What does fork coin candy mean (fork coin)
What does fork coin candy mean? Fork coin candy refers to upgrading the original
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What does fork coin candy mean? Fork coin candy refers to upgrading the original blockchain technology to a new cryptocurrency through “merging”. This change can be summarized into two categories:
1. Due to the lack of any new features, algorithms, or protocol improvements in the blockchain itself, it cannot achieve scalability innovation.
2. Smart contracts implemented on the blockchain will not be cancelled due to code changes.
3. In order to avoid redundant calculations and reallocate token rewards, the original Bitcoin (BTC) was forked, resulting in a new economic incentive model.
4. The functionality implemented on the blockchain is similar to the use of digital assets as collateral in stock trading systems, but branches cannot be exchanged between different organizations.
fork coin
According to IMEOS reports, the EOS and BCH communities of fork coins are actively discussing how to conduct new upgrades. They plan to hard fork (coinsharding) the old tokens before August 15, 2018. The forked coins are: BSV, NEO, ETC. According to the official announcement, these two projects are expected to be integrated and officially launched in mid-September or early October this year. The forked coins will be listed on digital currency exchanges on the original blockchain first, then raise funds through ICO to develop new applications, and finally generate new changes in decentralized applications such as DEFI, NFT, etc. after the mainnet is launched.
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