hard fork


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hard fork

A change in software whereby both the old and new versions continue to exist, but they are not compatible with each other. In contrast, a "soft fork" implies a split but with some degree of compatibility. See fork.
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References in periodicals archive ?
CME and CFE describe their hard fork policy in their self-certifications.
It seems reasonable to assume that coin traders should not have to report taxable income on a hard fork until the new coin is time-stamped as a ledger entry in the blockchain.
A point is reached when a blockchain network becomes too large, unwieldy and slow to be competitive, at which point a hard fork is needed that spawns a new and independent system with a differentiated software.
The new digital coins produced by a hard fork are property that the taxpayer has neither solicited nor paid for.
Launched: 2014 Market value: $5.6 billion The strengths: Stellar, whose ledger is a hard fork of Ripple's, likewise aims for its lumens to be a bridge currency for cross-border payments - only it's run by a nonprofit, instead of a for-profit company.
Hard forks are when developers make changes to the cryptocurrency's programming code, which would create certain incompatibilities in verifying transactions and record-keeping.
"Due to the upcoming Bitcoin - Segwit2x hard fork, we've received too many requests from investors to extend DMarket Token presale.
In July and August, we had multiple news about an emerging civil war in Bitcoin that was connected to a technical issue called the hard fork. Probably because of that, BTC had returns of +30% to -30% on a weekly basis between May 24 and June 14.
On August 1st, a 'user activated hard fork' will take place.
Bitcoin cash, whose hard fork contributed to the price crash, also lost more than 75 percent of its value in November.
Bitcoin Cash (BCH) meanwhile, is a blockchain derived from the Bitcoin blockchain which followed the split of Bitcoin (hard fork) in August 2017.
"Asus and Quantum Cloud do not 'guarantee that users of its software will make any earnings or profit' [warning that users are responsible for] considering their own usage costs," read a press released that was shared with Hard Fork.