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RE: Bitcoin Is Already Forking (Try Not To Panic)

in #bitcoin7 years ago

Am just wondering how the market values of crypto currencies would be after the forkinf is over ... I´m a newbie in the crypto world ans I must admit there´s a lot to learn, but m patient enough... I´m learning from people like you. Thanks! Resteemed

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Forking of coins will always happen at the moment it is the only way to address issues on the block chain until a better method can be found. It happens all the time and most of the time you don't notice it. The issue with bitcoin though is there is no central person to control it so ideas form other developers or miners get pooled together and when they try to push their idea it splits into a new chain essential creating a new coin. Most recent I can think of that you can see is Ethereum and Ethereum classic where classic is the old chain and Ethereum is the new chain.