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RE: ADSactly Crypto: What Are Bitcoin Forks?

in #bitcoin5 years ago

I don't know how positive these bifurcations are, @chekohler. Especially since bifurcations are used both to create new projects from a previous one and to update a project. Doesn't this take power away from the original project? These bifurcations are created to protect from attacks or by some original problem in the crypto currency. That's a lot of information! LOL. I must channel this information well in order to understand it. Thank you, my friend

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Yes it does dilute the project since support and funding can be split but since we're still such a small asset class and technology I feel the opportunity cost that can be gained from having multiple projects exploring different versions is worth much more to the sector than just having one coin everyone uses. It's still very much a learning for all involved, no one knows the best way forward, we're all making it up as we go along, and I'm happy to be along for the ride

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