Interview – Blockchain Forks explained
Blockchain Live interview with Adi Ben Ari, CEO & Founder, Applied Blockchain.
Adi explains the three types of blockchain forks in a nutshell.
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Hi my name is Adi Ben Ari, I’m the funded CEO of a company called applied blockchain.
One of the terms that we come across in blockchain is Forks, they’re walking, and this means different things to different people so it’s probably good to go through.
So we have the different ways the terminology is used, first of all we have Forks of code, this means that we have a piece of code, it could be the blockchain code itself, and somebody comes along and forks our code, so they effectively create another version of the code base and they extend it in an alternative direction, so this is a fork of the code.
In the blockchain world we are talking about the blockchain itself of the legend, and that means that we’ve got a blockchain running with a group of nodes and at some point that same blockchain is taken, copied and recreated somewhere, and that other copy has its own set of nodes and they’re now running the old version but are continuing often in a different direction of a different set of transactions than the original which still continues.
Then finally the third type of forking that we can have is a blockchain which is a single blockchain network where some nodes get cut off from others. This could be because there’s a network disconnect which it won’t work and we’ve then also got another and in that case the two groups carry on as they receive transactions but they can’t share them between them and so they kind of go off in different directions. The book 10 is designed to restore that time so the idea is that when that network problem goes away and the nodes meet again they will typically pick the longest chain that the most transactions in it and they will accept that and continue.
So that’s forking in a nutshell for you.