Understanding Bitcoin Hard Forks and Chain Splits
bitcoin hard forks and chain splits occur when network participants disagree on protocol rules. Understanding their causes, risks, and outcomes is key to informed participation.
Capitalizations Index – B ∞/21M
bitcoin hard forks and chain splits occur when network participants disagree on protocol rules. Understanding their causes, risks, and outcomes is key to informed participation.
A bitcoin hard fork occurs when the network’s rules change in a way that is not backward-compatible, splitting the blockchain into two separate chains and creating distinct assets.
bitcoin node operators validate transactions and blocks, enforcing consensus rules, and relay verified data across the peer-to-peer network to maintain decentralization, security, and up-to-date ledger state.