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RE: Bitcoin Is Already Forking (Try Not To Panic)

in #bitcoin7 years ago

Forking of coins will always happen at the moment it is the only way to address issues on the block chain until a better method can be found. It happens all the time and most of the time you don't notice it. The issue with bitcoin though is there is no central person to control it so ideas form other developers or miners get pooled together and when they try to push their idea it splits into a new chain essential creating a new coin. Most recent I can think of that you can see is Ethereum and Ethereum classic where classic is the old chain and Ethereum is the new chain.