an owner got 1 Bitcoin Gold (BTG)”

Example of bitcoin forks

Steem on

#hardfork #steem #steemit

5 years ago in #steemschools by flysky (73)

$0.87