When it comes to the impact of the fork development of the digital asset system (system development WeChat ruiec2723) , let's take a look at the July 2018, the Ethereum team modified the code of the Ethereum software software, in block 192000, forcibly All funds of The DAO (distributed autonomous organization) and its sub-DAOs are transferred to a specific refund contract address to "retake" the ether of the DAO contract controlled by the hacker. www.xnbxs.com
After that, two chains are formed, one is ETC (original chain) and the other is new ETH (forked chain). Ethereum has successfully hard forked!
So is it good or bad for a hard fork? Today we will talk about the impact of hard forks on digital asset miners, on the digital asset industry chain, and on the price of digital assets:
1. The impact of hard forks on digital asset miners:
The hard fork can cause trouble, and the miners definitely put in a lot of effort, and the investment is also a lot. Once forked, it will become easier for miners to mine, so that they can dig more coins, how happy! Although the mining speed of the newly forked coin has become faster, the price of this coin is very low. Of course, the value of the mined coins still depends on whether anyone buys them. After all, the market determines the price.
2. The impact of hard forks on the digital asset industry chain
From a technical point of view, the main problem with a hard fork is the need for all users to move to a new blockchain with different rules. In order to maintain the brand value and belief in digital assets, the supporters of digital assets are against hard forks. If there is a real hard fork, it will set off a complete network war and public opinion war.
3. The impact of hard forks on the price of digital assets
Again, whether the digital asset after the fork will rise or fall, and how the future will develop, will be determined by the choice of the market. According to common sense, the digital assets after the fork will plummet first, and then the two forked will gradually return to rationality after a period of baptism. After all, 1+1 after the fork is definitely not equal to 2.
The fork of digital assets is like a conference that will never end once it starts, but this is also the charm of decentralized digital assets.
[This article is provided by Mr. Digital Assets / system development WeChat ruiec2723]