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.
Why Bitcoin’s Fixed Supply Schedule Is Hard to Change
bitcoin’s fixed supply is enforced by consensus rules embedded in node software. Changing it would demand near-unanimous agreement, risking chain splits and loss of network trust.
Understanding What Happens in a Bitcoin Hard Fork
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.
