What Are Some Historical Examples of Network Upgrades That Led to Bearish Sentiment? ▴ Learn

What Are Some Historical Examples of Network Upgrades That Led to Bearish Sentiment?

While many network upgrades are bullish, some have led to bearish sentiment due to uncertainty or controversy. The lead-up to the Bitcoin Cash hard fork from Bitcoin in 2017 was a period of significant uncertainty and debate within the community, causing market volatility.

Similarly, the DAO hack on the Ethereum network in 2016 and the subsequent hard fork to create Ethereum and Ethereum Classic was a contentious event that created fear and doubt about the security and governance of the platform. These events highlight how even necessary upgrades can be perceived negatively if they are contentious or poorly executed.

What Were the Long-Term Consequences of the DAO Hack for the Ethereum Network?

What Was “The DAO Hack” and What Were Its Consequences for Ethereum?

What Is the Difference between a Hard Fork and a Soft Fork in Cryptocurrency?

What Is the Difference between a Soft Fork and a Hard Fork in Relation to Block Size Changes?