Meaning of hard fork | Babel Free

Definitions

A rule change of a blockchain such that the software validating according to the old rules will see the blocks produced according to the new rules as invalid; the new blockchain resulting from such a split.

Examples

“Bitcoin Cash is a hard fork of Bitcoin.”

“Some are pushing for a “hard fork” of Ethereum, which would undo the damage by effectively asking 51% of the currency’s users to agree to pretend that it had never happened in the first place.”

“As it pertains to blockchain technology, a hard fork is an upgrade to mining software that makes a change to the network that requires the participation of all miners.”

CEFR level