Post
Topic
Board Development & Technical Discussion
Re: Core or Classic?
by
anon_giraffe
on 15/03/2016, 04:06:33 UTC

Classic vs Core.

at some point, they may become different forks.
A fork indicates where the database or record of all transactions no longer agree.

So, any transactions before that fork are still agreed by both forks.

... I have started reading about coins being destroyed, and miners choosing the wrong fork? and losing all their money....So....

Does the wallet I choose represent a choice I have made? If I do nothing but wait and see, will that affect my bitcoin?
...

If you have some BitCoin in an address, and there becomes a fork after, your transaction is still valid on both forks.

But, the two forks are no longer compatible. So if you spend coins on one fork, they still exist on the other fork. lol
But only one chain of that fork will become official. 

Core vs Classic represents a dilemma, when they fork, which one will be the official fork?? That is why value down etc. People are scared.

But your coins will still be in your address.