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RE: When Ethereum hard forks later this month, what will happen?
It will not be a fork like ETH and ETC, it seems there will not be new coins generated but just a change in the chain and that's it. We will see changing in mining returns but that's it.... But as usual, I wouldn't be surprised if they decide to change everything at last minute.
So, what you're saying is hard forks can happen without a coin split? I was under the impression that a hard fork resulted in a new coin. Why will there be no new coin this time?
Because it depends of the protocol the miners use to validate the transactions... Basically all miners already agrees to switch to the new protocol, meaning the old one will just not have any value anymore. From a technical point of view what you say it's 100% correct, when you change the protocol you generate a new coin, but with a PoW coin everything goes down to the miners.