
I was discussing Ethereum with my brother and we had this question, do we get tokens with the Ethereum hard fork?
Turns out, I don’t think so. Reading material:
The Ultimate Guide to the Ethereum Berlin Hard Fork and London Hard Fork https://academy.ivanontech.com/blog/the-ultimate-guide-to-the-ethereum-berlin-hard-fork-and-london-hard-fork
Valid Points: What to Expect When Ethereum 2.0 Undergoes Its First ‘Hard Fork’ https://www.coindesk.com/eth-2-0-first-hard-fork-coming-valid-points
Berlin hard fork; what does it mean for the ethereum token https://www.reddit.com/r/ethereum/comments/loac3s/berlin_hard_fork_what_does_it_mean_for_the/
Binance Will Support the Ethereum (ETH) & Wanchain (WAN) Network Upgrades & Hard Forks https://www.binance.com/en/support/announcement/621f00d3cca44c33bd999ed0b3e01b53
What does it all mean?
Well, simply put, a hard fork means that the nodes have to upgrade to a new client. Whereas in a soft fork, they’re backwards compatible. In simpler terms, if you had a node running Ethereum and just left it there, it would support a soft fork. In a hard fork you have to go in and upgrade the node client. When there’s a debate in the community, that’s how miners vote which part of the fork to follow. This time there’s no real debate as this is a big upgrade in the network. Also, Binance says they’ll be no tokens issued.
Oh, well…
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