Sentences with phrase «defined by forking»
... defined by forking.
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It's also likely that big exchanges like Coinbase will serve as king - makers after the fork, in part by deciding which version of the currency gets to be «BTC» — the ticker symbol everyone currently uses to define bitcoin.
For one, the bitcoin cash hard fork and the Segwit2x hard fork will be different in that the former's supporters were defined by their interest in creating a competing (and now seemingly complementary) cryptocurrency.
Bitcoin Cash, initially defined by the Bitcoin ABC software implementation, was set to fork on August 1 at 12:20 p.m. UTC.
The bitcoins scaling debate is the most well - known manifestation of this issue, and some have looked to forks as a way to define governance by means of natural selection of blockchain networks.
The new rules prescribe that the bitcoins in these anyonecanspend addresses can only be spent under specific conditions, defined by the soft fork.
BCH, defined by Bitcoin ABC software was all set to fork on August 1, 2017, but because of how Bitcoin nodes measure time, the actual fork happened a little bit later.