Bitcoin Forks: You Wont Believe How Many There Actually Are

Bitcoin Forks: You Wont Believe How Many There Actually Are
фото показано с : bitcoinist.com

2020-4-2 15:54

We all know what Bitcoin forks are, right? Like BCH, BTG, maybe a couple of others… Actually, there’s a staggering amount of forked projects. Find out just how many below. What Are Bitcoin Forks Again? Just for a very quick recap, Bitcoin forks are divided into two categories: soft and hard. A soft fork occurs when there is a change to the software protocol. This type of fork makes previously valid blocks invalid. However, soft forks are backward-compatible as old nodes will recognize the new blocks as valid. While both soft and hard forks change how the protocol of cryptocurrency works, a soft fork allows non-updated nodes to process transactions. This means that not all nodes are required to update for the fork to take place. In the case of the leading crypto, a good example of a soft fork is SegWit–an update that’s still compatible with the old code. A hard fork, on the other hand, is incompatible with previous versions. This means that all nodes must agree to upgrade to the new protocol or they won’t be able to process transactions. Hard forks can be used to change an existing protocol or create an entirely new chain with a new protocol. So, think of some well-known hard forks in the Bitcoin community. Bitcoin Cash and Bitcoin Gold would almost certainly come to mind. BCH was created with different goals that not everyone agreed on. Those who wanted to keep the block size the same continued to mine Bitcoin. Those who wanted to increase the block size to allow for more transactions per second changed to BCH. Bitcoin Gold (BTG) was a hard fork created by a small group of developers who wanted the network to remain ASIC-resistant. So How Many Forks Are There? Beyond BCH, BTG, and SegWit… you may be thinking there’s just a handful of soft and hard forks in Bitcoin’s history. You thought wrong. According to a post on Bitcointalk.org, there’s a massive total of 105 Bitcoin forks of which: 74 are considered active projects, the remaining 31 are considered historic and are no longer relevant. Here are just a sample few of these forks. bitcoin forks Sounds like a lot right? And since forks are an integral part of the Bitcoin network’s development, it’s likely that there will be many more to come. How many Bitcoin forks did you think there were? Let us know in the comments below! Images via Shutterstock, Fork.net

Similar to Notcoin - Blum - Airdrops In 2024

origin »

Bitcoin (BTC) на Currencies.ru

$ 67667.23 (+0.14%)
Объем 24H $26.945b
Изменеия 24h: -1.20 %, 7d: -1.65 %
Cегодня L: $67187.68 - H: $67667.23
Капитализация $1333.583b Rank 1
Цена в час новости $ 6652.07 (917.24%)

forks bitcoin actually many again find out

forks bitcoin → Результатов: 126


Фото:

New Study: Hard Forks Dangerous to Cryptocurrency Stability

Cryptocurrency–Hard forks for top of the market coins have had a quiet 2018 compared to last year. The second half of 2017 saw the creation of Bitcoin Cash, forked from the original BTC code commonly referred to as Core, which has led the currency to a position of fourth by total market capitalization, worth nearly […] The post New Study: Hard Forks Dangerous to Cryptocurrency Stability appeared first on Ethereum World News.

2018-9-15 22:43


Would Coordinated Efforts of Governance Strengthen or Weaken Bitcoin?

Recent research suggests that there needs to be coordination between leading providers of cryptocurrency infrastructure products to protect against disruption caused by hard and soft forks. However, previous incidents of network upgrades have only strengthened bitcoin and efforts to govern the protocol raise questions over potential centralization.

2018-9-12 22:00


What Is Masari?

All major cryptocurrencies have seen their code being forked over the past few years. It is a trend affecting Bitcoin, Ethereum, Litecoin, and so forth. Monero has seen its fair share of forks too, although the Masari project has been overlooked by a lot of people. Nearly a year after being first announced, now is […]

2018-8-5 02:00


Фото:

Breeze Wallet with Breeze Privacy Protocol Mainnet Now Available for Download

The Breeze Wallet with the Breeze Privacy Protocol public mainnet has been released and is now open to the public. The wallet showcases Stratis technology — a platform built for visual basic apps and blockchain solutions — and places heavy emphasis on both privacy and security for businesses seeking to implement business-to-business (B2B) transactions on the Stratis and Bitcoin blockchain networks.

2018-8-4 00:02


Фото:

A Look at the Long and Annoying Process of Claiming Bitcoin Forks

Over the past year, there has been a lot of forked coins based on the Bitcoin Core (BTC) codebase in various forms and with all types of interesting names. There are anywhere between 40-70 forked coins in the ecosystem that are worth a few bucks, while some of them are worthless and not worth the […] The post A Look at the Long and Annoying Process of Claiming Bitcoin Forks appeared first on Bitcoin News.

2018-7-8 01:40


Фото:

Jonas Schnelli: Very difficult to make Bitcoin easy for people

Jonas Schnelli speaks about his work as a Bitcoin Core Developer, making Bitcoin more user-friendly, Bitcoin software development as an open source project, dealing with disagreements and criticism, Bitcoin Cash, Ethereum, hard forks, Bitcoin maximalism, time horizons for cryptocurrencies, why the slow progress of Bitcoin can be a good thing, why making Bitcoin more user

2018-6-13 19:55