On March 9, Monero was successfully upgraded via a hard fork.
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.
- Follow up
- News
Bitcoin Private (BTCP) developers have accused cryptocurrency exchange HitBTC of fraud in connection with the recent coinburn.
- Hodler’s Digest
Facebook is getting serious about crypto, Samsung’s new smartphone will support more cryptos, and more in this Hodler’s Digest.
- News
Ethereum’s core developers discussed the need for a new hard fork coordinator during a core developer meeting on March 1.
- News
The Ethereum mainnet’s latest update, Constantinople and St. Petersburg, went live at block 7,280,000.
- News
The platform will aim to enhance performance and target institutional clients, says Justin Sun.
- News
Ethereum’s next two network upgrades, dubbed Constantinople and St. Petersburg, are scheduled to happen in under a week.
- News
Ethereum’s Vitalik Buterin has denied that a new Constantinople smart contract creation feature will have negative security implications for the network.
- News
CEO Laurent Kssis told Bloomberg the company had no clue about hard forks and related concepts last year.
- News
Market interest in the Ethereum’s Constantinople and Serenity hard forks has reportedly led to the underestimation of other more important proposals.
- News
Major crypto wallet Blockchain.com adds partial support for Bitcoin SV, but notes it has no plans to offer full functionality for the crypto at present.
- Hodler’s Digest
Bakkt has announced their first acquisition, and a New Zealand crypto exchange has been hacked.
- News
Ethereum core devs have reportedly postponed the activation of Constantinople hard fork until late February.
- News
Ethereum’s Constantinople hard fork has been reportedly postponed until at least the next week over a newly discovered vulnerability.
- News
Two major crypto platforms join the likes of Binance and Huobi in pledging to proactively monitor this week’s Ethereum update.
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