What is Fork in Crypto ?
a #Fork refers to a significant change or divergence in the protocol of a blockchain network. It is a term used to describe the splitting of a #blockchain into two separate paths, each following its own set of rules.
There are two main types of forks: hard forks and soft forks.
#Hard Fork: A hard fork involves a substantial change in the protocol that is not #backward-compatible. It creates a permanent #divergence in the blockchain, resulting in two separate chains. #Nodes or participants who do not upgrade to the new protocol will continue to follow the old chain, while those who adopt the changes will follow the new chain. Hard forks often lead to the creation of new #cryptocurrencies with their own separate blockchain.
#Soft Fork: A soft fork, on the other hand, is a backward-compatible upgrade to the #protocol. It introduces changes that are compatible with the #existing rules, allowing nodes that have not #upgraded to continue validating transactions on the updated blockchain. In a soft fork, the blockchain remains as a single unified #chain, but nodes that have upgraded will enforce additional rules.
a #Fork refers to a significant change or divergence in the protocol of a blockchain network. It is a term used to describe the splitting of a #blockchain into two separate paths, each following its own set of rules.
There are two main types of forks: hard forks and soft forks.
#Hard Fork: A hard fork involves a substantial change in the protocol that is not #backward-compatible. It creates a permanent #divergence in the blockchain, resulting in two separate chains. #Nodes or participants who do not upgrade to the new protocol will continue to follow the old chain, while those who adopt the changes will follow the new chain. Hard forks often lead to the creation of new #cryptocurrencies with their own separate blockchain.
#Soft Fork: A soft fork, on the other hand, is a backward-compatible upgrade to the #protocol. It introduces changes that are compatible with the #existing rules, allowing nodes that have not #upgraded to continue validating transactions on the updated blockchain. In a soft fork, the blockchain remains as a single unified #chain, but nodes that have upgraded will enforce additional rules.
#PRA
#HARD / USDT :
TF : 1D
- The price is in a correction phase and retracing towards the 200 EMA. However, the overall trend is still upward, and the price is expected to rise higher.
- To enter a long position, it would be best to wait for the price to breakout above the trendline and enter on a break of the $0.1789 level.
Expected Returns : +40%
Plan :
Entry : $0.1789
Target : $0.2548
SL : $0.1505
@RG_Analitics
ΠΠΎΠ΄ΠΏΠΈΡΠ°ΡΡΡΡ....
#HARD / USDT :
TF : 1D
- The price is in a correction phase and retracing towards the 200 EMA. However, the overall trend is still upward, and the price is expected to rise higher.
- To enter a long position, it would be best to wait for the price to breakout above the trendline and enter on a break of the $0.1789 level.
Expected Returns : +40%
Plan :
Entry : $0.1789
Target : $0.2548
SL : $0.1505
@RG_Analitics
ΠΠΎΠ΄ΠΏΠΈΡΠ°ΡΡΡΡ....
#PRA
#HARD/USDT analysis -
#HARD is currently in an uptrend and trading above the 200ema. The price has recently bounced back from the 200ema and broken out of a trend line, indicating that the bullish trend is likely to continue and the price is expected to test the previous swing high.
TF : 4h
Entry : $0.2564
Target : $0.3466
SL : $0.2120
@RG_Analitics
ΠΠΎΠ΄ΠΏΠΈΡΠ°ΡΡΡΡ....
#HARD/USDT analysis -
#HARD is currently in an uptrend and trading above the 200ema. The price has recently bounced back from the 200ema and broken out of a trend line, indicating that the bullish trend is likely to continue and the price is expected to test the previous swing high.
TF : 4h
Entry : $0.2564
Target : $0.3466
SL : $0.2120
@RG_Analitics
ΠΠΎΠ΄ΠΏΠΈΡΠ°ΡΡΡΡ....