During yesterday’s Unitize blockchain conference, developer Bruno Škvorc illustrated how a Polkadot-based blockchain can be launched within one hour.
Hard Fork News
The definition of a hard fork is not easy, so we’ll better start with an example from the latest hard fork news. A well-known example of a hard fork was the appearance of Bitcoin Cash as an alternative to Bitcoin Classic with improved transaction speed and smaller fees. This schism led to the presence of 2 completely different currencies. The key point of this occasion is those changes are permanent, and that is what differs hard fork from any other changes in the system.
So, a hard fork is a radical change in the Blockchain that makes all the previous blocks or transactions invalid (or vice-versa). Events like this make all users upgrade their software to the latest version, because previous versions become unusable in the newest one. This event creates a split or a fork: one path follows the new version and one path follows the old one.
Qtum completed a testnet hard fork prior to launching its mainnet hard fork.5709
Beam updates details on its June 28 hard fork, laying out foundations for the firm’s future DeFi offering.3395
A former Steem witness received death threats from a Hive user, is DPoS to blame for the Steem/Hive drama?7801
Ethereum Classic performed its scheduled upgrade to bring Ethereum’s Istanbul features to the classic chain, making the two protocols fully compatible with each other.9510
While Binance will support the Steem hard fork to freeze $6M in user funds, CZ offered support to additional forks.7111
Steem has completed a soft fork which sanctions the account that went rogue and sent 23.6 million STEEM to Bittrex in protest of a recent hard fork.3082
Steem’s latest hard fork has been completed but almost $6 million of STEEM due for seizure was ‘rescued’ in a mysterious transaction to Bittrex exchange.5214
Steem will freeze another $5 million in funds associated with the accounts of Hive supporters.8584
Signs indicate that Venezuela’s state-backed cryptocurrency quietly underwent a hard fork earlier this month.5428
After successfully completing its first hard fork in August 2019, privacy coin Beam plans to execute its second hard fork in June 2020.8280
Gatehub and Bitstamp are facing lawsuits from a Canadian investor over $4.9 million in alleged losses resulting from misleading info.5891
With an undercurrent of crypto funding in indie film projects, is there enough potential to disrupt the entire industry?13865
A group of former core Steem developers formed a new company to monetize open-source development on Hive & compete with private corporations.2457
Steem has again taken aim at the blockchain's former validators, executing a soft fork to freeze 17.6 million tokens associated with its previous witnesses.3220