The process of radically changing the protocols on a blockchain where the developers determine that changes must be made to a cryptocurrency that will create incompatibilities between the old and new coin. All the users or nodes must upgrade to the up-to-date version of the software.
Hard Fork
Related Terms
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Ethereum is a decentralized, open-source, and distributed computing platform that enables the creation of smart contracts and decentralized applications, also known as dapps. Ethereum, or the Ethereum Virtual Machine (EVM), is an attempt to build a new version of the internet: An internet where money and payments are built-in. An internet where users can own […]
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Ethereum Classic (ETC) is a type of cryptocurrency that is a continuation of the original Ethereum blockchain following the DAO attack in June 2016. Ethereum Classic is a decentralized blockchain...
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A hard landing occurs when the tightening of monetary policy, such as raising interest rates, is too aggressive or poorly timed.
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EOS is the native token of EOSIO network, which is a type of blockchain technology that is positioning itself as a decentralized operating system. EOS.IO is a blockchain protocol powered by its...
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Dash (DASH) is a cryptocurrency based on Bitcoin software but has anonymity features that make it impossible to trace transactions to an individual. It was created by Evan Duffield in 2014 and was previously known as XCoin (XCO) and Darkcoin. Dash describes itself as digital cash that aims to offer financial freedom to everyone. Payments are […]