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0 sats \ 0 replies \ @Miranda 22h \ on: Paul Sztorc on Activating Drivechains via CUSF (Bitcoin Takeover S15 E68) bitcoin
Bitcoin forks are variably defined as changes to the Bitcoin network protocol or as situations that occur “when two or more blocks have the same block height.” A fork influences the validity of the rules.
Giving the preliminary concept of what it means, it can be said that forks are generally performed to add new features to a blockchain, to reverse the effects of hacking or catastrophic errors. Forks require consensus to resolve or else a permanent split arises.
A hard fork would be the perfect strategy to protect assets within the bitcoin network, it should be valued as it would help more efficiently reverse network damage.