Topic: what is a fork? - page 2. (Read 1062 times)

I have a question, If I pulled my bitcoins off of Coin Base before august 1st, into a hard wallet , how do I claim bitcoin cash or am i out because i listen to the panic? thanks for any reply's !

so how can you claim a fork if you have bitcoin in a wallet like coinbase lets say ?

Yes me too

Come on, I am banging my head around and this the very short answer but informative, thank you! You save my a lot of time learning what is fork all about.

bitcoin is a good currency I think its not the who e will be able to catch up in the future I hope this will be the only currency around the world

 A hard fork is when a single cryptocurrency splits in two. It occurs when a cryptocurrency’s existing code is changed, resulting in both an old and new version. Meanwhile a soft fork is essentially the same thing, but the idea is that only one blockchain (and thus one coin) will remain valid as users adopt the update. So both fork types create a split, but a hard fork is meant to create two blockchain/coins and a soft fork is meant to result in one. Segwit was a soft fork, Bitcoin Cash, Bitcoin Gold, and Segwit2x are all hard forks.

I got it.

One question: do the forked coin share the same blockchain or have an individual network?

are forks backed up by someone ? why are they expensive?

I often hear the word "fork" in this bitcoin forum but to be honest I do not understand what the fork means and what impact or benefit the forks are on this bitcoin.

is there anyone can explain it about what is a fork?

Hello. I'm so happy reading this thread because this is one of the things I want to understand.
Just for clarification, do you mean fork is a duplicate coin or token from the original?
I am right?

basic - click on link and read about what the fork is?

http://www.tech-recipes.com/rx/48517/cryptocurrency-what-is-a-fork/

The Fork word means split, there a split of particular coin such bitcoin to bitcoincash, ethereum to ethereum classic. those are the example from fork was happened on bitcoin and ethereum. Bitcoin source code modifications commonly known as fork. Such algorithms help to increase the space on the network block artificially and optimize its operation. In this case, the program is considered a fork only if the code changes in the blockchain system do not affect its authenticity.

Fork is basically a copy of a software code in github. After forking a software you can edit parameters or add more code to create a software of your own.

from all those links that the others gave it here, the only think I get for a simple words is, fork is just like "cent" of "dollar". cent in US is same money with US Dollar. So, Bitcoin as the Dollar and fork is just like "cent".
Or in other words, we buy a shopping voucher with USD, and then, when we buy something with that voucher it will give the same value than if we buy that thing with USD directly.
Fork is created for an improvement or make better strategy to deliver the coin just like that shopping voucher.

I still confused about that fork. I'm newbie but for learning things in this coin world, it really hard to understand it in short time. And also i hope there are sticky thread that discuss about ico,altcoin,fork,etc. the definition is really important, but I can't found that things in the sticky thread. So I try to open thread one by one that related to what I try to find out. It really hard. If I made a post, I don't want it because there will be other people said that i'm bounty hunter. Yes, I already read some thread about bounty hunter. those bounty hunter thread made me a little bit hate to start a thread just for asking. there will be some one will saying bounty hunter and that makes me harder to ask something here.

by the way, I have 1 deleted post by moderator that said my post was off-topic. I really hate that. No way I write a real off-topic. And as a no one, i can't reply the message that told me posted off-topic. How could I learn if my post a real off-topic or not? what's his/her reason said that post as off-topic or not.
ok,forget about that deleted post that I really wanna asked that time. So get back to the topic, Fork still hard to understand for newbie like me. Can anyone here give me some link to really learn about this coin world? every glossary, every words that related to this coin things. I would like to learn that can explain people like me with a simple words so I can understand it technically faster.

No. I'm sorry. But that's not a fork. A fork happens when the community disagrees on what to do next. Do we increase the block size and increase the speed of transactions? But what about those with poor internet connection, etc...

There are times when competing interests cannot be reconciled.

when btc or some other coins want to double their coin or make 2 rivals of each other fork occurs.

Now I get it. I couldn't understand it even in seaching in google or utube for the simplest terms. Thank u

It looks to me like forking is quite the hassle in most cases. How does people agree which chain is going to be the legitimate one?

A fork is decision about how to move forward with a software project. The fork can make some things that used to be permissionable invalid and things that were invalid are now considered valid. This decision can be a good idea or a bad idea - but that's different. In general forks arrive when two sets of people disagree on the correct action. The solution is to take both actions.

It gets more involved than this - but this is a common issue in the software development world.

A hard fork is when a single cryptocurrency splits in two. It occurs when a cryptocurrency’s existing code is changed, resulting in both an old and new version. Meanwhile a soft fork is essentially the same thing, but the idea is that only one blockchain (and thus one coin) will remain valid as users adopt the update. So both fork types create a split, but a hard fork is meant to create two blockchain/coins and a soft fork is meant to result in one. Segwit was a soft fork, Bitcoin Cash, Bitcoin Gold, and Segwit2x are all hard forks.