Well, I was just doing some research about Bitcoin and learned about Bitcoin forks. I know it might not be new to old folks, but I want newbies who are new to Bitcoin and aren't familiar with this to also be aware.
So ,After the invention of Bitcoin, there have been many other coins known as hard forks, all of which originally came from Bitcoin. The first Bitcoin fork was Bitcoin XT, but the most common and successful known hard fork is Bitcoin Cash. Bitcoin and Bitcoin Cash shared the same history and blockchain until the split on August 1st, 2017. The community couldn't agree on a solution for scalability, mainly due to the block size limit capped at 1 MB, which caused slow transaction times and high fees. This led to a split in the community, with some supporting the new chain (BCH) Bitcoin Cash with a new protocol, and others sticking with the original Bitcoin Core (BTC).
Hard Forks and Soft ForksSome people mistake all these forks with the original because they have "Bitcoin" in them, which is wrong. That's why there are two types of forks,
hard and soft . so people can differentiate between hard forks and soft forks. To put it simply, a hard fork requires all network participants to upgrade to the new rule set and reject the old rules, while a soft fork continues to accept transactions created by the old rule set. The main difference between a hard fork and soft fork is the change in protocol is gradual.
_Examples of Hard Forks_There have been several other splits resulting in hard forks, each with their own motive. Some examples include:
- _Bitcoin XT (2015)_: Was the first notable hard fork of Bitcoin. It was launched by Mike Hearn in late 2015, and Bitcoin XT aimed for 24 transactions per second. To accomplish this, it proposed increasing the block size limit from one megabyte to eight megabytes. Bitcoin XT saw some success but was later abandoned in 2018
- _Bitcoin Classic (2016)_: Unlike Bitcoin XT, Bitcoin Classic also had another attempt to increase the block size to only two megabytes.
- _Bitcoin Unlimited (2016)_: Proposed a very flexible block size limit, with nodes and miners limiting the size of blocks they accept, up to 16 megabytes. Despite everything, Bitcoin Unlimited failed to gain much acceptance.
- _Bitcoin Cash (2017)_:Split from the main blockchain, allowing for blocks of 32 MB, which speeds up network transaction processing times .
_Bitcoin Gold (2017)_: Bitcoin Gold is a hard fork that followed Bitcoin Cash in June 2017. It proposed changing mining algorithms to ASIC-resistant. - _Bitcoin Diamond (2017)_: The purpose was to increase the block size limit and change the mining algorithm.
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Bitcoin_Bitcoin Private (2018)_: As the name suggests, it merged with Zclassic to create a private cryptocurrency . Bitcoin_Bitcoin SV (2018))_: Created as a result of a split in the Bitcoin Cash community by a handful of figures surrounding Craig Wright, a person who claimed to be the original creator of Bitcoin. The aim was to restore the original Bitcoin protocol.
It is indeed certain that all these hard forks were either abandoned or forgotten, but Bitcoin Cash remains the most successful hard fork of the primary cryptocurrency. On June 17, 2025, it was the 13th largest digital currency by market cap. During a hard fork, all history is copied to the new blockchain, including transaction data and wallet addresses. This means that everyone who had coins on the original blockchain will automatically own the equivalent of the new cryptocurrency. However, the value of each coin will be determined by supply and demand.
I'm happy to share this topic with everyone, and I hope everyone will learn and do further research to gain a deeper understanding. These hard forks may have the name "Bitcoin" in them, but this doesn't mean that the coins are better or worse than the original Bitcoin.<[/li>
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