Learn Forking in the Word Chain
This article is a rewrite in English of one written in October 2017.What is a hard fork? What is the difference between a soft fork and a soft fork?Forking is all the rage these days. The word "fork" means "permanent split" in the crypto world. We thought Bitcoin activated SegWit with a soft fork, Bitcoin Cash hard forked to create BCH, and a Bitcoin Gold hard fork is coming this month. It's not just Bitcoin that is forking; all coins are forking; Ethereum also had a hard fork this month...
Learn Forking in the Word Chain
This article is a rewrite in English of one written in October 2017.What is a hard fork? What is the difference between a soft fork and a soft fork?Forking is all the rage these days. The word "fork" means "permanent split" in the crypto world. We thought Bitcoin activated SegWit with a soft fork, Bitcoin Cash hard forked to create BCH, and a Bitcoin Gold hard fork is coming this month. It's not just Bitcoin that is forking; all coins are forking; Ethereum also had a hard fork this month...
Difference between PoW and PoS - Block producers
This article is a rewrite in English of one written in November 2017.Miners are outside, validators are insideConsider the relationship between the protocol and the block producer. A protocol is like a set of rules, and both Bitcoin and Ethereum have their own set of rules, and all miners and nodes participating in the network are subject to these rules. For example, the protocol determines what algorithm to use, how many tokens to issue, how large block size is allowed, etc. When these rules...
Difference between PoW and PoS - Block producers
This article is a rewrite in English of one written in November 2017.Miners are outside, validators are insideConsider the relationship between the protocol and the block producer. A protocol is like a set of rules, and both Bitcoin and Ethereum have their own set of rules, and all miners and nodes participating in the network are subject to these rules. For example, the protocol determines what algorithm to use, how many tokens to issue, how large block size is allowed, etc. When these rules...
