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Some Major Ethereum Forks You Need To
Know
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But for that, you need
to brush up your crypto
knowledge about all
terminologies. One
such is the difference
between a soft fork
and a hard fork. You
must be familiar with
Bitcoin forks, but today
we are going to
introduce you with
some major Ethereum
forks.
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● If you are being asked about the world’s most effective blockchain
community, then it is likely possible that you will answer Bitcoin. But no, the
right answer is Ethereum. The reason that makes Ethereum blockchain
different to other blockchain networks, is it’s being programmable.
● This modified feature has been helpful for the developers in finding a
solution for the problems related to privacy and digital verification for the
security of data.
● Whenever there is a disagreement from the blockchain community about
the network changes regarding smooth functioning or at the specified time,
then it becomes the need for the forks with underlying code rules to be
planned by developers.
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Ethereum Classic
● Ethereum Classic is known to be one of the major Ethereum forks. The base
of this Ethereum hard fork was on the vexed DAO event. Ethereum Classic
differs with Bitcoin in terms of functionality with the use of balances and
accounts, in a way of state transitions.
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Ice Age
● Joining the list among major Ethereum forks is Ice Age. It is famously called
as ‘Frontier Thawing’. Ice Age is known to be an unplanned Ethereum fork
that offers speed updates and safety to the network.
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Atlantis
● Atlantis hard fork came into being in September 2019. It made software
users touch up with the clients to remain connected with the present
network. This included network performance, safety, and solidity for higher
traffic volumes.
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Homestand
● Homestand also ranks among the major Ethereum forks. It is popularly called
as Phase 2 of the evolution of Ethereum development. It comprises 3 crucial
updates including smart contracts deployment, elimination of centralization,
and allowing users for ETH holding and transaction.
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Conclusion
If you want to understand the spawning of hard forks from the original
network, then it is essential to know about what is a soft fork and hard
fork in the blockchain. Like Bitcoin hard forks, including Bitcoin Cash,
Bitcoin Gold, and others, there are major Ethereum forks, like Ethereum
Classic, Atlantis, Ice Age, and Homestand. Ethereum remains an
undisputed blockchain platform, comprising maximum dApps and
bigger, active community. Nowadays, cryptocurrencies grab so much
attention through headlines.
Sources
https://www.cryptoknowmics.com/news/guide-to-forks-everythingyou-need-to-know-about-forks-hard-fork-and-soft-fork
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