Linked Questions

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0answers
61 views

What is the difference between a hard fork and a soft fork? [duplicate]

A fork is a splitting of the blockchain. But what is the difference between a hard fork and a soft fork?
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0answers
17 views

What exactly is forking in cryptocurrency? [duplicate]

My understanding was that forking is essentially update made to the blockchain software associated with the cryptocurrency, until I came across this: A “fork” is the term used to describe a single ...
47
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2answers
10k views

What is the longest blockchain fork that has been orphaned to date?

The orphaned blocks view from BlockChain.info shows a recent fork of the blockchain (starting with block 173,928) that went four blocks long before being orphaned. Other than the controlled rewind ...
25
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1answer
14k views

What is a hard fork?

When people talk about possible changes to how Bitcoin works they sometimes say a particular change would require a hard fork. What does that mean? Can a hard fork cause problems?
16
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5answers
10k views

Has a hard fork ever occurred?

BIP 50 describes the 2013 event in which a block chain fork persisted for several hours. Its first paragraph reads: A block that had a larger number of total transaction inputs than previously seen ...
8
votes
3answers
2k views

Can old coins be banned by a soft fork?

Satoshi Nakamoto is supposed to own 1.000.000 bitcoins on a thousands of wallets, and most of them are untouched since early blocks. This stake can potentially flood the market, so miners could ...
8
votes
2answers
1k views

Is there a difference between bytes and virtual bytes (vbytes)?

In an Optech newsletter, size is referred to using vbytes. Is there a difference between vbytes and bytes? If so, what is the difference?
5
votes
6answers
1k views

can blocks remain capped to 1MB forever?

this is perhaps more of an economics question than a bitcoin question, but i'm wondering if it would be viable to leave the block size capped at 1MB for all time and simply let a series of rules ...
2
votes
2answers
6k views

Halving reward, price effects? [duplicate]

What is the case after halving reward takes place: Would bitcoin price gets double, since its harder to mine? Would Blockchain introduces more blocks (e.g: 1/5mins)?
3
votes
1answer
1k views

What is “Emergent Consensus” as a Mining Pool Support proposal?

I would regularly check coin.dance/blocks for updates on Segregated Witness and Bitcoin Unlimited popularity among miners. Another proposal called "Emergent Consensus" has appeared. Could someone ...
4
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2answers
542 views

What happen if some blocks are added simultaneously with same previous hash

In all of the blockchain samples that I see e.g. adilmoujahid, Savjee as I checked, they added previous Hash by creating a block. Suppose that, L is the current last block in a chain. Block A and ...
3
votes
2answers
656 views

Why is it dangerous to hard fork the Bitcoin network?

In the blocksize debate it is often stated that hard forks are dangerous. This is sometimes supported by the claim that "people may lose money and must be protected". And that it's impossible to ...
6
votes
4answers
272 views

Can new types of transactions be included the current block chain?

I was putting an answer for this question together when I realised my idea would require a new type of transaction to be invented and included in blocks. Then I wondered how that could work. There ...
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3answers
359 views

How exactly bitcoin consensus rules are forced?

There are some rules, called consensus rules. For example, block generation fee amount. And it is said that "change to consensus rules is hard-fork". But how exactly the consensus rules are forced? ...
4
votes
3answers
372 views

What prevents miners from mining more bitcoin after 21million btc?

What prevents miners from mining more bitcoin after 21million btc was mined?

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