Home / Featured / Monero Hard Fork: Don’t Panic, Don’t Fall for Scams

Monero Hard Fork: Don’t Panic, Don’t Fall for Scams

Hard forks have something of a bad reputation. On the surface they’re little more than blockchain project updates, the equivalent of a new version release. But because of events like the Bitcoin/Bitcoin Cash split, whenever uninformed crypto investors see a hard fork ahead, they enter panic mode.

Hard forks are normal, healthy events in a blockchain project’s life cycle. Ethereum has regular hard forks as part of its roadmap, as do other cryptocurrencies. No matter how much planning or education goes into them, though, it’s not uncommon to see price fluctuations or other drama when an altcoin goes through a hard fork.

Monero has a hard fork scheduled for the end of March 2018. This scheduled hard fork has seen a handful of fake coins and scam airdrops, all ready to take…


Read More

Check Also

Is ICON a Potential Moonshot? (Opinion)

A “moonshot” is an altcoin that can surge in value, multiple times its current worth …