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What is a bitcoin hard fork ? 🧐

The simplest answer is that hard forks are a change in programming that results in a blockchain split. A blockchain hard fork is best visualized as a fork in the road and two roads ( blockchains ) that run parallel to each other.

You may be surprised to learn that there are over 70 bitcoin forks resulting in another blockchain, although many of them are now defunct. 

Bitcoin Cash ( BCH ) is the most popular hard fork. BCH increased the block size limit, starting at 8 MB, with the potential for further increases. This allowed for more transactions per block, aiming to provide faster confirmation times and lower fees, making it a better option for everyday transactions.

Another hard fork was Bitcoin Satoshi Vision ( BSV ) which has a block size of 4GB to accommodate more transactions. 

Other hard forks of mention : Bitcoin Unlimited, Bitcoin XT, Bitcoin Gold, Bitcoin Diamond, Bitcoin Classic.

Hodler exploring web3. Solana airdrop farmer, bitcoin solo miner, Helium network miner, and Medium blogger. 🎭🎭🎭

thank you for this valuable information 🎭

web3 enthusiast. FID 482405

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