Ethereum Price Bucks Positive Sentiment with Another 5.6% Dip

Right now, there is no measure of “intrinsic value” in the crypto world. And even if there is a measure for a specific protocol, investor sentiment tends to overshadow it by a significant amount. The lack of certainty in this space creates a high level of volatility that naturally plays out in the prices and makes it difficult to determine a fair value for cryptocurrencies. By understanding hard forks better, you can properly make a decision ahead of time in order to protect your investment.

Past Forks

First thing’s first: let’s get the definitions straight. A hard fork is a change to a cryptocurrency’s protocol that creates two different versions of a cryptocurrency. Soft forks, on the other hand, stick to just one cryptocurrency (and one blockchain). Segwit was an example of a soft fork, and Bitcoin Cash is the most well-known example of a hard fork.

Hard forks can signify upgrades to security or new functionality, or they can be designed with the…