In the vast glossary of the blockchain industry, there’s one word widely used and yet unknown to the average enthusiast — “hard fork”
Fret-not!
What sounds like a very technical term, is actully a pretty simple concept pertaining to a coin’s underlying blockchain.
A Hard Fork is more of a developmental action. To fully understand the concept — and appreciate the act of a “hard fork”, imagine a developer team working remotely, on a particular coin, say XCoin. The team promises military grade security, instantaneous transactions, and multiple exchange support.
Read More Here: https://hackernoon.com/why-are-hard-forks-required-cdffbb6bd6b9
