Does Hardfork help? | Bitcointalksearch.org

Javi_Anibarro

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Quote from: ansi on February 11, 2020, 01:53:51 PM

Not necessarily, but the main goal of it is " updating " the blockchain / protocol of that crypto to make it faster, cheaper in fees. These are the main goals of any hard fork of any coin / blockchain out there.
It has to be tested for real though (main chain) to judge if it was good hard fork or not.

You can not make any testing on the real chain because it will lead to a major loss if something wrong happens, that is why developers are using testnet for testing it before launching it to the main chain. A hardfork is a major change in the protocol, the effect of this hardfork can be varied. Technically it enhances the structure of the network.
The price is determined by a lot of factors, hardfork can be one of them. It depends on the project itself and the situation.

ansi

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Not necessarily, but the main goal of it is " updating " the blockchain / protocol of that crypto to make it faster, cheaper in fees. These are the main goals of any hard fork of any coin / blockchain out there.
It has to be tested for real though (main chain) to judge if it was good hard fork or not.

Febo

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Quote from: Tduty on February 10, 2020, 10:48:26 PM

I have not enough technical idea about the hard fork.

What is the reason that you dont have enough technical idea what hard fork it? There is a lot of written about it even on this forum. And a lot of videos is made about it. Just learn to know. And then you can explain to people on this forum. Those that dont know. What is hard fork, what is soft fork. What is a blockchain fork, what is a protocol fork.

LbtalkL

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Hardfork really helps the project you can also call it like an "update or upgrade" Just like an APP in your phone if you have a version 1.0 now and in the next year they release the 1.1 version with some enhancements, more features. It is just like the hardfork they are doing it to make some improvement and fixing some errors, etc. But I don't think it helps increase the price but maybe yes or no? sometimes the price really unpredictable. I am quite surprise this coin is still alive after many accusations encounters, delisted by Binance and many more.

livingfree

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Quote from: Tduty on February 10, 2020, 10:48:26 PM

Is hard fork is the reason for the BSV price increase?

I think not.

The possible reason might be due to the court hearing that he's about to face few days from now. And when we do have an event like that usually the market reacts positively and it rides the event which makes the price higher whichever the coin is involved on that scene.

shinratensei_

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Quote from: Tduty on February 10, 2020, 10:48:26 PM

I have not enough technical idea about the hard fork, but recently I have been seeing many coins are making hard fork! So, does a hard fork help towards the project? BSV, AION and some other coins had hardfork this week in Kucoin exchange. Is hard fork is the reason for the BSV price increase?

A project wanna do a hardfork caused by this project is wanna improving the protocol or implement the proposal that has already made and agreed by all of the parties. Hardfork of BSV is not the main factor that makes BSV get a pump but BSV much more related to the washtrading that already done by some crap exchange sites. The price of BSV has nothing to do with the hardfork that will be doing by BSV soon.
The main purpose of hardfork to give some upgraders to the network/protocol.

We should back to the main definition of the hardfork. A hardfork does help toward the project to implement the upgrade that has already made on the improvement proposal that has already agreed by all of the parties that will be involved.

Tduty

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I have not enough technical idea about the hard fork, but recently I have been seeing many coins are making hard fork! So, does a hard fork help towards the project? BSV, AION and some other coins had hardfork this week in Kucoin exchange. Is hard fork is the reason for the BSV price increase?

Topic: Does Hardfork help? (Read 133 times)