What is a hard fork?
What is a hard fork?
A hard fork is a system improvement. Software updates and various system settings in the blockchain allow users to use the same protocol version. Reduce vulnerabilities and fix errors that occur to provide more efficient work
Hard forks are created by developers modifying the source code of an older system to ensure compatibility. A new operating system is born
What is the reason for the hard fork?
- Add new features
- Review previous transactions
- Fixed security bugs found in older versions
Advantages of Hard Fork
- Generate new coins. This is considered a digital asset that can bring rewards to users.
- Connection issues in the system can be fixed and transactions take less time to complete.
Disadvantages of hard fork
- Cryptocurrency price fluctuations that may affect the original market capitalization.
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