What is Ethereum? Ethereum is a decentralized platform that runs smart contracts: applications that run exactly as programmed without any possibility of fraud or third party interference. What is a hard fork? A hard fork is a change to the underlying Ethereum protocol that makes previously invalid blocks/transactions valid, and therefore requires all nodes or […]
What Does Ethereum Hard Fork Mean
What is Ethereum? Ethereum is a decentralized platform that runs smart contracts: applications that run exactly as programmed without any possibility of fraud or third party interference. What is a hard fork? A hard fork is a permanent divergence in the blockchain, caused by a change in the protocol that makes previously invalid blocks/transactions valid […]
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What Does Hard Fork Mean For Ethereum
What is a hard fork? A hard fork is a software upgrade that introduces a new rule to the network that is not compatible with the older software. This can be done intentionally, as with a planned hard fork, or unintentionally, as a result of a bug or security vulnerability. What does a hard fork […]
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What Happened After Ethereum Hard Fork
The Ethereum hard fork happened on July 20, 2016, resulting in two separate blockchains: Ethereum (ETH) and Ethereum Classic (ETC). Ethereum is the new, updated blockchain, while Ethereum Classic is the original blockchain from before the hard fork. The hard fork was necessary because a hacker managed to steal millions of dollars worth of ether […]
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What Is Ethereum London Hard Fork
The Ethereum network is set to undergo a hard fork on Tuesday, October 16. What Is Ethereum London Hard Fork? The Ethereum London hard fork is a proposed change to the Ethereum network that would increase the block size from 1 to 2 megabytes. This would allow for more transactions to be processed on the […]
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