2019 Progress Update #2

[MentalNomad]

@thmechindia

hardfork of any coin generates a new coin

Most hardforks do not create a new coin. They only create a new coin if they cause they chain to split.

Does a Hard Fork always result in a new coin?

No, most Hard Forks are just “required” upgrades and having nothing to do with new coins. Despite the impression that many people have from the coin-forking “craze” period of 2017, most Hard Forks do not result in new coins. What’s a Hard Fork, then? Simply put, a Hard Fork is when some important underlying code is changed, and everyone must upgrade in order to avoid being left behind. It’s required because the new version can’t work with the old version - it’s incompatible. In most cases, ev…