XRP Ledger Hard Fork In 8 Days? Upgrade Deadline Sparks Network Split Debate

Monero (XMR) price has surged by as much as 7% in a matter of 24 hours before network upgrade or hard fork on August 13. XMR climbs by over 7% overnight before the weekend hard fork. Binance recently announced support for Monero’s hard fork or network upgrade. Crypto targets $200; then $217 next.  Historically, upgrades have always triggered a boost in XMR price. The altcoin is seen to have soared by 65% since midway of June which signals a robust price movement. With consistent and continuous recovery of the crypto market, XMR price might even shoot above $200. According to CoinMarketCap,....

Over the past few months, Bitpay co-founder and CEO Stephen Pair has been advocating for a safe and non-contentious method to scale the Bitcoin network. In an informative blog post, Pair revealed his perception of a cautious approach to bitcoin scaling. Basically, Pair believes that a soft fork-based scalability solution is the most beneficial for the network and community. It eliminates the possibility of a hard fork, which will inevitably lead to a chain split at this phase of bitcoin development. While some hard forks such as the Ethereum forks executed in late 2016 allowed the network....

So far, developers are calling 'Spurious Dragon' a success. Ethereum's latest hard fork, officially activated at block 2,675,000 today, comes days after the code was first tested as a solution to ongoing network performance issues. Among other changes, the fork will give developers the ability to delete empty accounts left by an unknown attacker that had effectively flooded the network. While generally seen as a dangerous way to upgrade a blockchain (since it can lead to a network split if the proposed changes aren't accepted by everyone), ethereum's developers have embraced hard forks as....

Bitcoin developers are probing deeper into how best to execute a so-called hard fork, a contentious upgrading tool that's been at the heart of the nearly $16bn network's most divisive debate for years now. The issue is that to be used cleanly and without unintentional consequences, a hard fork requires all the digital currency's miners to move to a new blockchain, or version of its transaction history. One case study of what can otherwise happen came last summer, when ethereum inadvertently split into two networks after executing a hard fork some users disagreed with. That's not to say....

A number of Bitcoin companies and miners have agreed to run code that will implement a hard-forking increase to the non-witness data in blocks roughly three months after the activation of Segregated Witness (SegWit). According to some of its proponents, the proposal, known as SegWit2x, is said to be the only viable solution to the Bitcoin scaling debate. However, agreeing to initiate a hard fork without knowing how speculators will react to such a change comes with risks. If there is not full support for the hard fork from bitcoin holders, the end result could be a split of Bitcoin into....