jacob on Nostr: In none of the cases described does a hard fork occur. It is a soft fork despite the ...
In none of the cases described does a hard fork occur. It is a soft fork despite the forking of the chain. Both chains are valid Bitcoin blockchains but the majority of nodes are following the one that contains more work.
I suppose you then end up with some form of an alt coin, which could become Bitcoin in the future if the chain contained more work.
Published at
2023-02-24 20:06:29Event JSON
{
"id": "c2af03c460b9b8c41f5b28ed2d93b8ef409a657788dbc1e00365ef51b14d58ef",
"pubkey": "beb01af6b595924719523778a214f5c1c1bf9fd68df8bcc83003a73c48fea863",
"created_at": 1677269189,
"kind": 1,
"tags": [
[
"e",
"eda330cd781e1968abfc0eabc74065e317ac4371e7889669d4deaf1ae0e9fea3"
],
[
"e",
"6f4c3f1676f002ed46d5f1250859065d4a5016c7e278fd4f663454c0fd0e00e4"
],
[
"e",
"43693ee431057eeb6ad12fe9fac07104443f89125ef885c2cf66d6b86aa339c1"
],
[
"e",
"d67ffeab3d44524d6457215d298bdc77e1d381e14b2d520ee84da4ce5f419532"
],
[
"p",
"50d94fc2d8580c682b071a542f8b1e31a200b0508bab95a33bef0855df281d63"
],
[
"p",
"edbd6bbb34314dc7b813a3f42c3da7f6bde12c7992006f9391a60ea535f7aa39"
],
[
"p",
"beb01af6b595924719523778a214f5c1c1bf9fd68df8bcc83003a73c48fea863"
]
],
"content": "In none of the cases described does a hard fork occur. It is a soft fork despite the forking of the chain. Both chains are valid Bitcoin blockchains but the majority of nodes are following the one that contains more work.\nI suppose you then end up with some form of an alt coin, which could become Bitcoin in the future if the chain contained more work.",
"sig": "bbb68c2ed14f7dc6ce11aaaa5dbb7c5e7b6a4af899f7c3579109cc48523ff8299d2bb8199f731bbf81ce220eecc6c033ea1357501ea2cace65931520abde1d5d"
}
