Hard Fork

A hard fork, as it relates to blockchain technology, is a radical change to a network's protocol that makes previously invalid blocks and transactions valid, or vice-versa. A hard fork requires all nodes or users to upgrade to the latest version of the protocol software. Forks may be initiated by developers or members of a crypto community who grow dissatisfied with functionalities offered by existing blockchain implementations.

Looking for world-class cryptocurrency portfolio management tools? Manage your digital wallets across multiple exchanges and trade anytime, anywhere.  Sign up for Coinigy Now

Was this article helpful?
0 out of 0 found this helpful
Have more questions? Submit a request

Comments

0 comments

Article is closed for comments.