teachin_bitcoin on Nostr: https://www.teach-me-bitcoin-son.com/media//generated/what-fork.png Dad: Son, what is ...
Dad: Son, what is a hard fork, and why does it happen?
Son: Hi Dad,
When Bitcoin splits into two chains, we're talking about a fork. This happens based on protocol changes due to different views.
A new version of Bitcoin is created, and you have coins on both chains if you hold your own private keys.
Dad: With time, one will learn what truly matters.
Son: Yes, Bitcoin, the longest chain with the most blocks and computational power behind it.
#Bitcoin
Published at
2024-09-04 04:45:20Event JSON
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"created_at": 1725425120,
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"tags": [],
"content": "https://www.teach-me-bitcoin-son.com/media//generated/what-fork.png\n\nDad: Son, what is a hard fork, and why does it happen?\nSon: Hi Dad,\nWhen Bitcoin splits into two chains, we're talking about a fork. This happens based on protocol changes due to different views.\nA new version of Bitcoin is created, and you have coins on both chains if you hold your own private keys.\nDad: With time, one will learn what truly matters.\nSon: Yes, Bitcoin, the longest chain with the most blocks and computational power behind it.\n\n\n#Bitcoin",
"sig": "da2c80b7ee3a6912e37055b1d11436b1166a3bdab10b18006db78d9383efe154649161e57d4bba5397cf34ecaaf058cef4e456b2c8300818031a0a89e14ccd88"
}