Bitcoin fork explained in layman's terms

in bitcoin •  8 years ago 

Being fairly new to cryptocurrency technology and trading I don’t quite grasp all the terminology and their definition.

With the fork looming I went in search of what that will mean for those of us involved with crypto.
bitcoin-fork 300.jpg
I found this article helpful, and wanted to share it with those of you in the same boat as me.
http://www.coindesk.com/short-guide-bitcoin-forks-explained/

I know some wallets are halting any transactions from being made on July 31, 2017.

Your advice and opinions are welcome!

Authors get paid when people like you upvote their post.
If you enjoyed what you read here, create your account today and start earning FREE STEEM!