What is a HARDFORK | Short & FaststeemCreated with Sketch.

in #blockchain7 years ago


Hey Steemians,

Here I simply tell you what a Hardfork is.

HARDFORK

Each coin has a protocol / software. Assumed in the blockchain is a block 2 MB in size. The new protocol says that from now on a block should be 20 MB.

A Hard Fork will find a block (call it X) that will be discarded by the older version but accepted by the newer version. From this block X, two blockchains develop in parallel.


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