Hard Fork
By CoinGecko | Updated on Aug 12, 2021
Forced bifurcation of a blockchain, which is usually given when a fairly significant change is implemented in the software code of a network. It results in a permanent divergence of a blockchain into two blockhains. The original blockchain does not recognize the new version.
Related Terms
Permissioned Blockchain
It is a private blockchain where the nodes must be previously authorized by a central entity.
Circulating Supply
An approximation of the number of coins or tokens that are currently not locked and available for public transactions.
Fear of Missing Out (FOMO)
Refers to the feeling of apprehension for missing out on a potentially profitable investment opportunity and regretting it later.
Generally an expression describing investors' fear of missing out the good timing of buying cryptocurrencies that could eventually be profitable
Gas
A unit of measurement of the computational effort in conducting transactions or smart contracts on Ethereum blockchain.
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