Post
Topic
Board Economics
Re: Bitcoin regaining dominance.
by
Sled
on 08/11/2017, 08:23:40 UTC
People are moving their alts to bitcoins because of the fork. I expect them to move back to alts after.

But yeah, Bitcoin never really lost dominance. It just regained some lost ground is all.

what is the fork exactly?
It's when the blockchain (the leder that saves all transactions) splits into two. It basically creates two copies of a coin.
Not all the forks are splitting the coin into two because there are two types of forks which are the hard and the soft fork. Soft fork is a kind of fork which it just add or patch the system to become better while hard fork is a fork that creates a new coin or a copy of that coin and improve the system by putting new type of codes.