Bitcoin Gold Initiates Hard Fork Split to Create New Cryptocurrency

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Bitcoin forks are defined variantly as changes in the protocol [1] or as the situations that occur bitcoinnetbitcoingoldhardfork block 491407 two or more blocks have the same block height". Forks are typically conducted in order to add new features to a blockchain, to reverse the effects of hacking or catastrophic bugs.

Forks require consensus bitcoinnetbitcoingoldhardfork block 491407 be resolved or else a permanent split emerges. The following are forks of the software client for the bitcoin network:. All three software clients attempt to increase transaction capacity of the network. The majority hash power did not begin to use these clients. Therefore there was no consensus to change the rules. Hard forks splitting bitcoin are created via changes of the blockchain rules, sharing a transaction history with bitcoin up to a certain time and date.

The first bitcoinnetbitcoingoldhardfork block 491407 fork splitting bitcoin happened on 1 Augustresulting in the creation of Bitcoin Cash. From Wikipedia, the free encyclopedia. Retrieved 22 March Programming the Open Blockchain 2 ed. O' Reilly media, inc. Retrieved 23 April The Decentralized Alternative to Central Banking.

Retrieved 17 January A Basic Beginners Guide - Blockgeeks". Retrieved from " https: Bitcoin clients Computing-related lists Clients computing Cryptocurrencies. Pages using citations with accessdate and no URL. Views Read Edit View history. This page was bitcoinnetbitcoingoldhardfork block 491407 edited on 7 Mayat By using this site, you agree to the Terms of Use and Privacy Policy.

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