How Ethereum fork will affect new currency?


#1

If ETH get forked… and if it will be new currency like BTG on BTC fork… is it in the same way that when having for an example 10 ethers on ETH I will have also 10 newETH???
Is it working in the same way like in BTC / BCG fork relation?


#2

Hi @Trzesicki.

Ethereum’s fork have consensus, in other words, everyone agree with the fork.

In this case, with consensus, doesn’t exist split-chain. In other words, will be only one currency.

In Bitcoin forks, doesn’t exist consensus. The people from one side stay in one chain and the people that not agree split the chain (create a new currency).

For more information, please see the video Bitcoin Hard Fork - Risk of losing Bitcoin in November? - Programmer explains from @ivan.