Hard Fork means a software update implemented to a blockchain protocol that is incompatible with the existing blockchain protocol, causing a permanent split into two separate blockchain protocols that run in parallel.
Hard Fork means a blockchain software upgrade that is not compatible with
Hard Fork means a permanent divergence in the blockchain (e.g., when non-upgraded nodes cannot validate blocks created by upgraded nodes that follow newer consensus rules, or an airdrop or any other event which results in the creation of a new token).
Examples of Hard Fork in a sentence
Any income or other tax payable in respect of the Collateral Account or any Collateral Account Property or on account of any dividends, distributions, interest, gain, profits, income, proceeds or other property received or accrued in respect of any Collateral Account Property or other Collateral (including, for the avoidance of doubt, any digital assets distributed in an Airdrop or resulting from a Hard Fork) will be for the account of the Pledgor.
More Definitions of Hard Fork
Hard Fork means a blockchain software upgrade that is not compatible with previous versions of the blockchain software and requires all users to upgrade to the latest version of the blockchain software.
Hard Fork means a substantial software modification to the public transaction ledger of the peer-to-peer Bitcoin computer network (or other similar computer network for other Digital Assets, the “Blockchain”) which results in two or more competing Blockchain implementations, one running the pre-modification software program and the other running the modified version (i.e., a second Bitcoin network (or other similar computer network for other Digital Assets) or other event that results in the creation of a new coin of digital currency).
Hard Fork means, with respect to a Crypto Asset, the splitting of the protocol applicable to that Crypto Asset, which results in (i) two or more Blockchains which are technologically incompatible with each other and (ii) two or more Crypto Assets being available for trading simultaneously, one being native to the original Blockchain that existed immediately prior to the aforementioned protocol split (the “Original Crypto Assets”), and one or more relating to the new Blockchain(s) resulting from such protocol split (“New Crypto Assets”).
Hard Fork means a substantial software modification to the Blockchain which results in two or more competing and incompatible Blockchain implementations, one running the pre-modification software program and the other running the modified version (i.e., a second “Bitcoin network”).
Hard Fork means a substantial software modification to the public transaction ledger of the peer-to-peer Bitcoin computer network (the “Blockchain”) which results in two or more competing Blockchain implementations, one running the pre-modification software program and the other running the modified version (i.e., a second Bitcoin network or other event that results in the creation of a new coin of digital currency).
Hard Fork means a disagreement among participants of the distributed ledger resulting in a split into two or more incompatible versions of such distributed ledger, and which results in the tokens recorded in the distributed ledger being duplicated (one version of the tokens remaining on each version of the distributed ledger).
Hard Fork has the meaning set forth in Section V.