Altcoins Talks - Cryptocurrency Forum

Crypto Discussion Forum => Cryptocurrency discussions => Topic started by: Marcusbrown on November 01, 2018, 11:24:24 AM

Title: What is Forking in Cryptocurrency?
Post by: Marcusbrown on November 01, 2018, 11:24:24 AM

A fork or forking in the crypto space means a type of software update or upgrade in a given project.

Title: Re: What is Forking in Cryptocurrency?
Post by: cryptoc on November 01, 2018, 11:36:25 AM

There are two main types of forks. A soft fork is backwards compatible and a hard fork is not.

Title: Re: What is Forking in Cryptocurrency?
Post by: JaymondStark on November 04, 2018, 10:59:31 AM

There are two types of forks, one is soft and one is hard fork.

SOft fork is kind of a software update where you solve bugs at medium level.
Hard fork means they had to make it since a critical bug found at the architectural level of the code.

When a hard fork happens, they generally give away new coins or change the coin name.