seach-icon
  • user-img

    Vikshita Vitthal Gujaran in OBOSWAP

    22-Dec-2022 04:58 AM


    thumbnail

    What are Blockchain Forks?

    The blockchain network is entirely open-source software with easily accessible code.
    Blockchain forks have occurred with many open-source projects long before the inception of the two glorified crypto assets, Bitcoin and Ethereum.
    Blockchain forks can be classified into two — hard forks and soft forks.
    This is because both nodes had an equal blockchain presence before the fork took place.
    In other words, a soft fork is an upgrade of the previous network, which arises from the addition of new rules that do not conflict with older rules.
    Here, one is limited to the changes that can be made, ensuring it doesn't conflict with the old rules.

    Source - https://www.bsc.news/post/cryptonomics-blockchain-forks-explained

    $Qtoken #Qoneqt #Oboswap #QTO #blockchainForks #SoftFork #HardFork #DAO #Decentralization #Governance #Blockchain #dApps #DeFi #NFTs #Ethereum #Binance #Polygon #Cryptocurrency #CryptocurrencyNews