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21.11 - 12:49
5 Bitcoin Forks: How They Performed Against BTC?
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cryptonews.comHard forks are a unique way to resolve disagreements on proposed protocol upgrades in cryptoasset networks. In the case where a faction within a cryptocurrency’s community disagrees with the majority of network participants, they can fork the code and operate their “own” chain.
This is what happened with Bitcoin (BTC) and its countless forks, many of which seemingly only exist(ed) to piggyback off Bitcoin’s brand to enrich its creators.
Let’s dive into the most notable Bitcoin forks and see how they have performed against the original cryptocurrency.
Bitcoin Cash (BCH) was launched in August 2017 by a faction within the Bitcoin community that disagreed with Bitcoin’s scaling roadmap and the SegWit upgrade.
The new chain, called Bitcoin
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