Definition of Hard Fork

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.

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Related Terms

Bearish

A term used to indicate negative sentiment towards the market or an asset, where investors believe that there will be downward price movement.

Sell wall

Anomalously large sell order(s) at a single price point that reflects as a "wall" in the order book.

Hybrid PoW/PoS

It is the allowance for both Proof-of-Stake and Proof-of-Work distribution consensus to work on the same network.

Ring Signature

A type of digital signature performed in a group where it becomes impossible to determine which member's key in the group were used for the digital signature.

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