Topic: what is a fork? - page 4. (Read 1062 times)
It's important to take into account that you have the possibility to make money from events like this. You can sell the forked currency to increase your main balance or have both currencies.
Fork is a change in implementation of the code for a crypto currency ecosystem. Just like any other application on your phone or a computer cryptocurrencies undergo changes, to flourish, harden the crypto currency.
There are predominantly two different categories of forks. A soft fork and a hard fork.
A soft fork is when the underlying changes done to the crypto ecosystem doesn’t effect the existing crypto ecosystem, meaning it is backward compatible with the older version of the crypto currency. You can go on performing your transactions and you’d hardly notice a difference in the way you deal with the currency.
A hard fork on the other hand comprised of a major change that alters the existing blockchain storing the transaction blocks. This will render the old version of the coin incompatible with the newer version and you would no longer be able to carry out transactions on the older version.
There are predominantly two different categories of forks. A soft fork and a hard fork.
A soft fork is when the underlying changes done to the crypto ecosystem doesn’t effect the existing crypto ecosystem, meaning it is backward compatible with the older version of the crypto currency. You can go on performing your transactions and you’d hardly notice a difference in the way you deal with the currency.
A hard fork on the other hand comprised of a major change that alters the existing blockchain storing the transaction blocks. This will render the old version of the coin incompatible with the newer version and you would no longer be able to carry out transactions on the older version.
A hard fork is generated when the cryptocurrency’s developers decide that changes must be made to the programming of the coin that will create incompatibilities between the older and newer version. When the changes are made, all users of that coin must willing to update all applications to continue to use that coin type correctly.
or read this http://www.tech-recipes.com/rx/48517/cryptocurrency-what-is-a-fork/
or read this http://www.tech-recipes.com/rx/48517/cryptocurrency-what-is-a-fork/
Thanks guys...I didn't know what a fork was but now i have got some basic idea about it! This forum is so useful!
There are differences between soft- and hardfork .
Thanks guys...I didn't know what a fork was but now i have got some basic idea about it! This forum is so useful!
How many meanings can have one word. You can find out more about the fork on youtub. I recommend this portal for beginners, there are many useful information.
Thanks guys...I didn't know what a fork was but now i have got some basic idea about it! This forum is so useful!
To know more about hard fork you should read this https://www.cryptocompare.com/coins/guides/what-is-a-bitcoin-fork/
As related to Bitcoin you can read this to understand better what it's about: https://blog.coinbase.com/what-is-a-bitcoin-fork-cba07fe73ef1
All those articles written on some nerd language which is hard to understand to me as to a girl. But I think I understoo the main idea - sharing. But what this sharing is bringing with itself? Some faster transactions, am I right? 
A fork is when you take the source code of a project and then create a new one from it independently. To make it short, It's when you clone a project to make another one with some changes.
The term applies to cryptocurrency but it can be about a browser, an operating system etc.
For example, Qupzilla is a fork of Mozilla, Mozilla is a fork of Seamonkey. Kubuntu is a fork of Ubuntu, and so on. It's just a term in software engineering
As related to Bitcoin you can read this to understand better what it's about: https://blog.coinbase.com/what-is-a-bitcoin-fork-cba07fe73ef1
Would there be any copy right issues?The term applies to cryptocurrency but it can be about a browser, an operating system etc.
For example, Qupzilla is a fork of Mozilla, Mozilla is a fork of Seamonkey. Kubuntu is a fork of Ubuntu, and so on. It's just a term in software engineering
As related to Bitcoin you can read this to understand better what it's about: https://blog.coinbase.com/what-is-a-bitcoin-fork-cba07fe73ef1
I don't even think that those laws are applicable here,but still I'm curious
Even i also dont know what the fork... but now i have got some basic idea about it. thanks
Isn't forking just basically "copying" code from GitHub in your own repository and start working on that code in your repository
It's exactly the same thing as in software development, since basically it's also a fork on the code.
You can find some pretty good explanations on Wikipedia https://en.wikipedia.org/wiki/Fork_(software_development)
Fork can be because you need two different versions for two specific use cases, or juste because there is a difference on the vision of the product.
You can find some pretty good explanations on Wikipedia https://en.wikipedia.org/wiki/Fork_(software_development)
Fork can be because you need two different versions for two specific use cases, or juste because there is a difference on the vision of the product.
A fork is when you take the source code of a project and then create a new one from it independently. To make it short, It's when you clone a project to make another one with some changes.
The term applies to cryptocurrency but it can be about a browser, an operating system etc.
For example, Qupzilla is a fork of Mozilla, Mozilla is a fork of Seamonkey. Kubuntu is a fork of Ubuntu, and so on. It's just a term in software engineering
As related to Bitcoin you can read this to understand better what it's about: https://blog.coinbase.com/what-is-a-bitcoin-fork-cba07fe73ef1
The term applies to cryptocurrency but it can be about a browser, an operating system etc.
For example, Qupzilla is a fork of Mozilla, Mozilla is a fork of Seamonkey. Kubuntu is a fork of Ubuntu, and so on. It's just a term in software engineering
As related to Bitcoin you can read this to understand better what it's about: https://blog.coinbase.com/what-is-a-bitcoin-fork-cba07fe73ef1
I have recently seen many people discussing about bitcoin fork,and I literally have no idea on what it is.
No trolls please.
No trolls please.
I also do not really understand what a bitcoin fork is, I've read from a blog, I remember a bit that bitcoin fork is a modified protocol or a blockchain protocol that is split into two or several parts. that's all I remember.
To know more about hard fork you should read this https://www.cryptocompare.com/coins/guides/what-is-a-bitcoin-fork/
I also do not really understand what a bitcoin fork is, I've read from a blog, I remember a bit that bitcoin fork is a modified protocol or a blockchain protocol that is split into two or several parts. that's all I remember.
I have recently seen many people discussing about bitcoin fork,and I literally have no idea on what it is.
No trolls please.
No trolls please.
In short, there's a split in the direction a coin is taking, so a duplicate is made of the blockchain and a new coin is created, the two can then go their individual ways.
I have recently seen many people discussing about bitcoin fork,and I literally have no idea on what it is.
No trolls please.
No trolls please.
Jump to: