Get the weekly summary of crypto market analysis, news, and forecasts! This Week’s Summary The crypto market ends the week at a total market capitalization of $1,48 trillion. Bitcoin increased by nearly 5% to reach around $40,000. Ethereum is up by almost 4% to cement its price above $2,100. XRP lost almost 1% in value this week. Almost all altcoins are trading in the green, with some exceptions. The DeFi sector increased the total value of protocols (TVL) to around…
Hard Fork
What Is a Blockchain Hard Fork?
A hard fork in the context of cryptocurrency refers to a change in the underlying protocol of a blockchain network that makes previously invalid blocks or transactions valid, or vice-versa. This requires all nodes or users to upgrade to the new version of the protocol software. A hard fork can create a new cryptocurrency if the forked blockchain diverges from the original path. A practical example of a hard fork would be the 2017 Bitcoin network split into Bitcoin (BTC)…
Block Education
@BlockEducation
10 months ago 454 views