Blockchain: Assume you own one coin of the cryptocurrency “Fork-a-lot”. At one point, there is a protocol update and some miners refuse to go along with the protocol update. As a consequence of the hard fork, these miners keep mining the old protocol which they call “Fork-a-lot Classic”. The majority of miners, however, upgrades and continues mining “Fork-a-lot”.
Which coin will you own after the hard fork?

Question

Assume you own one coin of the cryptocurrency “Fork-a-lot”. At one point, there is a protocol update and some miners refuse to go along with the protocol update. As a consequence of the hard fork, these miners keep mining the old protocol which they call “Fork-a-lot Classic”. The majority of miners, however, upgrades and continues mining “Fork-a-lot”.
Which coin will you own after the hard fork?

timothy Ntambala · Accepted Answer

After the hard fork you will own both coins since a split in chains has been realized. Comparable to the DAO-hack, where Vitalik Buterin proposed a hard for, a new chain was created called Ethereum. In this new chain the code is modified. However, the old chain, Fork-a-lot classic, will continue.

Blockchain

After the hard fork you will own both coins since a split in chains has been realized. Comparable to the DAO-hack, where Vitalik Buterin proposed a hard for, a new chain was created called Ethereum. In this new chain the code is modified. However, the old chain, Fork-a-lot classic, will continue.

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