As controversy and infighting continue around Bitcoin’s looming hardfork, some clarity about what exactly a hardfork is should go some way towards calming investor fears. To explain a hardfork, let me use an analogy: imagine a group of miners (nodes/ computers) are digging a tunnel (blockchain).
A Bitcoin hardfork — the basics explained
As controversy and infighting continue around Bitcoin’s looming hardfork, some clarity about what exactly a hardfork is should go some way towards calming investor fears. To explain a hardfork, let me use an analogy: imagine a group of miners (nodes/ c…