What is a Bitcoin hard fork? Simply Explained!

Показать описание

Recently we’ve heard about a Bitcoin hard fork. But what is a hard ford? What’s the impact on a cryptocurrency and why are they created? In this video I'll explain all of that in a simple way.

💰 Get $10 of free Bitcoin:
Use my Coinbase affiliate link, and we'll both get $10 of free Bitcoin when you deposit $100:

--------------

🐦 Follow me on Twitter:

✏️ Check out my blog:

👍🏻 Like my Facebook page:

--------------

📚 Sources can be found on my website:

Рекомендации по теме

Комментарии

I read multiple articles on Forks but still did not understand them. But after this video it is all clear. Thank you so much!

Ezio

These crypto videos are extremely helpful. Something I'd love to understand is why is Ethereum valuable. And what is the difference between a coin and token? Effectively, could you walk us through the layers starting with blockchain, then [BTC], then tokens, etc? Thank you so much these are great videos!

chrisreilly

Thank you for making this video! It was excellent and answered some very important questions. Can't wait to watch your other videos!

Vogeln

really well explained. Thank you. 99% of crypto videos are trash.

silverphoenix_game

first ever cryptochannel which has nicely explained the fact, I subscribed

KiranSharma

Thanks a lot for the videos! These are really helpful. On this one in particular, it would be great if you could discuss how the blockchain world is reacting to the hard forking incidents - it almost feels to me like someone is creating new currencies so that they can double what they already have. This makes me wonder what is stopping anyone from continuously forking?

chloewang

Hello Savjee, Your videos are awesome.There is very few youtube channel where the conceptual topic is explained like you explained.I love your presentation and the knowledge you share is awesome.I just want to know which video editing software you used in order to create videos ?I have subscribed your channel, it is a very useful channel for the developer.
Thank you.

shamshtabrez

Thanks a lot for these great great videos!!! Muchas gracias. Estupendos videos clarificadores.

sdfsfsfd

Awesome video as usual, Savjee. I am however lost with the concept of either type of fork; I thought the blockchain automatically chooses the longest chain to continue to add new blocks to? Thus, preventing double spending. How can one choose which arm to contribute a new block to?

joshpars

If bitcoin is decentralized, then who are the developers changing the code to update it?

KopMATT

Thanks for the info bro! So, could you give an example of a Soft Fork? (A change that is slight and therefore still compatible)

Creativeloot

Your videos was VERY helpful! Could you make a video about new icos as well please? Especially about SciDex.

ttf

Really nice videos ! Wish you the best !

tek

Hey man great video! Just wondering if this was done in Keynote?

jucks

I wish you explained more about soft forks: ok they're compatible, but then what, they just co-exist with original protocol? This has an impact on users for sure, don't they have to know which version of the protocol they are dealing with?...

grugruu