Skip to main content

What Role Does a Hard Fork Play in a Governance Failure?

A hard fork is a permanent divergence from the previous version of the blockchain, where non-upgraded nodes cannot validate transactions from the new chain. It is often the ultimate consequence of a fundamental and irreconcilable disagreement within the community, signifying a governance failure to reach consensus.

The community splits, creating two separate chains and potentially two separate cryptocurrencies.

How Does a Hard Fork Differ from a Soft Fork in Terms of Network Consensus?
What Is a Hard Fork versus a Soft Fork in Cryptocurrency?
What Is a “Contentious Hard Fork” versus a “Planned Hard Fork”?
What Is a “Soft Fork” and How Does It Represent a Less Severe Governance Outcome?