Cryptocurrencies: 2414 / Markets: 19980 Market Cap: 24h Vol:
Cryptopolitan
2019-08-13 13:10:34

The Psychology Behind Forking

To those in the bitcoin community, especially the enthusiasts, forking with a cryptocurrency is believed to be unhealthy for the crypto ecosystem. Some even gave this activity the name “contentious hard fork.” They think that this course of action can damage a cryptocurrency, and it is harmful to the market in general. Despite what they say, we believe that this view is narrow-minded. Here’s why: The Definition of a Cryptocurrency Fork Simply put, a hard fork is when there is a split in the cryptocurrency. Instead of having one, there are now two cryptocurrencies, the original currency and the new

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